Compare SynerTrade and Sourcing - Jul 2022

Shlomi LaviShlomi Lavi / Jul 16, 2022

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Bottom Line: Which is Better - SynerTrade or Sourcing?

SynerTrade is more expensive to implement (TCO) than Sourcing, and SynerTrade is rated higher (90/100) than Sourcing (82/100). SynerTrade offers users more features (6) than Sourcing (0).

Looking for the right Procurement solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

SynerTrade Vs. BME Consulting

SynerTrade: SynerTrade, the European Leading Provider of Purchasing Software and Consulting, provides solutions and expertise that fully empower purchasing.With 235 Customers, SynerTrade has in-depth knowledge of purchasing issues in numerous industries. SynerTrade has a broad international presence with a 115-person team based in France, Germany, Romania, the...

BME Consulting: Skill up and learn about procurement tips, advices, strategies and digitization on Sourcing Force blog

Who is more expensive? SynerTrade or Sourcing Force?

The real total cost of ownership (TCO) of Procurement software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for SynerTrade and Sourcing Force.

SynerTrade price starts at $59 per user/month , On a scale between 1 to 10 SynerTrade is rated 10, which is much higher than the average cost of Procurement software. Sourcing Force price starts at $7 per user/month , When comparing Sourcing Force to its competitors, the software is rated 2 - much lower than the average Procurement software cost.

Bottom line: SynerTrade is more expensive than Sourcing Force.

Which software includes more/better features?

We've compared SynerTrade Vs. Sourcing based on some of the most important and required Procurement features.

SynerTrade: Budget & Expense Management, Collaboration, Supplier Risk Management, Procurement, PO: Purchase orders, Contract Management.

Sourcing Force: We are still working to collect the list of features for Sourcing Force.

Target customer size

SynerTrade's typical customers include: Medium and large size businesses, and Sourcing Force's target customer size include: Small, medium and large size businesses.

SynerTrade

ITQlick rating
(4.1/5)

starts at $59 per user/month

SynerTrade Accelerate is a cloud-based supply chain management and procurement solution for medium and large enterprises. Its key features include catalog, contract, requisition, sourcing, spend, purchase order...

Categories: Accounts Receivable, Project Collaboration, Supplier Management, Procurement.

Sourcing Force

ITQlick rating
(5/5)

starts at $7 per user/month

Sourcing Force is a supply chain management software built for businesses to automate their tasks and processes of procurement. It is a complete cloud-based platform that fully incorporates ERP systems utilizin...

Categories: Accounts Receivable, Supplier Management, Procurement, PO: Purchase orders.

Compare specifications

Compare features

SynerTrade: 6 Features

Budget & Expense Management
Collaboration
Supplier Risk Management
Procurement
PO: Purchase orders
Contract Management

Sourcing Force: 0 Features

We are working to collect the information
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
SynerTrade
ITQlick rating
4.1/5
Score
90/100
Pricing
10/10
License pricing
$59 per user/month
Functionality
16
Compare
Sourcing
ITQlick rating
5/5
Score
82/100
Pricing
2.6/10
License pricing
$7 per user/month
Functionality
4
DXC Proc...
ITQlick rating
3.9/5
Score
92/100
Pricing
7/10
License pricing
Pricing not available
Functionality
4
DeltaBid
ITQlick rating
4.5/5
Score
89/100
Pricing
2/10
License pricing
$129 per user/month
Functionality
16
Precoro
ITQlick rating
4.8/5
Score
88/100
Pricing
2.2/10
License pricing
$35 per user/month
Functionality
16

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.