Compare Fraxion and True Sky - Jul 2022

Shlomi LaviShlomi Lavi / Jul 14, 2022

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Bottom Line: Which is Better - Fraxion or True Sky?

Fraxion is more expensive to implement (TCO) than True Sky, and True Sky is rated higher (82/100) than Fraxion (77/100). True Sky offers users more features (9) than Fraxion (8). There is a clear winner in this case and it is True Sky!

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. True Sky

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 ...

True Sky: True Sky CPM software simplifies the budgeting and forecasting process by providing real-time access to information, increased process control, tight security and great accuracy, helping the CFO: Align strategies and priorities Meet financial targets Adjust rapidly to market changes Avoid surprises Today, True Sky is helping companies cut th...

Who is more expensive? Fraxion or True Sky?

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 True Sky.

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. True Sky accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Fraxion is rated 2, which is much lower than the average cost of Procurement software.

Bottom line: Fraxion cost is around the same cost of True Sky.

Which software includes more/better features?

We've compared Fraxion Vs. True Sky 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.

True Sky: Version Control, Project Budgeting, "What If" Scenarios, Capital Asset Planning, Forecasting.

Target customer size

Fraxion's typical customers include: Small, medium and large size businesses, and True Sky's target customer size include: Small, medium and large size businesses.



Fraxion

ITQlick rating
(4.1/5)

starts at $20 per user/month

Fraxion is an award-winning cloud-based Budgeting-Forecasting software, it is designed to support small, medium and large size business. Fraxion received a rating of 4.1 from ITQlick team. The software cost is ...

Categories: Fixed Asset Management, Accounts Receivable, Distribution Purchasing & Procurement, Applicant Sources & Marketplace.

True Sky

ITQlick rating
(2.8/5)

True Sky is a cloud-based budgeting & CPM Software that enables managers to draw information for decision-making from a central data pool and determine approval flow throughout the hierarchy.

Categories: Budgeting & CPM, Financial consolidation, Capital Program Management, General Contractor, Project Forecasting.

Compare specifications

Compare features

Fraxion: 8 Features

Budget & Expense Management
Fixed Asset Management
Spend Analysis
Supplier Risk Management
Procurement
PO: Purchase orders
Compliance
Contract Management

True Sky: 9 Features

Version Control
Project Budgeting
"What If" Scenarios
Capital Asset Planning
Forecasting
Income Statements
Multi-Department / Project
Profit / Loss Statement
Budgeting & CPM
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Fraxion
ITQlick rating
4.1/5
Score
77/100
Pricing
3/10
License pricing
$20 per user/month
Functionality
19
Compare
True Sky
ITQlick rating
2.8/5
Score
82/100
Pricing
2.6/10
License pricing
Pricing not available
Functionality
14
Spendwise
ITQlick rating
4.5/5
Score
88/100
Pricing
2.4/10
License pricing
$9 per user/month
Functionality
8
Zycus
ITQlick rating
2.8/5
Score
85/100
Pricing
10/10
License pricing
$59 per user/month
Functionality
3
Review
eBuyerAssist
ITQlick rating
5/5
Score
82/100
Pricing
6/10
License pricing
$34.95 per user/month
Functionality
23

Auditor - Shlomi Lavi

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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.