VENDX by MavenVista VS Fraxion Spend Management

VENDX is a software solution that fits painlessly in your procurement organization. This tool very easily prioritizes the Negotiation and Control aspects of the purchase process while making sure that administrative tasks become easier and more thorough. VENDX is a valuable stand-alone tool, but just as smoothly integrates with your existing software environment.

You can be up and running with VENDX almost immediately since we need minimum implementation time and very minimal training for the user. Interestingly, to use VENDX your suppliers just require an email id & can start responding on VENDX from the day one most intuitively!

To aid the buying process we have:

Price Discovery Strategic Negotiation Landed Cost Computation Forward Auction Reverse Auction (On Landed Cost) Supplier Behavior Analytics Supplier Community Management

Most importantly, the VENDX platform can be operated from any part of the world 24X7X365. This significantly reduces the transaction backlog and enables speedy decision making!

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.