Compare Fraxion and Spendwise - Jun 2022
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Bottom Line: Which is Better - Fraxion or Spendwise?
Fraxion is more expensive to implement (TCO) than Spendwise, and Spendwise is rated higher (88/100) than Fraxion (77/100). Fraxion offers users more features (8) than Spendwise (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. Spendwise
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 ...
Spendwise: Our plan is to offer a full suite of online software and other back office solutions to businesses across the World. We are proud of what we have accomplished so far, grateful for the opportunity we have to serve our customers, and are excited about the future!
Who is more expensive? Fraxion or Spendwise?
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 Spendwise.
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. Spendwise price starts at $9 per user/month , When comparing Spendwise to its competitors, the software is rated 2 - much lower than the average Procurement software cost.
Bottom line: Fraxion cost is around the same cost of Spendwise.
Which software includes more/better features?
We've compared Fraxion Vs. Spendwise 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.
Spendwise: We are still working to collect the list of features for Spendwise.
Target customer size
Fraxion's typical customers include: Small, medium and large size businesses, and Spendwise's target customer size include: Small, medium and large size businesses.
Compare specifications
Fraxion Specifications
ITQlick Score: | 77/100 |
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ITQlick Rating: |
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Pricing: | 2/10 - low cost |
Category: | Procurement -> Fraxion review |
Company: | Fraxion |
Pricing: | starts at $20 per user/month |
Typical customers: | Small, medium and large size businesses |
Platforms: | Desktop, Mobile, Cloud |
Links: | Fraxion review, Fraxion pricing, Fraxion alternatives |
Spendwise Specifications
ITQlick Score: | 88/100 |
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ITQlick Rating: |
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Pricing: | 2/10 - low cost |
Category: | Procurement -> Spendwise review |
Company: | Spendwise |
Pricing: | starts at $9 per user/month |
Typical customers: | Small, medium and large size businesses |
Platforms: | Cloud |
Links: | Spendwise review, Spendwise pricing, Spendwise alternatives |
Compare features
Fraxion: 8 Features
Spendwise: 0 Features
Auditor - Shlomi Lavi
Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.