Compare Spendwise and Fraxion - Jun 2022

Shlomi Lavi

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .

Bottom Line: Which is Better - Spendwise or Fraxion?

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:

Spendwise Vs. Fraxion

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!

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? Spendwise or Fraxion?

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 Spendwise and Fraxion.

Spendwise price starts at $9 per user/month , On a scale between 1 to 10 Spendwise is rated 2, which is much lower than the average cost of Procurement 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 Procurement software cost.

Bottom line: Spendwise cost is around the same cost of Fraxion.

Which software includes more/better features?

We've compared Spendwise Vs. Fraxion based on some of the most important and required Procurement features.

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

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

Target customer size

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