Compare Zycus vs Fairmarkit vs Fraxion Spend Management

Zycus 13 Procurement	Fairmarkit 4 Procurement	Fraxion Spend Management 11 Procurement
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Crozscore 82% what is this? User Happiness: 72% Press Buzz: 46% User Trend: no significant changes	Crozscore 78% what is this? User Happiness: 90% Press Buzz: 42% User Trend: interest falling	Crozscore 82% what is this? User Happiness: 92% Press Buzz: 36% User Trend: interest falling
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About Zycus Zycus is a leading global provider of Generative AI-powered procurement solution suites across the Source-to-Pay cycle. Our product portfolio includes applications for strategic procurement, such as Spend Analysis, eSourcing, Contract Management, Supplier Management, Financial Savings Management, Project Management, and Request Management as well as operational procurement applications like eProcurement and eInvoicing. Our spirit of innovation and passion to help procurement create greater business impact is reflected in the hundreds of procurement solution deployments we have undertaken over the years. We are proud to have as our clients some of the best-of-breed companies across verticals such as Manufacturing, Automotive, Banking and Finance, Oil and Gas, Food Processing, Electronics, Telecommunications, Chemicals, Health and Pharma, Education, and more.	About Fairmarkit Fairmarkit is the intelligent sourcing platform that empowers organizations to more efficiently purchase the goods and services they need. By equipping procurement and supply-chain teams with automation and data, Fairmarkit promotes competitive bidding while reducing manual work within existing processes. Leveraged by innovative procurement departments across a number of industries, such as Univision, ServiceNow, and the MBTA, Fairmarkit aims to revolutionize the way organizations make purchases. Learn more at www.fairmarkit.com.	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 as they happen, snapshot receipts via the mobile app, submit requests wherever you are, and approve invoices or requests from anywhere. 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	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 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

FAQs Does this service offer guides, tutorials and or customer support? Yes Does this service offer multi-user capability (e.g. teams)? Yes Who are the main user groups of this service? SME's and Enterprises What is this service generally used for? Supplier management Catalog management Requisition Management Purchase Order Management Electronic Invoice Capture Payments & Discounting Strategic Sourcing Spend Analysis Project Management Contract Management Software Financial Savings Management Software Request Management Software Supplier Network What platforms does this service support? Web application	FAQs No FAQs 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
Vendor Information Founded: - Based in: - Employees: - Likes: Followers: 3.21k	Vendor Information Founded: - Based in: - Employees: - Likes: Followers: 612	Vendor Information Founded: - Based in: - Employees: - Likes: Followers: 737
Other Who uses Zycus SMEs Enterprises Desktop Platforms: Web App Languages: English, French, German Regional Restrictions: No restrictions.	Other Who uses Fairmarkit Enterprises Desktop Platforms: Web App Languages: English, French, Spanish, Chinese, Arabic, German, Dutch, Russian, Portuguese, Japanese 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.