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Synertrade vs JAGGAER ONE

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Our analysts compared Synertrade vs JAGGAER ONE 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
Synertrade Software Tool
JAGGAER ONE Software Tool
SelectHub Award Winner
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Product Basics

Analyst Rating

58 Detailed Analysis

User Sentiment

Great User Sentiment (30 Reviews)

Analyst Rating

92 Detailed Analysis

User Sentiment

Excellent User Sentiment (2 Reviews)
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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JAGGAER ONE is a cloud-based procurement platform that aims to streamline and automate the entire source-to-pay cycle for organizations. It's well-suited for businesses of all sizes, particularly those seeking centralized control over spending and supplier relationships. Key benefits include increased visibility into procurement activities, reduced costs through e-sourcing and spend analytics, and improved compliance with procurement policies. Popular features encompass supplier management, contract lifecycle management, and invoice automation. User experiences in the procurement context highlight JAGGAER ONE's strengths in user-friendliness, configurability, and integration with existing enterprise systems. However, some users report challenges with data migration and ongoing maintenance. Pricing is typically based on a subscription model with per-user or transaction fees, varying depending on the specific modules and level of customization required. Overall, JAGGAER ONE offers a comprehensive suite of procurement tools that can significantly improve efficiency and cost savings for organizations, but it's crucial to carefully assess its suitability and pricing structure before implementation.

Pros
  • Streamlines workflows
  • Boosts visibility & control
  • Reduces costs & errors
  • Improves supplier management
  • Offers data-driven insights
 Cons
  • Complex setup & migration
  • High initial cost & maintenance
  • Limited customization options
  • Steep learning curve for users
  • Integration challenges with legacy systems
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Product Assistance

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Knowledge Base
24/7 Live Support
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Product Insights

  • 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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  • Enhanced cost control and savings: Leverage AI-powered spend analytics to identify and eliminate wasteful spending, optimize supplier contracts, and negotiate better deals.
  • Streamlined procurement processes: Automate manual tasks, centralize purchase orders, and reduce approval bottlenecks, accelerating cycle times and boosting efficiency.
  • Improved supplier collaboration and risk management: Foster stronger relationships with suppliers through self-service portals, automate supplier onboarding and qualification, and mitigate risks with proactive compliance monitoring.
  • Data-driven decision making and insights: Gain real-time visibility into all procurement activities, analyze spending patterns, and predict future needs to optimize sourcing strategies and budgets.
  • Increased compliance and risk mitigation: Ensure adherence to regulations and internal controls with built-in compliance tools, minimize audit risks, and protect against fraud.
  • Scalability and adaptability: Adapt to changing business needs and accommodate growth with a flexible platform that scales seamlessly to meet your evolving procurement requirements.
  • Improved user experience and productivity: Simplify procurement tasks with intuitive interfaces, mobile access, and role-based permissions, empowering users and boosting productivity.
  • Sustainable procurement practices: Promote responsible sourcing and ethical supplier relationships with tools for supplier diversity, carbon footprint tracking, and conflict minerals management.
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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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  • Supplier Management: Manage your entire supplier lifecycle, from onboarding and qualification to performance tracking and risk mitigation. Enjoy self-service portals for suppliers, automated workflows, and robust collaboration tools.
  • e-Sourcing and Sourcing Optimization: Conduct strategic sourcing events, from reverse auctions to RFQs, automate supplier selection, and optimize contract terms with AI-powered insights.
  • Contract Lifecycle Management: Streamline contract creation, approval, negotiation, and execution. Gain real-time visibility into contracts, manage obligations and compliance, and automate renewals.
  • Purchase Order Management and Spend Analytics: Centralize purchase orders, automate approvals and workflows, and gain deep insights into spending patterns. Identify cost savings opportunities, optimize supplier relationships, and improve budget forecasting.
  • Invoice Automation and Matching: Automate invoice processing, eliminate manual data entry errors, and accelerate payment cycles with AI-powered matching and three-way matching capabilities.
  • Compliance and Risk Management: Ensure adherence to internal policies and external regulations with built-in compliance tools, risk assessment capabilities, and audit trails. Mitigate fraud and supplier risk through proactive monitoring and controls.
  • Business Intelligence and Reporting: Gain real-time visibility into all procurement activities with customizable dashboards and reports. Analyze data, identify trends, and make informed decisions based on actionable insights.
  • Mobile Access and User-Friendly Interface: Access JAGGAER ONE on any device, from desktops to smartphones, with a user-friendly interface that simplifies procurement tasks for all users. Role-based permissions ensure secure access and control.
  • Open Integration Platform: Integrate JAGGAER ONE seamlessly with your existing ERP, financial, and other enterprise systems to create a connected and efficient procurement ecosystem.
  • Advanced Analytics and AI: Leverage AI-powered spend analytics, supplier risk assessment, and predictive insights to optimize your procurement strategy, identify cost savings opportunities, and make data-driven decisions.
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Product Ranking

#17

among all
Procurement Software

#78

among all
Procurement Software

Find out who the leaders are

Analyst Rating Summary

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92
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Supplier Management
Budget Management
Dashboard and Reporting
Platform Capabilities
Platform Security
Sourcing

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Synertrade
JAGGAER ONE
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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 11 74 83 51 60 30 82 80 73 29 82 50 69 85 100 89 100 87 60 75 100 97 90 93 92 100 92 100 0 25 50 75 100
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

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User Sentiment Summary

Great User Sentiment 30 reviews
Excellent User Sentiment 2 reviews
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.

90%
of users recommend this product

JAGGAER ONE has a 'excellent' User Satisfaction Rating of 90% when considering 2 user reviews from 1 recognized software review sites.

n/a
4.5 (2)
4.3 (30)
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Awards

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SelectHub research analysts have evaluated JAGGAER ONE and concluded it earns best-in-class honors for Budget Management, Receiving and Inventory Management and Supplier Management. JAGGAER ONE stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award
Budget Management Award
Receiving and Inventory Management Award
Supplier Management Award

Synopsis of User Ratings and Reviews

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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Streamlined Workflows: Simplifies complex procurement processes with guided buying, approvals, and contract management.
Enhanced Visibility: Provides real-time insights into spending, contracts, and supplier performance, fostering data-driven decision making.
Improved Collaboration: Connects internal stakeholders and external suppliers on a single platform, promoting better communication and streamlining collaboration.
Reduced Costs: Automates tasks, identifies savings opportunities through spend analytics, and negotiates better contracts, leading to significant cost reductions.
Increased Efficiency: Eliminates manual processes and automates repetitive tasks, freeing up time for strategic initiatives and boosting overall procurement efficiency.
Improved Compliance: Ensures adherence to procurement policies and regulations through guided workflows and automated controls, mitigating risks and improving compliance.
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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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Complex Interface: Steep learning curve for new users, with a complex interface and navigation.
Limited Customization: Limited options for customizing workflows and reports to specific needs, leading to inflexibility.
Performance Issues: Can experience lag and slow response times, especially with large data sets or complex workflows, impacting user productivity.
Scalability Concerns: May not scale well for large organizations or complex procurement requirements, leading to potential limitations in the future.
High Cost: Can be expensive to implement and maintain, with ongoing subscription fees and potential consulting costs, raising budget concerns.
Integration Challenges: Integrating with existing systems can be complex and time-consuming, requiring additional resources and expertise.
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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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JAGGAER ONE gets mixed reviews from Procurement users. Fans praise its comprehensive suite, boasting, "It streamlines everything from sourcing to contract management, giving us a clear picture of our entire spend." This centralized view and automated workflows are lauded for boosting efficiency, with one user exclaiming, "We've slashed manual tasks, freeing up time for strategic sourcing initiatives." However, JAGGAER ONE's complexity can be a double-edged sword. While its depth is praised for offering "granular control over every step of the procurement process," the learning curve is steep, with users lamenting, "The interface is overwhelming, especially for new team members." This complexity can also lead to inflexibility, as some users find it "difficult to customize workflows and reports to fit our specific needs." Compared to Ariba, users appreciate JAGGAER ONE's focus on supplier collaboration. "The supplier portal fosters better communication and transparency, leading to stronger relationships," one user says. However, JAGGAER ONE's performance can falter, with reports of lag and slow response times, particularly when compared to Ariba's renowned speed. Cost is another concern, with JAGGAER ONE's price tag seen as "prohibitively high" by some. Ultimately, JAGGAER ONE is a powerful tool, but its complexity and cost might deter smaller organizations or those seeking a simpler solution. For those who prioritize deep functionality, supplier collaboration, and data-driven decision making, JAGGAER ONE's strengths outweigh its weaknesses, but careful consideration is crucial.

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Screenshots

Top Alternatives in Procurement Software

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

Related Categories

Procure To Pay Software
Purchasing Software
Strategic Sourcing Software
Show more
Strategic Sourcing Software
Supply Chain Management Software
Show more

Head-to-Head Comparison

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

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