Compare Fraxion Spend Management vs Zycus Source to Pay

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About Fraxion Spend Management

Fraxion provides best-in-class procure-to-pay software for proactive spend management.
The leading solution is trusted by mid-market companies worldwide to automate procure-to-pay processes, guide and inform purchasing decisions, and provide complete spend visibility to achieve time and cost savings.
Fraxion's user-friendly solution simplifies the way you buy, claim, and approve requests, with web and mobile app-enabled efficiency.

  • Streamline requisition-to-purchase order processes, automate PO generation from approved requests, email POs directly from the system, and submit and approve change orders.

  • Capture expenses and they happen, snapshot receipts via the mobile app, submit and approve requests wherever you are. Ensure policies are adhered to and fast-track reimbursements.

  • View real-time budgets at decision points and review the impact of spend before it is incurred. Analyze and report on spend by supplier, employee, and budget, and gain transactional spending insights with Fraxion's advanced spend analytics and reporting tools.

  • Streamline AP processes with AI-powered AP automation, invoice matching, and invoice approvals.

  • Ensure compliance with spending policies - alerts and notifications flag potential risks. Detailed audit trails provide complete spend transparency and improve auditability.

  • Centralize and simplify purchasing with approved vendors via PunchOut catalog integration or internal catalogs, while leveraging requisitioning, approval workflows and automated PO generation capabilities in Fraxion.

Fraxion is effective as a standalone procure-to-pay solution or integrated with ERP and accounting solutions.

About Zycus Source to Pay

Zycus: Redefining Procurement Excellence with AI-Powered Source-to-Pay Suite. As a frontrunner in the procurement domain, Zycus is revolutionizing the landscape with its Generative AI-powered Source-to-Pay suite, designed to enhance procurement efficiency and strategic insights across its fully integrated modules. Our organically developed suite encompasses eProcurement, eInvoicing, Spend Analysis, eSourcing, Contract Management, Supplier Management, Financial Savings Management, Project Management, and Request Management, making Zycus a holistic solution for modern procurement needs.

  • *AI-Driven Procurement Innovation: *Unleash unparalleled efficiency with AI-enhanced processes, from automated invoicing to intelligent spend analytics, all within a single suite.

  • Comprehensive Procurement Solution: Experience seamless management of the entire procurement lifecycle, supported by Zycus' integrated modules tailored to empower procurement professionals.

  • Trusted by Industry Leaders: Renowned organizations such as AmeriHealth, Crown Resorts, and Heineken rely on Zycus to elevate their procurement strategies and achieve operational excellence.

  • Strategic Decision-Making Enabled: Leveraging generative AI, Zycus transforms data into actionable insights, setting new standards for informed, strategic decision-making in the digital age.

Partner with Zycus to navigate the complexities of modern procurement with ease and precision. Embrace the future of procurement with *Zycus' AI-powered Source-to-Pay suite *and join the ranks of leading companies redefining procurement excellence.

Features

  • Accounts Payable
  • API
  • Data Export
  • Data Import
  • Expense Tracking
  • External Integrations
  • Inventory Tracking
  • Multi-User
  • Notifications
  • Supplier Management
  • Shipping Management
  • Order management
  • SAP Integration

Features

  • Accounts Payable
  • API
  • Data Export
  • Data Import
  • Expense Tracking
  • External Integrations
  • Inventory Tracking
  • Multi-User
  • Notifications
  • Supplier Management
  • Shipping Management
  • Order management
  • SAP Integration

Summary

  • Requisition-to-purchase order and flexible approval workflows

  • Supplier management, Vendor PunchOut and Catalog purchasing

  • Expense management and Travel

  • Budget control and real-time insights

  • Audit trails

  • Policy compliance

  • Spend analysis and reporting

  • AP automation, invoice matching and approvals

  • Community analytics and insights

  • Intuitive and easy to use via web and mobile application

Summary

    No key features associated with this application.

FAQs

    Does this service offer an API?
  • Yes

  • What is this service generally used for?
  • Procurement
    Purchasing
    Spend Management
    eProcurement
    Procure-to-pay
    AP automation
    Spend Analysis
    PunchOut & PunchIn
    Catalog Procurement
    Travel & Expense Management

  • Who are the main user groups of this service?
  • Mid-size organizations with manual, email, spreadsheet and paper-based processes, broad supplier bases with no discounting or negotiated terms, spend visibility is lacking, compliance is poorly enforced & control is retroactive. Remote and hybrid working models.

  • Does this service integrate with any other apps?
  • Acumatica
    QuickBooks Online and Desktop
    Sage Intacct, 100, 200, 300
    Microsoft Dynamics GP, NAV, Business Central
    Xero
    NetSuite

  • What are some applications this service is commonly used in tandem with?
  • Accounting systems
    ERP systems

  • Does this service offer guides, tutorials and or customer support?
  • Yes

FAQs

    Who are the main user groups of this service?
  • Zycus is a global provider of Source-to-Pay procurement solutions and is fit for organizations looking for easy-to-use, innovative solutions to manage operational and strategic aspects of procurement.

  • Does this service offer guides, tutorials and or customer support?
  • Yes

  • Does this service offer multi-user capability (e.g. teams)?
  • Yes

  • What is this service generally used for?
  • Zycus is vertical agnostic & provides procurement solutions to companies across various verticals like Manufacturing, Automotive, BFSI, Oil and Gas, Food Processing, Electronics, Telecommunications, etc

Vendor Information

Founded:
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Followers:
737

Vendor Information

Founded:
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Based in:
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Employees:
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Likes:
Followers:
3.21k

Other

Who uses Fraxion Spend Management
  • SMEs
  • Enterprises
Desktop Platforms:
  • Web App
Mobile Platforms:
  • iOS
  • Android
Languages:
English
Regional Restrictions:
No restrictions.

Other

Who uses Zycus Source to Pay
  • SMEs
  • Enterprises
Desktop Platforms:
  • Web App
Languages:
English, Chinese, Dutch, French, German, Portuguese, Spanish
Regional Restrictions:
No restrictions.
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