# COVALYZE Software Reviews, Demo & Pricing - 2026 > Review of COVALYZE Software: system overview, features, price and cost information. Get free demos and compare to similar programs. Source: https://www.softwareadvice.com/scm/covalyze-profile --- [Home](https://www.softwareadvice.com/) / [Procurement Software](https://www.softwareadvice.com/scm/procurement-software-comparison/) / COVALYZE Software Advice offers objective insights based on verified user reviews and independent product and market research. When our advisors match you to a software provider, we may earn a referral fee. Overview # COVALYZE 2026: Benefits, Features & Pricing Wondering if COVALYZE is right for your organization? Our Procurement Software selection experts can help you in 15 minutes or less. On this page - Overview - User Interface - Popular Alternatives - Pricing and Plans - Features - User Reviews ## Overview COVALYZE 4.5 [(6)](https://www.softwareadvice.com/scm/covalyze-profile/#reviews) Pricing Starting at €750.00 per month ### About COVALYZE COVALYZE is easy to use and makes procurement experts more efficient and effective in conducting complex supplier negotiations. No matter if you purchase material or services, COVALYZE is the right tool for you: - you need valid price benchmarks for an existing article? - you need reliable target price calculations for new article? - you want to reduce too expensive article variants? - you need a solid savings estimation for a complete category? - you want professional online trainings for your users? Book a free demo session! Wondering if COVALYZE is right for your organization? Our Procurement Software selection experts can help you in 15 minutes or less. ## COVALYZE User Interface ## Popular COVALYZE Alternatives Main Product COVALYZE 4.5 [(6)](https://www.softwareadvice.com/scm/covalyze-profile/#reviews) Ratings Breakdown - 4.67Ease of use - 4.0Value for money - 4.80Customer support - 4.50Functionality Pricing Starting at €750.00 per month Get Price Alternative Product [Tradogram](https://www.softwareadvice.com/scm/tradogram-profile/) 4.5 [(109)](https://www.softwareadvice.com/scm/tradogram-profile/reviews/) Ratings Breakdown - 4.50Ease of use - 4.59Value for money - 4.55Customer support - 4.26Functionality Pricing Starting at $425.00 per month Get Price Alternative Product [Odoo](https://www.softwareadvice.com/crm/odoo-profile/) 4.2 [(1311)](https://www.softwareadvice.com/crm/odoo-profile/reviews/) Ratings Breakdown - 4.04Ease of use - 4.09Value for money - 3.87Customer support - 4.17Functionality Pricing Starting at $31.10 per month Get Price Alternative Product [Total ETO](https://www.softwareadvice.com/manufacturing/total-eto-profile/) 4.6 [(26)](https://www.softwareadvice.com/manufacturing/total-eto-profile/reviews/) Ratings Breakdown - 4.54Ease of use - 4.74Value for money - 4.73Customer support - 4.42Functionality Pricing Starting at $7500.00 per year Get Price Alternative Product [HAL ERP](https://www.softwareadvice.com/accounting/hal-business-success-profile/) 4.6 [(36)](https://www.softwareadvice.com/accounting/hal-business-success-profile/reviews/) Ratings Breakdown - 4.75Ease of use - 4.61Value for money - 4.81Customer support - 4.53Functionality Pricing Starting at $1999.00 per year Get Price Alternative Product [Sage 100](https://www.softwareadvice.com/distribution/sage-100cloud-profile/) 4.1 [(402)](https://www.softwareadvice.com/distribution/sage-100cloud-profile/reviews/) Ratings Breakdown - 3.92Ease of use - 3.79Value for money - 3.78Customer support - 3.94Functionality Pricing Available upon request Get Price ## COVALYZE Pricing and Plans Starting price: €750.00 per month Free Trial Free Version Basic €750.00 flat rate, per month No plan information available Confused about pricing? We've got you covered. Get a personalized pricing breakdown tailored to your specific needs—no guesswork, no generic estimates. ## COVALYZE Features - Popular features found in Procurement Budgeting/Forecasting Catalog Management Contract/License Management Inventory Management Invoice Processing Purchase Order Management Sourcing Management Spend Management Vendor Management - More features of COVALYZE Bills of Material Data Visualization Machine Learning Price and Cost Calculations Price/Margin Management Product Configurator Quotes/Estimates Reporting & Statistics Rules Engine Sales Automation Visual Configuration ## COVALYZE User Reviews Overall Rating 4.5 Ratings Breakdown 5 50% 4 50% 3 0% 2 0% 1 0% Secondary Ratings Ease of Use 4.7 Value for money 4.0 Customer support 4.8 Functionality 4.5 Have you used COVALYZE and would like to share your experience with others? VR Verified Reviewer Consumer Goods 10000+ employees Used monthly for less than 2 years Reviewed March 2022 Great Commodity Insights 5 Covalyze enabled a robust and objective insight into several cost outliers, further supporting the related supplier negotiation and resulting savings. Throughout our data-heavy commodity area, Covalyze help us to clearly identify areas of focus, through slick data regression methods. Ratings Breakdown 4 Ease of use 5 Customer support 5 Functionality Pros: This really enabled me and the team to efficiently interpret significant amounts of cost data, saving time and energy on analysis, and allowing us to better focus on those targeted savings opportunities. Cons: I would have preferred more ability to manipulate data further, but access and ability to export is limited. Read More JP Johnson P. Verified reviewer Consumer Electronics 1001-5000 employees Used monthly for less than 2 years Reviewed March 2022 Great Price vs Performance Tool for any Procurement Department 5 It was a wonderful collaborative experience working with Covalyze to onboard commodities and pioneer the Price vs Performance Regression analysis methodology at Dyson. It has helped Commodity Managers develop another benchmarking tool to support negotiation preparation, enabling them to realise over $2M savings across 10+ commodities. Ratings Breakdown 5 Ease of use 5 Value for money 5 Customer support 5 Functionality Pros: Covalyze uses a sophisticated and well-developed regression methodology to develop a "price calculator" for commodity costing. The user-friendly interface helps Commodity Managers identify price outliers very easily to address with suppliers and makes progressive steps into developing a commodity cost calculator in alignment with actual commodity cost structures. The software helps to identify potential savings from consolidating spends across similar parts and different suppliers, which highlights and outlines Procurement's priorities for annual negotiations Cons: The onboarding process requires a deep commodity understanding of the performance and cost drivers in order to develop an accurate price formula before valuable and accurate insights can be extracted. Fortunately, the Covalyze team is experienced in asking the right questions and have technical expertise/background to develop this with the client. Read More JC Jolene C. Verified reviewer Consumer Electronics 5001-10000 employees Used monthly for less than 12 months Reviewed March 2022 Good cost regression software. 4 Ratings Breakdown 4 Ease of use 3 Value for money 5 Customer support 4 Functionality Pros: Covalyze has managed to break down a simple component and put a value to the technical characteristic that the component should cost. Although different manufacturer do have different manufacturing processes that ends up with different prices, it is still a good baseline to understand if we are paying at the market price. Cons: Covalyze should improve on the download feature so that we can easily download the information that we require for the models that we required/ Read More ND Nadine D. Verified reviewer Consumer Electronics 10000+ employees Used monthly for more than 2 years Reviewed April 2022 Dyson MCU 5 very profession, friendly and helpful having several rounds of discussions with our engineering teams to fully customise to our specific requirements Ratings Breakdown 5 Ease of use 4 Value for money 4 Customer support 5 Functionality Pros: easy to interact with and visual for extracting key information quickly Cons: the low frequency at which the market data is refreshed Vendor Response Thanks a lot for your feedback and your suggestion for a higher frequency on updating additional market data - we will work on that! Replied April 2022 Read More HH Hans Gero Wei Han H. Verified reviewer Printing 1001-5000 employees Used weekly for less than 12 months Reviewed March 2022 Interessanter, erstaunlich tiefer Einblick ins Materialportfolio 4 Bestätigung von Bauchgefühlen zu Warengruppe. Ratings Breakdown 5 Ease of use 4 Value for money 5 Customer support 4 Functionality Pros: Darstellung von Einsparpotenzialen. Automatische Clusterung. Aufzeigen von Gaps in Daten. Gute Präsentierbarkeit um Potenziale sichtbar zu machen. Cons: Lernkurve in der Vergleichbarkeit von Materialfeatures. Weiterhin viel manueller Aufwand notwendig. Read More JK Jonathan K. Verified reviewer Consumer Electronics 10000+ employees Used monthly for less than 6 months Reviewed March 2022 Useful Platform for Assessing Cost 4 Useful platform which for the most part clearly picks out valuable insights from lots of data. Ratings Breakdown 5 Ease of use 4 Functionality Pros: The ability to identify cost drivers across an range of parts is helpful, allowing this data to be used to influence engineering teams to mitigate cost where possible. Also helpful is the identification of saving potential, allowing you to prioritise cost down activities where you know there is a lot of opportunity. Cons: Due to the high amount of data, it's not always clear in the feature overview section what the units are referring to (Units, Volts, mm, Suppliers, for example) Read More Showing 1 - 6 of 6 Reviews ## Other Top Recommended Procurement Software [NetSuite](https://www.softwareadvice.com/accounting/netsuite-financials-accounting-software-profile/) **4.2** (2045) Recently recommended **55** times [SAP S/4HANA Cloud](https://www.softwareadvice.com/accounting/sap-s-4hana-cloud-profile/) **4.3** (358) Recently recommended **31** times [Tradogram](https://www.softwareadvice.com/scm/tradogram-profile/) **4.5** (109) Recently recommended **16** times [Agiloft](https://www.softwareadvice.com/crm/agiloft-profile/) **4.8** (38) Recently recommended **15** times Stuck Between Options? Our experts can help you compare COVALYZE with other top options, so you can find the best fit for your needs. ## See what companies are saying about Software Advice