Compare Odoo Purchase vs Fraxion Spend Management

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About Odoo Purchase

Easily manage your suppliers & purchase orders with the powerful, fully-integrated Odoo Purchase app!

Odoo Purchase allows companies to keep track of quotes, order statuses, quantity levels, and expected delivery dates. Save time by setting up custom reordering rules to automatically send RFQs and POs to your suppliers, based on your stock levels.

This intuitive app has procurement tools that help your business run as efficiently as possible, with less stock, and without any unforeseen stock-outs. Define stock levels, “Min-Max” stock quantities with re-ordering rules, sales forecasts, or automatic routes (Replenish on Order). You can also import any vendor’s pricelists/lead times, in order to stay up-to-date on the pricing of products and shipping timeframes.

In our latest version, users can manage internal purchase requests and generate RFQs from Approvals, compute margins correctly (even when products are configured with a FIFO costing method), and, if no vendor pricelist matches the purchase order line, they can use the cost of the product as the purchase price. Odoo 14 helps users know when they should request a credit note from a supplier, and also helps them complete it.

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, invoice approvals, and invoice batching.

  • 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

  • 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

Pricing

Subscription

$12.00
1 user(s) / month
Included in plan:
  • New customers get a discount on the initial number of users purchased.

FAQs

    Does this service integrate with any other apps?
  • Yes, it integrates perfectly with all of our applications.

  • What platforms does this service support?
  • All Odoo apps support Windows, Android and Cloud-Based.

  • Does this service offer multi-user capability (e.g. teams)?
  • As with all Odoo applications, you can choose the number of users you would like.

  • Does this service offer an API?
  • Yes, you can get a web-service API to access all your custom objects easily. No extra code required.

  • Who are the main user groups of this service?
  • Odoo works for any company that wants to grow/scale without being slowed down by their internal system. There is no time lost on database migration, Odoo offers great usability, and affordable plans for businesses of any size and industry.

  • What are some applications this service is commonly used in tandem with?
  • All Odoo applications can be perfectly integrated, and therefore function very well together.

  • Does this service offer guides, tutorials and or customer support?
  • Yes. Our Odoo experts are readily available to provide guidance and free demos of our products. We have an online chat, or you can contact our customer support service during business hours.

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

Vendor Information

Founded:
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Employees:
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Followers:
47.1k

Vendor Information

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

Other

Who uses Odoo Purchase
  • Freelance
  • Startups
  • SMEs
  • Agencies
  • Enterprises
Desktop Platforms:
  • Web App
  • Windows
Mobile Platforms:
  • Android
Languages:
Arabic, Bulgarian, Catalan, Czech, Danish, German, Greek, English, Estonian, Basque, Finnish, French, Hindi, Hebrew, Croatian, Indonesian, Italian, Japanese, Georgian, Korean, Latvian, Lithuanian, Macedonian, Dutch, Portuguese, Russian, Slovenian, Spanish, Thai, Vietnamese, Chinese
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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