Shlomi Lavi /
Aug 15, 2022
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Bottom Line: Which is Better - Fraxion or Idu-Concept Software?
Idu-Concept Software is more expensive to implement (TCO) than Fraxion, and Idu-Concept Software is rated higher (81/100) than Fraxion (77/100). Idu-Concept Software offers users more features (12) than Fraxion (8).
Looking for the right Procurement solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:
Fraxion Vs. IDU
Fraxion: In todays economic climate, controlling your spend is not optional and all organisations put some focus into this area, but true world-class organisations (from SME to large corporates) differentiate themselves by how they use technology to improve productivity and drive down costs to outcompete their peers.
At Fraxion, our aim is to partner with ...
IDU: Established in 1998, idu was created by accountants and financial systems specialists to deliver smart software solutions for budgeting and financial reporting across all standard ERP and financial systems. Our flagship product, idu-Concept, is specifically designed to overcome issues that get in the way of effective budgeting, forecasting and repo...
Who is more expensive? Fraxion or Idu-Concept Software?
The real total cost of ownership (TCO) of Procurement software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Fraxion and Idu-Concept Software.
Fraxion price starts at $20 per user/month , On a scale between 1 to 10 Fraxion is rated 2, which is much lower than the average cost of Procurement software. Idu-Concept Software price starts at $50 per feature/month , When comparing Idu-Concept Software to its competitors, the software is rated 4 - lower than the average Procurement software cost.
Bottom line: Idu-Concept Software is more expensive than Fraxion.
Which software includes more/better features?
We've compared Fraxion Vs. Idu-Concept Software based on some of the most important and required Procurement features.
Fraxion: Budget & Expense Management, Fixed Asset Management, Spend Analysis, Supplier Risk Management, Procurement, PO: Purchase orders, Compliance , Contract Management.
Idu-Concept Software: Dashboard, Version Control, Balance Sheet, Budgeting & Forecasting, Financial reporting.
Target customer size
Fraxion's typical customers include: Small, medium and large size businesses, and Idu-Concept Software's target customer size include: SMBs.