One of the largest issues facing procurement today is its reputation. Historically speaking, procurement was essentially a back office and was therefore traditionally viewed as a necessary evil. Processing purchase orders and keeping the lights on were some of the things done in this role. This has created a challenge for the supply chain function because Supply Chain Disruptions, ESG obligations, Geopolitical unpredictability and the constant demand to “do more with less” are pushing procurement into either a strategic function or a liability.
Synertrade has created a solution specifically designed to support strategic procurement.
Founded in 2000, Synertrade has been building procurement technology for 25 years that supports the change in how procurement operates. What began with e-sourcing tools has now evolved into Synertrade 5 (launched in 2025), a fully integrated source-to-pay platform that supports the entire procurement lifecycle.
The supplier onboarding process, supplier qualification, sourcing, contracting, purchasing, and invoicing are all handled via a single platform that encompasses a unified supplier database.
The system will automate up to 80% of the purchasing function and is reported to shorten the procurement cycle times by as much as 40%.
The platform consists of three primary modules: Source to Contract enables spend analysis, procurement planning, RFx management, supplier auctions, and complete contract management, providing a view of the entire contract cycle, including AI-generated summaries, clause library and DocuSign for electronic signatures.
Procure to Pay provides catalog management, requisitioning, automatic approval process workflows, budget compliance and supplier collaboration through the invoicing process.
Supplier Relationship Management is a key component of both modules, providing Procurement teams with real time visibility into supplier risk, financial stability, ESG compliance, cyber security at all stages of decision-making.
Twenty-five years in this industry teach you one thing above everything else…procurement teams don’t need more data. They need clarity. Synertrade 5 was designed to offer that clarity and help people with the confidence to act.— Laurent Jeanmaire, CEO
Synertrade 5 was created with the goal of providing clarity to its users by utilizing an interface that is based on user roles. The benefit of using a role-based view is that it simplifies the process for end-users by only exposing them to the information that they need, and thus eliminating much of the complexity associated with enterprise applications, which reduces their adoption rates.
The Synertrade platform is also no-code, which means purchasers do not have to rely on IT departments to configure workflows, manage approvals, or create reports. Their pricing model allows clients to charge based on how much they use their products (rather than charging by each user). This will provide organizations with a way to justify using procure-to-pay software when previously they avoided utilizing this type of software due to costly licensing fees for each user.
Synertrade performs its deployment services itself, and does not use third-party integrators. Service teams are stationed in France, Germany, Italy, the USA, and India.
The rationale behind this approach is simple; there is one less level of translation between what the client requires and how the software gets deployed when the provider builds the application as well as deploys it.
The platform connects to ERP systems through an API framework and pre-built connectors, and a middleware layer handles interoperability across a client’s broader data ecosystem.
The client relationships tend to run long. Metro, the global wholesale retailer, has worked with Synertrade since 2008, nearly two decades of co-development that moved its sourcing operations from spreadsheet-driven workflows to a data-powered platform.
OBI, the European DIY retail chain, has used Synertrade for more than 15 years for standardized, auditable tendering. Auchan uses the platform’s SRM module alongside Altares financial risk intelligence to make supplier risk assessment a standard part of procurement decisions rather than an occasional review.
These are procurement partnerships that have run through multiple platform generations, organizational changes, and shifts in what procurement is actually being asked to do.
Overall, Synertrade’s journey has always revolved around what comes next, and with the momentum it has built, there is plenty more ground left to cover.