Coupa Procurement vs Tradogram

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Our analysts compared Coupa Procurement vs Tradogram based on data from our 400+ point analysis of Procurement Software, user reviews and our own crowdsourced data from our free software selection platform.

Product Basics

Coupa Procurement aims to bring the ease of consumer shopping to daily processes. With a focus on attaining full visibility, control and management of expenses, it can streamline and optimize time-intensive tasks. Key features include budget tracking, spend management, fraud detection and purchase requisitions.

Its modern design makes adoption across an entire business easy, while visibility features provide valuable information regarding demand and planning. Simple purchase requisitions and order processes are trackable in real time as well.
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Tradogram is a comprehensive procurement management software designed to streamline and enhance the procurement process for businesses of all sizes. It is particularly well-suited for organizations looking to gain better control over their spending, improve supplier relationships, and automate procurement tasks. One of the key benefits of using Tradogram is its ability to provide users with a clear and detailed view of their procurement activities, enabling more informed decision-making. The software boasts popular features such as purchase order management, supplier management, and spend analysis, which collectively contribute to a more efficient and cost-effective procurement process. When compared to similar products, users often highlight Tradogram's user-friendly interface and the flexibility it offers in customizing the platform to meet specific business needs. Pricing considerations for Tradogram typically involve a range that accommodates various business sizes, with payment options that may include monthly or annual subscriptions, ensuring that businesses can select a plan that best fits their budget and procurement volume.
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$2,500 Monthly
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$168 Monthly, Freemium
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Product Assistance

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Product Insights

  • Gain Spend Visibility: Maximize pre-approved spend and gain valuable visibility into the entirety of the purchase-to-pay process. 
  • Maximize Spend Usage: Track purchase requisitions and order processes in real time to maximize pre-approved spend usage. 
  • Easy to Adopt: A modern design and easy-to-access list of features and tools make adoption easy for procurement teams and suppliers. 
  • Save Time: Adoption of a company-wide procurement system gives an enhanced environment to simplify tedious tasks and boost efficiency. 
  • Minimize Errors: Reduce human errors by leveraging tools within the system while cutting down on resources spent fixing input errors. 
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  • Cost Reduction: Tradogram helps businesses significantly reduce costs by streamlining procurement processes, enabling better negotiation with suppliers, and minimizing unnecessary purchases through improved spend visibility.
  • Enhanced Spend Visibility: It offers comprehensive insights into company spending patterns, allowing for more informed decision-making and strategic financial planning.
  • Supplier Management: Simplifies the management of supplier information, performance, and relationships, ensuring that businesses can easily access and evaluate critical data to make better sourcing decisions.
  • Process Efficiency: Automates routine procurement tasks, from requisition to purchase order creation, reducing manual errors and freeing up staff time for more strategic activities.
  • Compliance and Control: Enforces compliance with company purchasing policies and external regulations, minimizing the risk of fraud and ensuring financial integrity.
  • Scalability: Adapts to the growing needs of a business, supporting everything from basic procurement operations to complex, multi-layered processes without the need for significant changes to the system infrastructure.
  • Collaboration Improvement: Facilitates better communication and collaboration between departments and with suppliers, streamlining the procurement process and improving overall operational efficiency.
  • Risk Management: Helps identify and mitigate risks associated with supplier reliability and contract compliance, protecting the business from potential disruptions and financial losses.
  • Data-Driven Decisions: Provides actionable insights through detailed analytics and reporting features, enabling businesses to make data-driven decisions that improve procurement outcomes.
  • Customization and Flexibility: Offers a high degree of customization to fit the unique needs of each business, ensuring that the software can adapt to various procurement strategies and processes.
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  • Purchase Requisitions: Helpful tools guide users through their buying processes while bringing preferred products to the surface. Also offers alerts to show discounts and other advantageous terms. 
  • Open Buy Shopping: Coupa Open Buy provides a centralized area for price comparison across all suppliers. Both punchouts and hosted catalogs are included. 
  • SOW-Based Spend Management: Flexible forms provide guidance through the process of entering the correct data for SOW-based processes. Also supports submitting work details and timesheets online to track performance. 
  • Budget Tracking: Manage budgets in real-time to get a better idea of spending impact before purchases are approved. Budget meters included in real-time dashboards help track spend. 
  • Fraud Detection: Spend Guard uses AI and machine learning to help detect fraud and errors across the entirety of spending. 
  • Faster Approvals: Leverage mobile and email-based tools to boost approval speed. Everyone involved in approval can check purchase requisition status and approve or reject it anywhere on an internet-enabled device. 
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  • Multi-Level Management: Access a flexible, intuitive and personalized multi-level management tool that helps connect different departments across various locations all under one roof. Configure a collaborative administration dashboard to create and categorize departments and manage and track workflows while granting access levels to managers and users. 
  • User Permissions: Delegate user roles with customizable permissions granting personalized access to a dashboard. Automate reports, enable notification alerts, and manage and review purchase orders. Verify account details and confirm orders before setting up automated integrations for the accounts payable process. 
  • Supplier List: Create, categorize and organize a master supplier list within a centralized database. Onboard suppliers without an existing account and evaluate their performances based on supplier ratings. 
  • Catalog: Create, import, organize and track orders based on an item master list for a streamlined workflow. Manage databases, add external items and first-time item orders during order creation, and link shopping carts using punch-out enabled technology. 
  • Approval: Eliminate irregular expenditures by configuring a customizable hierarchical approval workflow. Enable instant automatic notification alerts for approvals and exempt specific users from certain approval rules. 
  • Budget: Create budget levels and track company-wide expenditures, allowing visibility on all levels. Categorize budgets, manage project costs and limit excessive purchases by enabling automated notifications. 
  • Inventory: Track stock levels, set up reorder threshold points and create purchase orders for requisition orders. Update inventory by booking in received stock. 
  • Report Builder: Access an intuitive UI that helps generate customizable reports based on items, suppliers, locations, purchase order categories, document types and more. Automatically compile reports to help track orders at every stage. Analyze and access complete spend visibility in real time while granting limited control to each member to review spend reports. 
  • Requisitions: Create multi-purpose requisitions which can be routed through supervisors for approval before getting turned into purchase orders. Access and track order requirements from a single, centralized dashboard. 
  • Purchase Orders: Create, track, manage and set order approvals for purchase orders to limit extra spending and maximize procurement control. Access a centralized database and use filtered searches to gain full visibility and sort through orders based on required preference. 
  • Requests: Add item details from an external list or database and save request forms in both RFQ and RFP formats. Create and track single-format requests to suppliers in real time. 
  • Delivery Tracking: Organize delivery details, keep track of delivered orders and update them in the system automatically. Enable notifications in case of delayed delivery to maintain transparency between vendors and suppliers. 
  • Invoices: Create, match and sync multiple invoice entries to ensure a three-way match for all orders. Integrate with accounting software, like Oracle and QuickBooks, to incorporate general ledger details in the invoice process. 
  • Expenses: Draft and create expense reports while making customizable approval workflows in an expenditure tracking database. 
  • Contracts: Plan, create, store and manage various contracts to minimize expenses. Use filtered searches to sort and track based on expiry date, category, supplier, location and more. 
  • Instant Messaging: Enable notifications to access real-time responses and streamline communication within a unified database. Allow live collaboration between users and suppliers before finally passing it off for approval. 
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Product Ranking

#14

among all
Procurement Software

#71

among all
Procurement Software

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Analyst Rating Summary

88
79
88
75
70
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100
83
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Dashboard and Reporting
Mobile Capabilities
Platform Capabilities
Platform Security
Product Catalog
Mobile Capabilities
Platform Capabilities
Sourcing
Requisitions
Purchase Orders Management

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Coupa Procurement
Tradogram
+ Add Product + Add Product
Budget Management Contract Management Dashboard And Reporting Invoice Management Mobile Capabilities Native Integration And Extensibility Platform Capabilities Product Catalog Purchase Orders Management Receiving And Inventory Management Requisitions Sourcing Spend Management Supplier Management 88 70 100 67 100 90 100 100 83 77 97 100 100 99 75 70 83 54 100 75 100 77 90 69 92 100 77 85 0 25 50 75 100
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

33%
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User Sentiment Summary

Great User Sentiment 1250 reviews
Excellent User Sentiment 61 reviews
88%
of users recommend this product

Coupa Procurement has a 'great' User Satisfaction Rating of 88% when considering 1250 user reviews from 5 recognized software review sites.

90%
of users recommend this product

Tradogram has a 'excellent' User Satisfaction Rating of 90% when considering 61 user reviews from 2 recognized software review sites.

4.1 (14)
5.0 (4)
4.2 (403)
n/a
4.2 (85)
4.48 (57)
4.7 (632)
n/a
3.8 (116)
n/a

Awards

SelectHub research analysts have evaluated Coupa Procurement and concluded it earns best-in-class honors for Mobile Capabilities, Product Catalog, Requisitions and Spend Management.

Mobile Capabilities Award
Product Catalog Award
Requisitions Award
Spend Management Award

SelectHub research analysts have evaluated Tradogram and concluded it earns best-in-class honors for Mobile Capabilities. Tradogram stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award
Mobile Capabilities Award

Synopsis of User Ratings and Reviews

Purchase Orders: It’s easy to manage large purchase orders and search for vendors, according to all users mentioning this feature.
Invoices: It’s easy to file and submit invoices for suppliers in the experience of all the reviewers referring to this feature.
Tracking: Tracking purchases, shipments, expenses and pending approvals is simple, according to all reviews referring to this aspect.
Reporting: Every review about reporting agrees the tools make it easy to quickly create, save and access reports from mobile phones and desktops.
Manage Expense: The solution helps tabulate expenses and keep them transparent, according to all the reviewers referencing this aspect.
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Streamlined Sourcing: Tradogram simplifies the sourcing process by automating tasks like vendor discovery and RFx management, saving procurement teams valuable time and effort.
Enhanced Visibility: The platform provides real-time insights into spending patterns and supplier performance, enabling data-driven decision-making and improved cost control.
Collaboration & Communication: Tradogram fosters collaboration between procurement teams and suppliers through a centralized communication hub, streamlining negotiations and contract management.
Risk Mitigation: The platform's risk management tools help identify and mitigate potential supply chain disruptions, ensuring business continuity.
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Usability: More than 60% of users mentioning this issue feel that the system is less intuitive, making it difficult to use and navigate.
Training: Training is not specified to job roles, as all the reviews mentioning this feature note.
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Limited Customization: Tradogram's pre-configured modules might not fully align with the unique workflows and approval processes of every organization, potentially leading to inefficiencies or workarounds.
Learning Curve: The platform's extensive features and functionalities could present a steep learning curve for new users, requiring additional time and resources for training and onboarding.
Integrations: Seamless integration with existing ERP or financial systems might require additional configuration or development effort, potentially impacting implementation timelines and costs.
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Coupa Procurement receives consistent praise for its user-friendly interface, making it easy for teams to adopt and navigate. The platform's comprehensive features, including purchase order management, supplier catalogs, and contract management, streamline procurement processes and save valuable time. Coupa Procurement's real-time tracking of purchases and shipments enhances visibility and control over spending. However, some users note that navigation can be challenging initially and express a desire for more role-specific training resources. Additionally, while Coupa Procurement offers reporting capabilities, some users find them to be less extensive than desired, particularly for complex data analysis needs. Coupa Procurement stands out with its focus on ease of use and comprehensive spend management tools. It simplifies procurement tasks, making it an attractive option for businesses seeking greater control and visibility over their expenditures. The platform's ability to track purchases, shipments, and invoices in real time provides valuable insights for data-driven decision-making. Coupa Procurement is particularly well-suited for companies handling numerous purchase orders and invoices, as it streamlines these processes and enhances efficiency. Its expense management and reporting features further cater to businesses requiring detailed financial oversight.

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Tradogram, a comprehensive procurement software solution, has attracted considerable attention in the market. Users frequently highlight its user-friendly interface and intuitive design, enabling effortless navigation and quick adoption for teams. The platform's robust reporting and analytics capabilities empower users with valuable insights into spending patterns, supplier performance, and overall procurement efficiency. This data-driven approach facilitates informed decision-making and optimization of procurement processes. Additionally, Tradogram's seamless integration with various enterprise resource planning (ERP) and accounting systems streamlines data flow and eliminates manual data entry, saving time and reducing errors. While Tradogram offers numerous advantages, some users note that its customization options could be more extensive to cater to specific industry or organizational needs. Furthermore, the initial setup and configuration process may require some technical expertise, potentially posing challenges for users with limited IT resources. Despite these considerations, Tradogram's strengths in user experience, reporting, and integration make it a compelling choice for businesses seeking to enhance their procurement operations. The software is particularly well-suited for mid-sized to large organizations with established procurement processes and a desire to leverage technology for greater efficiency and cost savings. Its ability to centralize procurement data, automate tasks, and provide actionable insights empowers procurement teams to make strategic decisions and optimize their supply chain management.

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Screenshots

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