Synertrade Accelerate is a digital procurement management solution that helps users manage the entire procurement process with a full set of flexible and scalable applications. Organizations can manage sourcing, contract lifecycle management, catalog management, invoice monitoring, supplier onboarding, collaboration, data management, and more. The solution also provides users with spend and purchasing intelligence, helping to optimize purchasing and finance processes.
Synertrade Accelerate is designed to help streamline the procurement process while maximizing savings and compliance, from initial phases such as strategic sourcing, to contract and vendor lifecycle management. Users are able to create tenders based on templates to collect bids from vendors around the world, analyze responses using advanced scenarios, and drive negotiations with vendors using Synertrade’s online auction feature.
Tools for procure to pay allow users to create and manage their product and services catalog, monitor invoices, and keep spend under control. Users can collect, process and approve purchase requisitions, create and track purchase orders, manage goods delivery, and proceed with payment. The catalog system includes a free form for purchase requests, as well as collaboration between suppliers and clients.
Supplier management features allow users to manage potential and strategic suppliers with a customizable supplier database, automated questionnaires and workflows for onboarding and qualifying new suppliers, performance evaluations, improvements plans, and more. Synertrade Accelerate enables users to collaborate with suppliers in any phase during the procurement process, and allows users to share supplier assessments and knowledge with the procurement community.
Purchasing intelligence helps organizations with data and spend management through to decision making via custom or pre-configured business reports which provide a unified vision on procurement performance. Accelerate also helps turn ideas into products with advanced project management and planning tools such as questionnaires, collaborative modifications, online document exchange, and more.
Software by SynerTradewww.synertrade.com