Compare GEP SMART vs Fraxion Spend Management

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About GEP SMART

GEP SMART is a unified procurement software platform built for procurement professionals. Drive greater efficiency and performance with a comprehensive procurement solution designed to streamline and automate all your source-to-pay processes.

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.

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

    No key features associated with this application.

Summary

  • Requisition-to-purchase order and flexible approval workflows

  • Invoice approval and 3-way matching

  • 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

  • In app alerts, email notifications and document uploads

  • Intuitive and easy to use via web and mobile application

FAQs

    No FAQs associated with this application.

FAQs

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

  • 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

Vendor Information

Founded:
-
Based in:
-
Employees:
-
Likes:
Followers:
18k

Vendor Information

Founded:
-
Based in:
-
Employees:
-
Likes:
Followers:
737

Other

Who uses GEP SMART
  • Enterprises
Desktop Platforms:
  • Web App
  • Windows
Mobile Platforms:
  • iOS
Languages:
English
Regional Restrictions:
No restrictions.

Other

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