Benefits and Insights

Why use Synertrade?

Key differentiators & advantages of Synertrade

  • Rich Set of Procurement Tools and Capabilities: Synertrade Accelerate provides a host of elaborate global and local procurement strategies that cater to the different procurement needs of a business or organization. Its dedicated web solutions help procurement executives manage the full source to contract cycle and help them achieve more savings while working faster and in a more efficient way while managers get to benefit from more visibility on the procurement activity and a higher contract compliance, from creating tenders quickly to setting up collaboration in contracts. 
  • Complete User Spending Control: Synertrade Accelerate also lets users control their spending through the built-in systems in place. Users can create and follow purchase orders in close collaboration with the internal requesters and vendors, as well as manage goods delivery, check invoices and payment thanks to its advanced BI reports. Contract compliance and budgets are ensured as well. It also lets them create their own web stores either by sharing catalogs imported by suppliers or by providing access to vendors’ online catalogs. 
  • Build Better Partnerships with Suppliers: Synertrade Accelerate helps improve the way users manage potential and strategic suppliers. From the onboarding process to the continuous improvement plans, it helps procurement organizations follow and drive every step of the relationship with suppliers. It makes use of automated flexible questionnaires and work-flows to onboard and qualify new suppliers, collect strategic and transaction information, and manage and follow performance evaluations, improvements plan, and incidents with built-in workflows.