Compare Fraxion and NetSuite - Apr 2024

Shlomi Lavi

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Bottom Line: Which is Better - Fraxion or NetSuite?

NetSuite is more expensive to implement (TCO) than Fraxion, and NetSuite is rated higher (100/100) than Fraxion (77/100). Fraxion offers users more features (8) than NetSuite (0).

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. Oracle

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 ...

Oracle: With more than 380,000 customers—including 100 of the Fortune 100—and with deployments across a wide variety of industries in more than 145 countries around the globe, Oracle offers an optimized and fully integrated stack of business hardware and software systems. Oracle engineers hardware and software to work together in the cloud and in your data...

Who is more expensive? Fraxion or NetSuite?

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 NetSuite.

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. NetSuite price starts at $99 per user/month + $999 per month for the platform fee , When comparing NetSuite to its competitors, the software is rated 6 - similar to the average Procurement software cost.

Bottom line: NetSuite is more expensive than Fraxion.

Which software includes more/better features?

We've compared Fraxion Vs. NetSuite 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.

NetSuite: We are still working to collect the list of features for NetSuite.

Target customer size

Fraxion's typical customers include: Small, medium and large size businesses, and NetSuite's target customer size include: Start up, Small business, Medium business, Large business.