Shlomi 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.