Compare Idu-Concept Software and Fraxion - Aug 2022

Shlomi Lavi

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Bottom Line: Which is Better - Idu-Concept Software or Fraxion?

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 Budgeting & CPM 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:

IDU Vs. Fraxion

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...

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 ...

Who is more expensive? Idu-Concept Software or Fraxion?

The real total cost of ownership (TCO) of Budgeting & CPM 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 Idu-Concept Software and Fraxion.

Idu-Concept Software price starts at $50 per feature/month , On a scale between 1 to 10 Idu-Concept Software is rated 4, which is lower than the average cost of Budgeting & CPM software. Fraxion price starts at $20 per user/month , When comparing Fraxion to its competitors, the software is rated 2 - much lower than the average Budgeting & CPM software cost.

Bottom line: Idu-Concept Software is more expensive than Fraxion.

Which software includes more/better features?

We've compared Idu-Concept Software Vs. Fraxion based on some of the most important and required Budgeting & CPM features.

Idu-Concept Software: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Dashboard, Version Control, Balance Sheet, Budgeting & Forecasting, Financial reporting, Predictive-Analysis, Project Management, Business performance management.

Fraxion: Budget & Expense Management, Fixed Asset Management, Spend Analysis, Supplier Risk Management, Procurement.

Target customer size

Idu-Concept Software's typical customers include: SMBs, and Fraxion's target customer size include: Small, medium and large size businesses.