Corcentric Source-to-Pay Platform vs. SAP Supplier Relationship Manager

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Corcentric Source-to-Pay Platform
Score 6.0 out of 10
N/A
The Corcentric Source-to-Pay Platform, including technology from the former Determine Selectica CPQ solution acquired by Corcentric in April 2019, is designed to provide a customizable CPQ solution to cover an enterprise's need to offer many possible permutations of combinations of product and service in a streamlined fashion.N/A
SAP Supplier Relationship Manager
Score 9.0 out of 10
N/A
SAP Supplier Relationship Manager is a solution combining procurement, catalog management and contract management.N/A
Pricing
Corcentric Source-to-Pay PlatformSAP Supplier Relationship Manager
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Corcentric Source-to-Pay PlatformSAP Supplier Relationship Manager
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
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Corcentric Source-to-Pay PlatformSAP Supplier Relationship Manager
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User Ratings
Corcentric Source-to-Pay PlatformSAP Supplier Relationship Manager
Likelihood to Recommend
5.0
(1 ratings)
9.0
(1 ratings)
Likelihood to Renew
5.0
(1 ratings)
-
(0 ratings)
User Testimonials
Corcentric Source-to-Pay PlatformSAP Supplier Relationship Manager
Likelihood to Recommend
Corcentric
It is well suited for applications which has centralized data system. For desperate databases, big performance hit could be unavoidable.Web based Sales solutions which could be easily unplugged from big infrastructure and to be used in field with no need of network connectivity or front office availability would be ideal candidates for CPQ
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SAP
SAP Supplier Relationship Manager is well suited wherever SAP ERP (like ECC , S/4HANA) is in use. It might not work well when ERP is not from SAP (mostly ERP for small customers like NETSUITE, APPTIO, CORTEX etc.). for smaller customers procurement software like Coupa would better fit compared to SAP Supplier Relationship Manager. For large customers (like fortune 500 companies) SAP-SRM would fit very well.
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Pros
Corcentric
  • Pricing engine is a big plus in CPQ.
  • The flex modeling supported in CPQ increases the model efficiency by eliminating unwanted options
  • Integrating external tools into selectica by exporting out xmls make it easier
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SAP
  • Bid Invitation
  • contract management
  • Live Auction
  • Invoicing
  • Shopping Cart
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Cons
Corcentric
  • Model builder's sluggishness.
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SAP
  • Integration with ERP other than SAP
  • Analytics
  • Languages support
  • Automation
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Likelihood to Renew
Corcentric
Unless CPQ is available on cloud or available as platform as service, I am less likely to consider it again. The initial cost involved is high and also the time required for that.
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SAP
No answers on this topic
Alternatives Considered
Corcentric
I used Saleslogix.
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SAP
Coupa is better suited for smaller organizations and can integrate well with non-SAP ERPs. It has more languages supported and good mobile interface. Coupa has good Analytics and ca integrate well with ERPs like netsuite, octa, salesforce, cortex etc. It can also well integrate with other software like Docusign and support multiple languages with easier custom development.
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Return on Investment
Corcentric
  • yes, faster lead conversion as Field sales team rely less on main office
  • reduced sales cycle.
  • Reduced Sales overheads, deal closure can happen at client location.
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SAP
  • efficiency in procurement function resulting lower TCO
  • Better relationship with suppliers
  • compliance management
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ScreenShots