SynerTrade 5
SynerTrade 5 is an API-connected procurement platform covering supplier onboarding through final invoicing.
What SynerTrade 5 is
SynerTrade 5 is an API-connected procurement platform covering supplier onboarding through final invoicing. Its Procure to Pay process centralizes budget planning, purchasing, and invoice handling. Applications include budget management, catalog management, eProcurement, and invoicing. Invoice tools automate validation and three-way matching, while purchasing workflows check contract and budget consumption and raise supplier risk alerts. The platform also supports receiving workflows, supplier portals, sourcing events, reverse auctions, bid comparison, and negotiation workflows. Listed AI uses include contract approval recommendations, certificate document extraction, real-time risk alerts, and contextual translations. SynerTrade describes integrations with ERP systems, financial platforms, and other enterprise applications through APIs and pre-built connectors, with SAP listed as a supported ERP. REST APIs support custom integrations. Security features include encryption, audits, GDPR and SOC 2 compliance, cyber risk monitoring, and multi-factor authentication. Pricing is usage-based and available on request.
Good
- Covers procurement through final invoicing
- Automated invoice validation and three-way matching
- Supplier portals and sourcing event tools
- REST APIs and pre-built connectors
- Multi-factor authentication and compliance measures
Watch out
- Pricing is available only on request
- Platform access is listed as API
- Usage-based pricing depends on volumes
Who it suits
It is intended for procurement and financial leaders and organizations managing purchasing across its lifecycle. API and connector support suits teams integrating procurement with ERP and finance systems.
Verdict
SynerTrade 5 covers planning, purchasing, supplier activity, invoicing, and spend controls in one procurement process. Its APIs, SAP support, workflow automation, and listed AI uses fit enterprise procurement environments, while pricing requires a request.
Plans and prices
From SynerTrade 5's own pricing page, checked 3 Oct 2026.
| Plan | Price | What it gives you |
|---|---|---|
| Synertrade 5 | Priced on request | Usage-based pricing · unlimited users · pricing based on usage volumes |
The facts
Each one read from SynerTrade 5's own pages, with the date it was checked.
What it does
- AI features
- Listed AI use cases include contract approval recommendations, certificate document extraction, real-time risk alerts, and contextual translations.checked 3 Oct 2026
- API
- The platform exposes REST APIs for connections to customer IT systems and custom integrations.checked 3 Oct 2026
- Integrations
- Synertrade describes integrations with leading ERP systems, financial platforms, and other enterprise applications through APIs and pre-built connectors.checked 3 Oct 2026
- Invoice processing
- The invoicing capability automates invoice validation and three-way matching.checked 3 Oct 2026
- P2P
- Its Procure to Pay offering covers budget planning, purchasing, and invoicing in a centralized digital process.checked 3 Oct 2026
- P2P features
- P2P applications include budget management, catalog management, eProcurement, and invoicing.checked 3 Oct 2026
- Product scope
- Synertrade 5 manages procurement from supplier onboarding through final invoicing.checked 3 Oct 2026
- Security
- Synertrade states that the platform uses enterprise-grade encryption, regular security audits, GDPR and SOC 2 compliance, cyber risk monitoring, and multi-factor authentication.checked 3 Oct 2026
- Spend controls
- The P2P platform supports automated workflows, contract and budget consumption checks, and supplier risk alerts during purchases.checked 3 Oct 2026
- Support
- Synertrade describes three support levels, including Level 3 access to product and engineering expertise, with resolution aligned to SLAs.checked 3 Oct 2026
- Who it is for
- Synertrade describes its platform as serving procurement and financial leaders and organizations managing procurement across the lifecycle.checked 3 Oct 2026
The company
- Company history
- Synertrade says it was founded in 2000.checked 3 Oct 2026
- Founded
- 2000checked 28 Sep 2026
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