Compare True Sky and Fraxion - Jul 2022

Shlomi LaviShlomi Lavi / Jul 14, 2022

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

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 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:

True Sky Vs. Fraxion

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...

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? True Sky 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 True Sky and Fraxion.

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

Which software includes more/better features?

We've compared True Sky Vs. Fraxion based on some of the most important and required Budgeting & CPM features.

True Sky: Version Control, Project Budgeting, "What If" Scenarios, Capital Asset Planning, Forecasting, Income Statements, Multi-Department / Project, Profit / Loss Statement.

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

Target customer size

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

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.

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, Compliance .

Compare specifications

Compare features

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

Fraxion: 8 Features

Budget & Expense Management
Fixed Asset Management
Spend Analysis
Supplier Risk Management
Procurement
PO: Purchase orders
Compliance
Contract Management
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
True Sky
ITQlick rating
2.8/5
Score
82/100
Pricing
2.6/10
License pricing
Pricing not available
Functionality
14
Compare
Fraxion
ITQlick rating
4.1/5
Score
77/100
Pricing
3/10
License pricing
$20 per user/month
Functionality
19
Workday ...
ITQlick rating
4.5/5
Score
94/100
Pricing
8/10
License pricing
$15,000 per license
Functionality
28
neubrain...
ITQlick rating
3.8/5
Score
92/100
Pricing
4/10
License pricing
$10,000 per license
Functionality
17
Budgyt
ITQlick rating
4.9/5
Score
89/100
Pricing
3/10
License pricing
$399 per month
Functionality
3
Review

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.