Last Updated
Overview
Synertrade is a global Source-to-Pay platform that digitizes corporate procurement processes for greater efficiency and control. While its extensive functionality is highly valued, limited user-friendliness can hinder workflow. Nevertheless, the platform provides end-to-end visibility and strengthens collaboration across the supply chain.
Overall Rating
Based on 2 users reviews
4
Rating Distribution
Positive
100%
Neutral
0%
Negative
0%
Starting Price
Custom
Synertrade Specifications
- Document Management
- e-Signature
- Workflow Automation
- Compliance & Security Features
What Is Synertrade Software?
Synertrade is a cloud-based platform that provides a complete view of procurement, including supplier onboarding, negotiations, legal agreements, ordering, and invoicing. It empowers procurement leaders with end-to-end collaboration and governance. The platform adapts to customer needs, offering modular solutions and scalable digital growth. It supports seamless collaboration across contracting, procurement, and supplier management processes. Additionally, it delivers real-time insights, enhancing efficiency, compliance, and control for legal and procurement teams.
Synertrade Pricing
Synertrade Integrations
The software supports integration with multiple systems and platforms, such as:
- Adobe Sign
- HelloSign
- DocuSign
- Financial tools
Who Is Synertrade For?
Synertrade software is ideal for a wide range of industries, including:
- Global manufacturing and automotive
- Digital automation and energy management
- Media and broadcasting
- Financial services
- Real estate asset management
Is Synertrade Software Right For You?
If your enterprise needs to orchestrate a complex, reliable, and end-to-end Source-to-Pay process, Synertrade is an excellent fit. The platform's modularity, spanning SRM, S2C, and P2P, ensures comprehensive coverage from supplier onboarding to invoice payment. Its focus on enhanced user experience, coupled with features like powerful analytics and AI-driven insights, makes it the top choice for CPOs looking to drive significant digital transformation and strengthen strategic supplier collaboration.
Still doubtful if Synertrade software is the right fit for you? Connect with our customer support staff at (661) 384-7070 for further guidance.
Synertrade Features
Supplier Relationship Management (SRM)
This module centralizes all supplier data, enabling seamless onboarding, qualification, and risk assessment. It facilitates strategic collaboration with key suppliers to ensure compliance and drive innovation. The robust tools provide a 360-degree view of your supply base, ensuring you can actively manage performance, enforce corporate social responsibility policies, and mitigate third-party risks effectively.
Source-To-Contract (S2C)
S2C streamlines the strategic sourcing lifecycle, starting with spend analysis and moving through RFx management, auctions, and contract authoring. It allows procurement teams to identify savings opportunities and ensure best-value outcomes. The contract lifecycle management functionality maintains a complete audit trail and guarantees compliance with all internal and external regulatory requirements across the organization.
Procure-To-Pay (P2P)
The P2P solution digitalizes the requisitioning, ordering, and invoicing processes for improved efficiency and control. Users benefit from catalog management, self-service requisitioning, and automated three-way matching. By enforcing company policies and capturing all spend data digitally, this module reduces maverick spending, accelerates invoice processing times, and optimizes working capital.
Pros And Cons of Synertrade
Pros
Flexible collaboration enhances customization and partner communication efficiently
Open communication improves interaction with contact partners effectively
Extensive product customization allows tailored solutions for better experience
Flexible integrations support customization and streamline partner communication
Cons
Steep learning curve requires significant effort to achieve proficiency
Heavy maintenance negatively impacts usability and overall experience
Synertrade Reviews
Total 2 reviews
4
All reviews are from verified customers
Rating Distribution
5
Stars0%
4
Stars100%
3
Stars0%
2
Stars0%
1
Stars0%
Share your experience
Mid-Market, N/A employees
“Integrated supply chain suite”
Pros
What I like most is how the supply suite connects everything together. The S2C module gives me a lot of options and I can adjust things based on my needs. I also appreciate how it supports communication with partners which makes coordination smoother.
Cons
Using it hasn't felt very smooth for me and it also needs a lot of maintenance. Keeping everything running properly takes more effort than I expected.
Rating Distribution
Ease of use
9
Value for money
8
Customer Support
9
Functionality
8
Mid-Market, N/A employees
“Cost saving integration platform”
Pros
Saving costs has been a big benefit for me. The way it connects with enterprise systems and third-party apps helps improve efficiency across my work and I don't have to rely on multiple separate tools.
Cons
Setting it up was not simple in my case. It required careful planning and I also feel like it depends heavily on technology which can be a concern at times.
Rating Distribution
Ease of use
6
Value for money
9
Customer Support
9
Functionality
9
Frequently Asked Questions
What language does Synertrade software support?
Synertrade is a global platform that supports multiple languages to accommodate its international customer base. The website itself is available in English, French, German, Italian, and Spanish, indicating strong localization support within the software.
Who are the typical users of Synertrade software?
Typical users include Chief Procurement Officers (CPOs), procurement managers, category managers, buyers, accounts payable specialists, and internal stakeholders who initiate purchase requisitions. The system is primarily targeted at large-to-midsize enterprises globally.
Does Synertrade software have a mobile app?
The official website for Synertrade does not explicitly mention or explain a mobile app.
What level of support does Synertrade offer?
Synertrade offers comprehensive support services via a contact form only.
What other apps does Synertrade software integrate with?
The software supports integration with multiple systems and platforms, including Adobe Sign, HelloSign, DocuSign, and various financial tools, enabling seamless workflows and efficient data exchange across procurement and contract management processes.
Does Synertrade software offer an API?
Synertrade does not explicitly mention or explain API availability on its official website.
What types of pricing plans does Synertrade software offer?
Synertrade offers customized pricing plans typically based on a subscription model. The cost is calculated based on factors like the number of users, the specific Source-to-Pay modules selected, and the overall size of the client enterprise. Request a personalized Synertrade price quotation based on their unique business requirements.