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Synertrade description
Synertrade is a cloud-based software platform designed for managing all your company's purchasing activities in one place. It helps businesses track spending, manage suppliers, and handle the entire purchasing process from order to payment. This can lead to cost savings and better relationships with suppliers. Synertrade is used by many large companies around the world.
What companies are using Synertrade?
Who is Synertrade best for
Synertrade centralizes procurement, from orders to payments. It streamlines supplier and contract management, leading to potential cost savings. Although designed for large enterprises, it's best suited to mid-sized companies.
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Best fit for medium-sized companies.
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Suitable for a wide range of industries.
Synertrade features
| Supported Synertrade supports contract management, including storing, managing, and tracking key dates and milestones. |
| Supported Synertrade supports supplier onboarding, including documentation collection and information gathering. |
| Supported Synertrade offers a supplier portal for accessing information, submitting invoices, and limited communication. |
| Supported Synertrade automates sourcing, contracting, purchasing, and supplier performance tracking. Inventory optimization is indirectly supported. |
| Supported Synertrade streamlines purchasing and centralizes information, and likely integrates with other systems. |
Synertrade alternatives
mjPROBetter for bid submission and e-tendering. Easier to use with excellent customer support. Has significantly more momentum than Synertrade. Focuses on businesses of all sizes, especially large enterprises in India.Read more
Ana09Better for mid-sized businesses focused on vendor management. Has stronger ratings on G2. Synertrade is growing faster.Read more
SAP ConcurBetter for expense reporting, travel management, and invoice approvals. A good Synertrade alternative for businesses of all sizes needing real-time spending visibility.Read more
XelixBetter for AP automation and preventing financial errors. Has strong user reviews for ease of use and customer support. Growing faster than Synertrade. More focused on finance and IT.Read more
AspireBetter for businesses focused on international transactions and expense management. Aspire is growing faster and has higher ratings. Users love its ease of use, customer support, and real-time tracking. However, some users dislike unreliable international transfers and transaction fees. A Synertrade competitor and alternative for modern businesses.Read more
OpstreamBetter fit for small and medium businesses, especially in finance. A Synertrade competitor and alternative, it has slightly less momentum.Read more
Synertrade FAQ
What is Synertrade and what does Synertrade do?
Synertrade is a cloud-based procurement platform that helps businesses streamline their purchasing processes, manage supplier relationships, and control spending. It offers features such as contract management, supplier onboarding, and procurement automation. Synertrade is geared towards large enterprises.
How does Synertrade integrate with other tools?
Synertrade integrates with other systems, offering a Procurement Orchestration Platform that streamlines purchasing and centralizes information, likely connecting with various other tools for a more comprehensive solution. It also includes a supplier portal for enhanced communication and data sharing.
What the main competitors of Synertrade?
Synertrade competes with other procurement solutions like Ana09, mjPRO, SAP Concur, Aspire, Xelix, and Zylo. These alternatives offer various features for vendor management, spend analysis, and streamlining purchasing processes.
Is Synertrade legit?
Synertrade is a legitimate procurement software platform used by large companies globally. It offers features like contract management, supplier onboarding, and procurement automation. However, limited user reviews and declining employee growth on LinkedIn may warrant further investigation to ensure it's the right fit for your needs.
How much does Synertrade cost?
Synertrade does not publicly disclose pricing information. Contact Synertrade directly for a quote tailored to your specific business needs and to determine if the product is worth the investment.
Is Synertrade customer service good?
There is no customer service information available for Synertrade.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.