# COVALYZE Software Pricing, Alternatives & More 2026 | Capterra

> With the help of Capterra, learn about COVALYZE Software - reviews, pricing plans, popular comparisons to other Procurement products and more.

Source: https://www.capterra.com/p/241440/COVALYZE

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# 

 COVALYZE Software Review 2026: Features, Reviews, Integrations, Pros & Cons

Last updated on March 13, 2026

Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team.

[Description](#description)[Use cases](#use-cases)[Alternatives](#alternatives)[Features](#features)[Pricing](#pricing)[Support](#support)[Reviews](#reviews)

COVALYZE

## What is COVALYZE?

COVALYZE optimizes your whole strategic procurement process - from demand management to RfP comparison. With COVALYZE you get a much better category data set including all technical business specification in a structured format. By combining detailed business specifications with supplier prices you will get new insights into your category data, e.g. what business features are driving the price in your category, how can I reduce article variants and many more .- Book a free demos session!

## What is COVALYZE used for?

[Procurement](https://www.capterra.com/procurement-software/)[Pricing Optimization](https://www.capterra.com/pricing-optimization-software/)[CPQ](https://www.capterra.com/cpq-software/)

Top alternative

Featured

Overall rating

Based on 6 user reviews

Reviews sentiment

Positive

\-

Neutral

\-

Negative

\-

Starting price

€750

Flat Rate, Per Month

Free trial  
available

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Do you work for COVALYZE?[Manage this product listing](https://digitalmarkets.gartner.com/get-listed/claim-bx?url=http://www.covalyze.com&name=COVALYZE)

## Compare with a popular alternative

Capterra selects software alternatives based on relevant features, verified user reviews and user interactions. Placement may be influenced by client status.

### COVALYZE

4.5 (6)

VS.

[4.5 (109)](https://www.capterra.com/p/136077/Tradogram/reviews/)

Starting Price

€750

Flat Rate, Per Month

Starting Price

$425

Other, Per Month

Free Trial

Free Version

Pricing Options

Free Trial

Free Version

Ease Of Use

4.7 (6)

Ease Of Use

4.5 (109)

Value For Money

4.0 (4)

Value For Money

4.6 (93)

Customer Service

4.8 (5)

Customer Service

4.5 (93)

## COVALYZE alternatives

[4.2 (1,291)](https://www.capterra.com/p/135618/Odoo/reviews/)

Starting price

$31.10

Per User, Per Month

[4.6 (26)](https://www.capterra.com/p/178763/Total-ETO/reviews/)

Starting price

$7500.00

Per User, Per Month

Highest Rated

[4.6 (1,420)](https://www.capterra.com/p/127994/Jobber/reviews/)

Starting price

$39.00

Per User, Per Month

[4.4 (3,269)](https://www.capterra.com/p/120109/Xero/reviews/)

Starting price

$25.00

Per User, Per Month

[View all alternatives](https://www.capterra.com/p/241440/COVALYZE/alternatives/)

## Features

Features with the highest number of reviews are displayed first. Those that have no reviews appear next, sorted alphabetically.

Catalog Management

4.0 (1)

100.00% of 1 reviewers that rated this feature as important or highly important

Create and manage digital catalog of products/services with their details, specifications, and price

Bills of Material

Material list of manufacturing parts and associated costs

Data Visualization

Graphical representation of data

Machine Learning

Enable businesses to implement machine learning algorithms on business data such as sales and revenue

Price and Cost Calculations

Calculate rule-based prices for a product/service

Price/Margin Management

Track and manage the profit margin between the cost of a product and its selling price.

COVALYZE 12 features

Material list of manufacturing parts and associated costs

Create and manage digital catalog of products/services with their details, specifications, and price

Graphical representation of data

Enable businesses to implement machine learning algorithms on business data such as sales and revenue

Calculate rule-based prices for a product/service

Track and manage the profit margin between the cost of a product and its selling price.

Customize the specifications of a finished product to meet the particular needs of a customer

Generate quotes or estimates for customers

Collection, analysis, and representation of numerical data and generation of reports to understand various patterns

It is a logic or a condition that executes business rules in a runtime production environment

Automate processes to manage leads, contacts, opportunities and sales activities

Configuration of custom product parts by using 2D &3D visualizations

Get Advice

We can help you find the software with the features you need.

Features

4.5 (6)

4.5

Based on 6 reviews

## Pricing

Value for money

4.0 (4)

Free Trial

Basic

€750.00

Flat Rate,Per Month

Value for money

4.0 (4)

4.0

Based on 4 reviews

Connect with a Capterra advisor for a free 15-minute consultation

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## Support, customer service and training options

Customer Service

4.8 (5)

Support

-   Email/Help Desk
-   FAQs/Forum
-   Knowledge Base
-   Phone Support
-   24/7 (Live rep)
-   Chat

Training

-   In Person
-   Live Online
-   Webinars
-   Documentation
-   Videos

Deployment

-   Web
-   Android
-   iPhone/iPad

Typical users

-   Freelancers
-   Small businesses
-   Mid size businesses
-   Enterprises

Customer Service

4.8 (5)

4.8

Based on 5 reviews

## User reviews

Overall rating

4.5

Based on 6 reviews

Filter by rating

5(3)

4(3)

3(0)

2(0)

1(0)

Mentioned topic

Sorted by most recent

ND

Nadine D.

Global Commodity Manager

Consumer Electronics

### "Dyson MCU "

5.0

Overall Rating

5.0

5.0

Ease of Use

5.0

5.0

Features

5.0

5.0

Customer Service

4.0

4.0

Likelihood to Recommend

8/10

April 4, 2022

very profession, friendly and helpful having several rounds of discussions with our engineering teams to fully customise to our specific requirements

Pros

easy to interact with and visual for extracting key information quickly

Cons

the low frequency at which the market data is refreshed

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

Response from Vendor

April 5, 2022

Thanks a lot for your feedback and your suggestion for a higher frequency on updating additional market data - we will work on that!

HG

Hans Gero Wei Han H.

Strategischer Einkäufer

Printing

### "Interessanter, erstaunlich tiefer Einblick ins Materialportfolio"

4.0

Overall Rating

4.0

4.0

Ease of Use

5.0

5.0

Features

4.0

4.0

Customer Service

5.0

5.0

Likelihood to Recommend

8/10

March 31, 2022

Bestätigung von Bauchgefühlen zu Warengruppe.

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.

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

JC

Jolene C.

Global Commodity Manager

Consumer Electronics

### "Good cost regression software."

4.0

Overall Rating

4.0

4.0

Ease of Use

4.0

4.0

Features

4.0

4.0

Customer Service

5.0

5.0

Likelihood to Recommend

7/10

March 31, 2022

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/

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

AU

Anonymous User

Global Commodity Team Lead

Consumer Goods

### "Great Commodity Insights"

5.0

Overall Rating

5.0

5.0

Ease of Use

4.0

4.0

Features

5.0

5.0

Customer Service

5.0

5.0

Likelihood to Recommend

9/10

March 30, 2022

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.

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.

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

JP

Johnson P.

Lead Procurement Engineer

Consumer Electronics

### "Great Price vs Performance Tool for any Procurement Department"

5.0

Overall Rating

5.0

5.0

Ease of Use

5.0

5.0

Features

5.0

5.0

Customer Service

5.0

5.0

Likelihood to Recommend

8/10

March 15, 2022

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.

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.

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

JK

Jonathan K.

Lead Procurement Engineer

Consumer Electronics

### "Useful Platform for Assessing Cost"

4.0

Overall Rating

4.0

4.0

Ease of Use

5.0

5.0

Features

4.0

4.0

Customer Service

0.0

0.0

Likelihood to Recommend

8/10

March 14, 2022

Useful platform which for the most part clearly picks out valuable insights from lots of data.

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)

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

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