SynerTrade - Top 4 Alternatives (Mar 2022)

SynerTrade Review
ITQlick Score: 90/100
ITQlick Rating: (4.1/5)
Pricing: 10/10 - high cost
Category: Procurement -> SynerTrade -> SynerTrade competitors
Ranking:Ranked 2 out of 78 Procurement systems
Company: SynerTrade
Pricing: starts at $59 per user/month
Typical customers: Medium and large size businesses
Platforms: Desktop, Mobile, Cloud
Links: SynerTrade review, SynerTrade alternatives
Shlomi LaviShlomi Lavi / updated: Mar 23, 2022

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SynerTrade competes with other procurement systems like SAP Ariba, Coupa Procurement, and Tradogram. We will compare these procurement systems in some specific aspects below.
  • Functionality: SynerTrade offers features like Source to Contract, Procure to Pay, Supplier Relationship Management, Access your data everywhere & anytime, Auction Management, Budget Management, Cataloging/Categorization, Collaboration Tools, Compliance Management, Contract/License Management, Invoice Processing, Purchase Order Management, Spend Management, etc. SAP Ariba offers features like Intelligent Spend Management (available in SynerTrade), Supplier Management (available in SynerTrade), Strategic Sourcing, Direct Spend Solutions, Procurement, Financial Supply Chain, Spend analysis, Service for Buyers, etc. Coupa Procurement offers features like Purchase Requisitions, Open Buy, Services Procurement (available in all alternatives), Budget, Spend Guard, Mobile, Purchase Order Software, Inventory Management, Contract Management, etc. Tradogram offers features like Purchase to Pay, Strategic Sourcing (available in SynerTrade), Supplier Management (available in SynerTrade and SAP Ariba), Contract Management, Spend Analysis, Order Management, Multi-Level Management, User Permissions, Supplier List, Items Catalog, Approvals, Budgets, Report Builder, Inventory, Requisitions, Purchase Orders, Requests, Delivery Tracking, Invoices, Expenses, Contracts, Instant Messaging, etc.
  • Costumers/Industries: SynerTrade has customers like Wabtec Corporation, AGCO, Park-Ohio Holdings Corp, Mondadori Group, Mediaset Group, Alstom Transportation, Engie, Sanofi, Carrefour, Shiseido, Vitrociset, etc. SAP Ariba targets Automotive, Banking, Chemicals, Consumer Products, Energy and Natural Resources, Insurance, and Public Sector. Coupa Procurement targets Retail, Insurance, Industrial manufacturing, Food and beverages, Technology, Life Sciences, Consumer Products, Healthcare, Oil & Gas, and Banking & Investment. Coupa Procurement has customers like American Eagle, The Fresh Market, Zalando Zeros, MGM Resorts, Lear corporation, Groupon, Sanofi, Service Cooperation International, Avalon Healthcare Group, Engie, AON, Airbus, etc. Tradogram targets Education, Construction, Energy & Utility, Food and beverages, Healthcare, Hospitality, Manufacturing, Non-profit, Technology, etc. Tradogram has customers like Reed, Ashesi University, Riverhealth Behavioral Health, Ohio Hills Health Services, Technical America, etc.
  • Cost: The license cost information for SynerTrade, SAP Ariba, and Coupa Procurement is unavailable, while Tradogram starts at $18 per user per month.
  • Cloud-based/On-premise: SynerTrade and all its alternatives are cloud-based.
  • Popularity: Coupa Procurement is publicly traded on the NASDAQ under the COUP symbol with 2000+ global customers. Tradogram is privately held with active users in over 80 countries worldwide.
  • Scalability: SynerTrade, Tradogram, and SAP Ariba can accommodate organizations of all sizes. Coupa Procurement can accommodate medium to large organizations in all industries.
  • Support: SynerTrade offers support channels like Email/Help Desk, Phone Support, 24/7 (Live Rep), and Chat. SAP Ariba offers an Email/Help Desk and Knowledge Base. Coupa Procurement offers all support channels of SynerTrade plus FAQs/Forum. Tradogram offers Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, 24/7 (Live Rep), and Chat.

SynerTrade alternatives - for low budget, SMBs and global businesses

Here are the top 4 alternatives to SynerTrade that are worth checking out: DXC Procurement for SMBs, DeltaBid for large size business, Precoro for growing companies, and Bideg for startups and SMBs.

ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score ITQlick Score is a 1 to 100 score, based on pricing, and functionality Vs. alternative solutions
Pricing pricing Score is a 1 to 10 score, 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
Review
Compare
SynerTrade
ITQlick rating
4.1/5
Score
90/100
Pricing
10/10
License pricing
$59 per user/month
Functionality
16
Best for SMBs
DXC Proc...
ITQlick rating
3.9/5
Score
92/100
Pricing
7/10
License pricing
Pricing not available
Functionality
4
Best for Enterprise
DeltaBid
ITQlick rating
4.5/5
Score
89/100
Pricing
2/10
License pricing
$129 per user/month
Functionality
16
Growing
Precoro
ITQlick rating
4.8/5
Score
88/100
Pricing
2.2/10
License pricing
$35 per user/month
Functionality
16
Free version
Bideg
ITQlick rating
4/5
Score
81/100
Pricing
2/10
License pricing
$300 per month
Functionality
8
Review

Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.