SynerTrade Accelerate
Orchestrate your Source-to-Pay processes with a unified, intelligent platform.
Executive Summary
SynerTrade Accelerate is a comprehensive cloud-based digital procurement management solution designed for mid-sized to large businesses and enterprises. It offers a full suite of applications covering Source-to-Contract, Procure-to-Pay, and Supplier Relationship Management, enabling organizations to streamline procurement operations, maximize savings, ensure compliance, and enhance supplier collaboration through an integrated and fully digitized approach.
Use Cases
- Streamlining strategic sourcing and e-sourcing processes.
- Managing the entire contract lifecycle from creation to performance monitoring.
- Automating procure-to-pay processes including requisitions, purchase orders, and invoice monitoring.
- Enhancing supplier relationship management, onboarding, and performance evaluation.
- Optimizing spend management and gaining purchasing intelligence.
- Reducing supply chain risk and ensuring compliance with regulations.
Features
Visibility
- Spend Analytics: Leverages order and invoicing data to provide a deep and accurate view of spend coverage through multi-dimensional reports.
- Purchasing Intelligence: Optimizes purchasing and finance processes by providing a unified vision on procurement performance and its impact on results.
- Activity Dashboard: Offers a centralized dashboard for monitoring procurement activities and performance.
- Custom & Built-in Reports: Provides both custom and pre-configured business reports for detailed data and spend management.
Intelligence
- Advanced Bid Analysis & Awarding Scenarios: Analyzes vendor responses to tenders and supports decision-making based on advanced awarding scenarios.
- Automated Questionnaires & Workflows: Automates questionnaires and workflows for supplier onboarding, qualification, and performance evaluations.
- Supplier Risk Alerts: Provides alerts for supplier risks, helping businesses understand and reduce risk in the supply chain.
- AI-Assisted Ticket Management: Utilizes AI to assist with customer care and support ticket management, accelerating issue resolution.
Support
- 24/7 Customer Care Service: Offers round-the-clock customer care with professional experts to resolve technical issues.
- Comprehensive Training Options: Provides various training sessions including webinars, in-person training, documentation, and live online sessions.
- Dedicated Customer Success Managers (CSM): Assigns nominated consultants to advocate for customer requests and manage escalations.
Technical Specifications
- Architecture
- Cloud-based SaaS, All-in-one platform
- Deployment
- Cloud/SaaS
- Authentication
- SSO, SAML (inferred for enterprise SaaS)
- API Available
- No
- MCP Server
- No
AI/ML Stack
- Machine Learning
- AI
Integrations
- SAP
- Oracle
- Microsoft Dynamics
- Workday
- Salesforce
Security & Compliance
Certifications: ISO 9001, ISO 27001 (implied by Information Security), GDPR
Encryption: Not explicitly detailed, but expected for enterprise SaaS
Data Residency: EU/Global
Pricing
- Model
- Per user/month or yearly subscription, tiered based on business size
- Starting Price
- Starting at $50/user/month for small businesses; custom pricing for enterprises.
- Target Customer
- Mid-market to Enterprise
- Contract Type
- Monthly or Annual
- Free Trial
- No (credit card required)
About SynerTrade Accelerate
Synertrade is a global leader in digital procurement solutions, offering the comprehensive cloud-based platform Synertrade Accelerate, which covers the entire Source-to-Pay process. Founded in 1999, Synertrade provides a modular and customizable suite of tools for strategic sourcing, supplier relationship management, and e-procurement.