Software Alternatives & Reviews

SourceDay Procurement VS Fraxion Spend Management

Compare SourceDay Procurement VS Fraxion Spend Management and see what are their differences

SourceDay Procurement logo SourceDay Procurement

SourceDay is a modern supplier portal changing how companies work with suppliers. Manage POs, RFQ, invoices, and quality - all in one cloud solution.

Fraxion Spend Management logo Fraxion Spend Management

Procure-to-pay software for proactive spend management
  • SourceDay Procurement Landing page
    Landing page //
    2023-08-26
  • 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.

SourceDay Procurement features and specs

No features have been listed yet.

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

Category Popularity

0-100% (relative to SourceDay Procurement and Fraxion Spend Management)
Procurement And Purchasing
Accounting
45 45%
55% 55
Small Business
43 43%
57% 57
Supply Chain Management
100 100%
0% 0

Questions and Answers

As answered by people managing SourceDay Procurement and Fraxion Spend Management.

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.

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.

User comments

Share your experience with using SourceDay Procurement and Fraxion Spend Management. For example, how are they different and which one is better?
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Social recommendations and mentions

Based on our record, SourceDay Procurement seems to be more popular. It has been mentiond 1 time since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

SourceDay Procurement mentions (1)

  • Recommendations for 3rd Party Order Management System (OMS)
    This sounds like https://sourceday.com/ could help you. Source: about 1 year ago

Fraxion Spend Management mentions (0)

We have not tracked any mentions of Fraxion Spend Management yet. Tracking of Fraxion Spend Management recommendations started around Mar 2021.

What are some alternatives?

When comparing SourceDay Procurement and Fraxion Spend Management, you can also consider the following products

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

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

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!

ProcurementExpress - ProcurementExpress.com is a powerful, user-friendly online purchase order management system. End Your Wasted Spend. Simple. Fast & Effective.

Ivalua Procurement Solution - Our e-Procurement Software lets you track spend commitments against budget, send requests from any source, set up supplier alerts and stay on top of order fulfilment. See our website at Ivalua.

BuyerQuest - BuyerQuest is the cloud platform for buying at work. The only provider offering true one-stop shopping for goods and services for everyone in your organization. Join the procurement revolution.