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Procurify vs Synertrade

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Our analysts compared Procurify vs Synertrade based on data from our 400+ point analysis of Procurement Software, user reviews and our own crowdsourced data from our free software selection platform.

Overview Pricing Benefits & Features Analyst Ratings Comparison Charts User Ratings Analyst Summary Screenshots
Procurify Software Tool
SelectHub Award Winner
Synertrade Software Tool
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Product Basics

Analyst Rating

68 Detailed Analysis

User Sentiment

Excellent User Sentiment (302 Reviews)

Analyst Rating

58 Detailed Analysis

User Sentiment

Great User Sentiment (30 Reviews)
Procurify is a spend management solution that helps improve spend culture by tracking expenses and purchases. It streamlines workflows and approval processes, as well as enables faster communication. Features include budget tracking, expense management, vendor management, audit logs, analysis, reporting and more. Easy integration with accounting offerings makes it easier to accumulate data in one place, while mobile access offers user convenience.
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Synertrade Accelerate is a cloud-based solution that helps optimize the purchasing process. Users can oversee the entire procurement process, from managing suppliers to sending invoices. It includes features like spend analysis, procurement management, contract lifecycle management, catalog management, purchase requisitions, supplier enrichment, onboarding and more. It offers services in over 20 languages worldwide.
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$1,000 Monthly
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Product Assistance

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24/7 Live Support
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Product Insights

  • Mobile App: Request, approve and receive goods; record items; capture and save packing slips and receipts; and receive alerts when an item needs attention. 
  • Control Expenses: Track purchases and budget, viewing a purchase pipeline to check what needs to be bought next month and plan accordingly. 
  • Integration: Use API access to integrate with accounting systems like NetSuite and QuickBooks, purchasing systems like Amazon PunchOut, and other software like Slack. 
  • Faster Communication: Communicate in-app instead of depending on emails or messages in another tool, which makes the decision-making process easier. 
  • Stay Compliant: Track and manage budget, purchase orders, shipping documents and invoices on one platform and ensure they are ready during the auditing process. 
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  • Cost Reduction: Synertrade enables organizations to significantly lower procurement expenses by automating and optimizing the sourcing process, leading to better negotiation outcomes and volume discounts.
  • Enhanced Efficiency: By automating routine procurement tasks, Synertrade frees up valuable time for procurement teams, allowing them to focus on strategic decision-making rather than administrative duties.
  • Improved Spend Visibility: Synertrade provides comprehensive insights into company spending patterns, enabling businesses to identify cost-saving opportunities and make informed purchasing decisions.
  • Risk Management: With its supplier management capabilities, Synertrade helps companies mitigate risks by ensuring compliance and monitoring supplier performance, thus safeguarding against supply chain disruptions.
  • Strategic Sourcing: Synertrade facilitates a more strategic approach to sourcing by providing tools for market analysis, supplier evaluation, and contract management, ensuring the best value for procurement activities.
  • Compliance and Control: The software ensures that procurement processes adhere to company policies and external regulations, reducing the risk of non-compliance and enhancing internal controls.
  • Collaborative Platform: Synertrade fosters collaboration between internal stakeholders and suppliers, streamlining communication and making the procurement process more transparent and efficient.
  • Data-Driven Decisions: With advanced analytics and reporting capabilities, Synertrade empowers businesses to make data-driven decisions, optimizing procurement strategies for better outcomes.
  • Scalability: Synertrade's flexible architecture allows it to scale with a business's growth, accommodating an increasing number of suppliers and transactions without compromising performance.
  • Global Capabilities: Designed for global operations, Synertrade supports multiple languages and currencies, enabling seamless international procurement activities.
  • Innovation and Continuous Improvement: Synertrade is committed to innovation, regularly updating its platform with new features and technologies to address evolving procurement challenges and enhance user experience.
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  • Approval Process: Customize and decide approval flows, control who gives approvals, and set approvals based on location, departments, users and dollar thresholds. Get notified and check real-time impact of budgets before approval. 
  • Purchasing Workflows: Streamline item purchase, approval, receiving and requests and match invoices to POs for payment. Pay with 3-way matching, generate POs and search for records. 
  • Budget Tracking: Track budgets in real time, keep a check on expenses and set up budget by projects, departments and more. Check the impact of new items on the budget before purchase and access graphs on actual and committed spending. 
  • Expense Management: Monitor personal spending or spending on credit cards, loop paper receipts and upload statements on the mobile app. 
  • Vendor Management: Manage vendors and track their performance against set parameters, create purchase orders, check for received items before making payments and create catalogs to order items from the right place. 
  • Spend Analysis and Reporting: Log spending and purchases, leveraging reporting graphics to get insights on trends. Access spend analysis divided into set categories like departments, users and more. 
  • Audit Logs: Capture, record and manage the history of all purchasing documents, including what edits were made and who made the request, approved purchase and received the items. 
  • User Permission: Set and customize job roles based on requirements and at a glance view permissions that are enabled for specific job roles. Limit access to administrative pages to specific job roles. 
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  • Spend Analytics: Gather and store data on spend, orders and invoicing. Analyze, process, classify and consolidate data, and access reports to track expenses. Visualize and personalize reports, export to MS Excel, and create and share presentations. 
  • Product Management: Maintain, add and search product or services documents and data in a database, as well as approve and reject updates. Databases can sync with e-sourcing, CLM and P2P processes. 
  • E-Sourcing: Gather requirements and use templates to create an RFI, RFP and RFQ. Get quotes from suppliers, conduct reverse auctions, analyze responses and initiate contracts. 
  • Contract Lifecycle Management: Store, share and search for contracts from a single repository, manage the lifecycle of all contracts, and revise and analyze them internally or with suppliers. Sign contracts using digital signatures and increase compliance. 
  • S2C Intelligence: Identify opportunities using multi-dimensional reports, browse data, customize reports and export or broadcast them. 
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Product Ranking

#8

among all
Procurement Software

#17

among all
Procurement Software

Find out who the leaders are

Analyst Rating Summary

68
58
98
11
0
74
83
83
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Platform Security
Budget Management
Mobile Capabilities
Product Catalog
Purchase Orders Management
Supplier Management

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Procurify
Synertrade
+ Add Product + Add Product
Budget Management Contract Management Dashboard And Reporting Invoice Management Mobile Capabilities Native Integration And Extensibility Platform Capabilities Product Catalog Purchase Orders Management Receiving And Inventory Management Requisitions Sourcing Spend Management Supplier Management 98 0 83 67 97 83 82 90 90 36 90 50 68 77 11 74 83 51 60 30 82 80 73 29 82 50 69 85 0 25 50 75 100
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83%
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8%
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77%
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15%

Analyst Ratings for Technical Requirements Customize This Data Customize This Data

33%
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67%
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67%
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User Sentiment Summary

Excellent User Sentiment 302 reviews
Great User Sentiment 30 reviews
90%
of users recommend this product

Procurify has a 'excellent' User Satisfaction Rating of 90% when considering 302 user reviews from 4 recognized software review sites.

86%
of users recommend this product

Synertrade has a 'great' User Satisfaction Rating of 86% when considering 30 user reviews from 1 recognized software review sites.

4.7 (17)
n/a
4.6 (37)
n/a
4.5 (139)
n/a
4.5 (109)
n/a
n/a
4.3 (30)

Awards

Procurify stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

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Synopsis of User Ratings and Reviews

Ease of Use: According to all users mentioning this aspect, the system is very easy to use and has a low learning curve.
Purchasing: It’s easy and quick to order supplies, making the purchasing process smooth in the experience of all the reviewers referring to this feature.
Ordering: This feature helps keep things in order and provides ready-made templates to order multiple items, according to all reviews referring to it.
Autofill: All users mentioning this aspect say the system helps auto-fill fields and recurring orders.
Budget Management: It's easier and quicker to analyze and approve budgets, according to 60% reviews mentioning this feature.
Navigation: Navigation between systems and features is seamless, according to all reviews referencing this aspect.
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Easy to Use: According to all users mentioning this aspect, the system is very easy to use and doesn’t require training.
Customization: Every reviewer referring to this feature observes that the system can be tailored to their requirements.
Customer Support: The service team is always available and quick to respond, according to all reviews referring to this aspect.
Implementation: The system is easy to implement, according to 75% of users mentioning this element.
Procure-to-Pay: The procure-to-pay system is robust and flexible, as all the reviews on this feature note.
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Interface: More than 70% of users mentioning the interface report that the system has bugs and is slow.
Integration: More solutions need to be added as integration options, as more than 65% reviews that mention this feature note.
Receiving Items: All the reviewers mentioning this aspect observe that every time a new item is received, the main list refreshes and the item is lost.
Inventory Management: Every user mentioning this aspect say this feature would be better if it helped track inventory.
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Interface: The interface is clunky and has bugs in the experience of 60% of users mentioning this aspect.
Maintenance Services: All the reviewers mentioning this feature indicate there’s a need to improve it for more speed and accuracy.
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Procurify is an easy-to-use system that improves budget management, provides useful templates for orders and simplifies item purchasing. It also offers user-friendly navigation, autofill features and more. However, reviews cite a slow system, difficulty in integration and the lack of inventory management as some drawbacks. It also loses newly received items due to list refreshes. Overall, it’s a good fit for companies that require frequent purchasing and expense management.

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Synertrade is an easy-to-use procurement system that helps streamline and manage the entire purchasing process. It offers quick customer support, along with easy customization and implementation. Users also appreciate how flexible and robust the procure-to-pay functionality is. However, the interface is clunky and has bugs, and the maintenance services require improvement to provide greater accuracy. Overall, it’s a good choice for companies looking for a user-friendly and customizable system with catalog management.

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Screenshots

Top Alternatives in Procurement Software

Basware P2P
BirchStreet
Coupa Procurement
GEP SMART
Ivalua
JAGGAER ONE
Oracle Procurement Cloud
Precoro
Proqura
SAP Spend Management
Synertrade
Tradogram
Workday Spend Management
Zycus

Related Categories

Procure To Pay Software
Purchasing Software
Strategic Sourcing Software
Show more
Procure To Pay Software
Purchasing Software
Strategic Sourcing Software
Show more

Head-to-Head Comparison

Procurify VS Ariba
Procurify VS Basware
Procurify VS BirchStreet
Procurify VS Coupa Procurement
Procurify VS GEP SMART
Procurify VS Ivalua
Procurify VS Jaggaer
Procurify VS Oracle Services Procurement
Procurify VS Precoro
Procurify VS Synertrade

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