Synertrade Reviews & Pricing

Key Features

Source-to-Contract

• 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. 

Procure-to-Pay

• Catalog Management: Create, maintain and import catalogs, and allow suppliers to change and update their catalogs. Includes workflows to approve changes and comparisons for articles and catalogs to view the differences in the existing catalog. 
• Purchase Requisitions: Optimize user experience by offering advanced search, flexible delivery, a customizable basket and more. Use punch-out catalogs to describe internal requirements and create purchase requests from catalog items. 
• Order and Receiving: Submit internal requests for approval, and on approval directly generate and send orders to suppliers. Download electronic order forms, confirm order shipments, request modifications and browse orders. Helps manage receipts, deliveries and the return of materials. 
• E-Invoicing: Manage invoices, integrate suppliers in the invoicing process and use three-way matching and contract compliance to identify gaps between orders, invoices and contracts. Allow end users to view invoice status, status of dispute and more on an intuitive dashboard. 
• P2P Intelligence: Analyze main indicators, view P2P data, customize, and export or broadcast reports. 

Supplier Management

• Onboarding: Control onboarding and offboarding of suppliers, tracking certificates and other documents. Includes a personalized self-service portal and the ability to approve or reject self-registering suppliers. 
• Supplier Enrichment: Use a supplier cleansing engine to access a consolidated supplier database with specific data on financial ratings, ownership, CSR ratings and more. View and browse data from external sources, and set up reports and KPIs. 
• Risk and Performance: Create and customize assessment questionnaires online, evaluate KPIs, assess performance, anticipate risks and measure compliance. Automatically create and renew assessment campaigns and analyze assessment results with the help of customized reports. 
• Continuous Improvement: Create, manage and follow a resolution plan, assigning tasks to internal team and suppliers. 
• SRM Intelligence: Browse SRM data, as well as customize and export or broadcast reports. 

Suite Support