Software Alternatives & Reviews

Fraxion Spend Management VS CobbleStone Software

Compare Fraxion Spend Management VS CobbleStone Software and see what are their differences

Fraxion Spend Management logo Fraxion Spend Management

Procure-to-pay software for proactive spend management

CobbleStone Software logo CobbleStone Software

Managing contracts just got easier with CobbleStone!
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  • Fraxion Spend Management Dashboard
    Dashboard //
    2023-12-18
  • Fraxion Spend Management Requisition to PO
    Requisition to PO //
    2023-12-18
  • Fraxion Spend Management Fraxion Insights
    Fraxion Insights //
    2023-12-18
  • Fraxion Spend Management Budget control
    Budget control //
    2023-12-18
  • Fraxion Spend Management PunchOut
    PunchOut //
    2023-12-18
  • Fraxion Spend Management Ap automation
    Ap automation //
    2024-03-05

Procure-to-pay software for proactive spend management. Automate purchasing, expense, and AP processes with complete visibility, analytics, and proactive control.

Trusted by mid-sized companies worldwide, Fraxion's user-friendly solution drives procurement efficiency and proactive spend management.

Effortlessly track, manage, and analyze spending for informed decision-making, complete spend visibility, and auditability. Guide your team's spending behavior, ensuring accountability and adherence to approved budgets and policies throughout your procurement process to reduce operational costs.

Fraxion's comprehensive procure-to-pay suite includes: Purchase requisitions & custom approvals Budget & policy control Purchase order automation AP automation Receiving, 3-way matching & invoice approvals Spend analytics, community insights & reporting PunchOut & PunchIn Internal Catalogs Expense management Mobile app ERP / Accounting system integration Empower your team to spend responsibly, wherever they are, with Fraxion.

  • CobbleStone Software Landing page
    Landing page //
    2021-08-16

CobbleStone Software provides award-winning contract management software (CLM) for thousands of users around the world. CobbleStone Contract Insight is a user-friendly contract lifecycle management software solution that automates and streamlines the entire contract process with artificial intelligence and natural language processing.

CobbleStone Software

$ Details
freemium $59.0 / Monthly (Unlimited contract storage)
Platforms
Windows Browser Android iOS Google Chrome Firefox Safari REST API Cloud iPhone Internet Explorer Chrome OS Windows Phone AWS .Net Edge Salesforce Azure ASP.NET API Web Mobile
Release Date
2010 August

Fraxion Spend Management features and specs

  • Purchase requisitions: Yes
  • Purchase orders: Yes
  • Internal controls (budget & policy) : Yes
  • Approval workflows: Yes
  • Vendor management: Yes
  • Catalog & PunchOut: Yes
  • Spend analytics: Yes
  • AP automation: Yes
  • Invoice management : Yes
  • Mobile: Yes
  • Expenses: Yes

CobbleStone Software features and specs

  • Contract Lifecycle Management: Yes
  • Contract management: Yes
  • Contract Analytics: Yes
  • Workflow Management: Yes
  • Workflow Automation: Yes
  • Artificial Intelligence: Yes
  • Document management: Yes
  • Document Signing: Yes
  • Document Storage: Yes
  • Document generation: Yes
  • Search Functionality: Yes
  • Search and Filtering: Yes
  • Reports & analytics: Yes
  • Spend Tracking: Yes
  • Alerts: Yes
  • Dashboards and Visualizations: Yes
  • User Permission Management: Yes
  • Electronic Signature: Yes
  • Integrations: Yes
  • OCR PDF: Yes
  • Optical Character Recognition: Yes
  • Templates: Yes
  • Collaboration Tools: Yes
  • Archiving: Yes
  • Full Text Search on Form Submissions: Yes
  • Compliance Management: Yes
  • Retention Period: yes
  • Version Control: Yes
  • Calendar: Yes
  • Salesforce Integration: Yes
  • Office 365 Integration: Yes
  • Bids and Budgets: Yes
  • RFP / RFQ portal: Yes
  • Vendor management: Yes
  • Supplier Management: Yes
  • Email notifications: Yes
  • Email Templates: Yes
  • Emailing: YES
  • Outlook Email Integration: Yes
  • Word to PDF: Yes
  • Microsoft Outlook Integration: Yes
  • Google Docs: Yes
  • OneDrive integration: Yes
  • Online Access: Yes
  • Mobile App: Yes
  • Mobile apps (iOS & Android): Yes
  • Mobile Friendly: Yes
  • Mobile responsive application: YES
  • Robotic Automation: Yes
  • Playbooks: Yes
  • Advanced reports and statistics: Yes
  • Advanced Search: Yes
  • Advanced Analytics: Yes
  • Supplier Purchase Orders & Bills: Yes
  • Messaging: Yes
  • Risk Management: Yes
  • Risk Reporting: Yes
  • Compliance tools: Yes
  • Milestone, Tasks: Yes
  • Milestone tracking: yes
  • Portal: Yes
  • Secure Data Storage: Yes
  • Secure Collaboration: Yes

Fraxion Spend Management videos

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CobbleStone Software videos

CobbleStone Contract Management Software CLM

More videos:

  • Tutorial - Contract Management Artificial Intelligence with VISDOM AI
  • Review - CobbleStone Software Electronic Signatures

Category Popularity

0-100% (relative to Fraxion Spend Management and CobbleStone Software)
Procurement And Purchasing
Contract Management
0 0%
100% 100
Small Business
100 100%
0% 0
Document Automation
0 0%
100% 100

Questions and Answers

As answered by people managing Fraxion Spend Management and CobbleStone Software.

What makes your product unique?

Fraxion Spend Management's answer

Fraxion Spend Management stands out for its comprehensive suite of features that seamlessly integrates purchasing, approvals, budget and policy controls, accounts payable automation, and insights. Its unique combination of user-friendly interfaces, mobile capabilities, and AI-enhanced spend analytics sets it apart, providing organizations with a powerful and intuitive solution to optimize their entire procurement process.

CobbleStone Software's answer:

CobbleStone provides a CLM solution that is highly configurable and user-friendly. On top of that, CobbleStone has over 20 years of experience successfully implementing contract management software.

How would you describe your primary audience?

CobbleStone Software's answer:

CobbleStone's primary users are legal teams, procurement teams, compliance teams, sales teams, and finance teams. Users from throughout the organization can request contracts and view status.

Which are the primary technologies used for building your product?

CobbleStone Software's answer:

CobbleStone Contract Insight is a web-based CLM application that can be accessed via desktop and native mobile app available on the Apple iOS and Android app stores. CobbleStone Contract Insight can be provided as a SaaS/cloud application or it can be installed on clients' server(s).

Why should a person choose your product over its competitors?

Fraxion Spend Management's answer

Choosing Fraxion Spend Management offers a distinct advantage due to its holistic approach to procurement. Unlike competitors, Fraxion doesn't just focus on one aspect; it provides an end-to-end solution covering purchasing, accounts payable, and spend analytics. Our solution excels at policy and budget management. The system's user-friendly design, extensive feature set, and continuous innovation make it the preferred choice for those seeking a comprehensive and efficient procurement management solution.

CobbleStone Software's answer:

CobbleStone Contract Insight is the preferred contract lifecycle management software solution for clients that want an easy-to-use system that has been selected by thousands of users worldwide.

What's the story behind your product?

CobbleStone Software's answer:

CobbleStone's mission is to provide the most advanced, cost-effective, and user-friendly contract and procurement management software applications that enable employees to do their best work.

Our software products and staff go above and beyond the expectations of each other and our clients. -We take a pledge to follow our Code of Conduct. -We take a pledge to respect our clients, our co-workers, our environment, and ourselves. -We strive to be successful by exemplifying sincerity, personal integrity, humility, courtesy, wisdom, and charity. -Our products and software solutions should continue to evolve to meet modern-day business needs.

CobbleStone Software has a proven track record providing contract management software with industry-leading flexibility and features designed to meet the unique needs of your organization. Our solutions are the result of millions of dollars of research and development, thousands of hours, client feedback, and industry "know-how". CobbleStone Contract Insight's® features set in the contract management software marketplace are unprecedented. It is about thinking long term, being responsive, and understanding the power of organization governance. We believe this is the right way to do business, and our satisfied customers would surely agree.

The need for our contract software solution began with a situation whereby a leading company violated an agreement and had to settle the dispute for over two million dollars. In that instance, our mission was created to help organizations avoid violations of agreements while providing a better solution to manage contracts & obligations.

Founded in 1995, CobbleStone was among the first and most experienced companies to offer a contract management software product, and we continue to be a leader with full contract lifecycle management and e-Procurement software.

Contact a CobbleStone Representative today to learn more!

For press inquiries and media relations, visit CobbleStone Software's press page at https://www.cobblestonesoftware.com/company/press.

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Fraxion Spend Management and CobbleStone Software

Fraxion Spend Management Reviews

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CobbleStone Software Reviews

  1. Makes our teams day to day Basis so much easier

    Before our team started to work with CobbleStone, we were heading on the wrong path. Especially due to COVID we were unorganized, not communicating well enough and it was an overall headache. CobbleStone customized the system exactly to what we needed for a day to day basis. CobbleStone is a highly underrated company which offers a highly scalable system and can accommodate to many needs. They are fully open to even developing new features to help your business even further.


Top 17 Best Contract Management Software for Small Business
Contract Management Software by CobbleStone provides advanced & user-friendly contract management & eSourcing solutions. Manage requests, approvals, authoring, compliance, reporting & more.
Source: cllax.com
12 Best Contract Management Software 2022
CobbleStone Contract Insight® Contract Management Software is an Enterprise CLM system selected by thousands of contract admin, legal, and procurement professionals. Contract Insight is backed by artificial intelligence and can automate and streamline the entire contract lifecycle with user-friendly features and administration. Take the stress out of contracts with easier...
11 Best Contract Lifecycle Management (CLM) Software (2022)
CobbleStone is a feature-rich CLM solution that includes an unlimited amount of contract storage space, e-signature compliance, and financial tracking. It also incorporates the VISDOM® AI system to analyze contracts originating from internal or external data and transform that data into building blocks for improved contract oversight, proactive opportunity identification,...
Source: whatfix.com

What are some alternatives?

When comparing Fraxion Spend Management and CobbleStone Software, you can also consider the following products

Ariba - Ariba is a software and information technology services platform providing companies with collaborative business commerce solutions.

Conga Contracts - Conga Contracts is management solution designed to accelerate and simplify contract negotiations in Salesforce.

Precoro - Precoro is a robust procure-to-pay system for your business. Automated purchasing, simple sourcing and spend analytics — all in one easy-to-use platform!

Juro - Juro is a contract automation platform that enables your team to create, execute and monitor routine contracts at scale without ever leaving the browser.

Procurify - Reinvent the way organizations spend to make the purchasing process more accessible, manageable and convenient.

ContractWorks - ContractWorks provides secure and easy-to-use contract management software that helps you gain control of your contracts.