Fraxion vs. Workday Strategic Sourcing

Fraxion

Workday Strategic Sourcing

16 Reviews and Ratings

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
Fraxion	N/A	Mid-Size Companies (51-1,000 employees)	Fraxion in Seattle offers spend management and procure-to-pay software solutions. Fraxion e (formerly eRequester) is designed to simplify and streamline spend management. On-premise or hosted, the solution gives users the tools to control and optimize business spend. Standalone or integrated with an accounting system/ERP, Fraxion Prime proactively manages requisition-to-purchase order processes, approvals, expense management, procurement processes, and spend analysis.	$4,788 per year
Workday Strategic Sourcing	Score7.9 out of 10	N/A	Workday Strategic Sourcing supports procurement by automating source-to-contract processes, from project intake to supplier management, and by surfacing contract obligations. It leverages Workday AI to provide insights and conversational tools that help teams identify savings opportunities and mitigate supplier risk.	N/A

Pricing

Fraxion

Workday Strategic Sourcing

Small Business (10-25 Employees): from $399
per month (billed annually)
Mid-size business (25-100) employees: from $749
per month (billed annually)
Large business (100+ employees): Contact Sales

No answers on this topic

Pricing Offerings
Fraxion	Workday Strategic Sourcing
Free Trial
No	No
Free/Freemium Version
No	No
Premium Consulting/Integration Services
No	No

No setup fee

No setup fee

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User Ratings
	Fraxion	Workday Strategic Sourcing
Likelihood to Recommend	- (0 ratings)	9.1 (2 ratings)

User Testimonials
	Fraxion	Workday Strategic Sourcing
Likelihood to Recommend	Fraxion No answers on this topic	Workday Scout RP is wonderful to help keep an RFP very organized. It is excellent to have a single version, so that all team members helping compile an RFP response have a single place to know that they are on the current version. If a company doesn't want to respond within Scout RFP, it's my understanding that the RFP information can be exported from Scout RFP, compiled in a different tool (like XLS), and then pulled back into Scout RFP for submission. From a collaboration standpoint, there's not an easy way to "assign" questions or items. Sometimes at my company, we need different experts to answer different questions. We have to use another tool, like email or Slack, to let that person know he/she needs to answer. However, in other tools, a certain block can be assigned to the person internally within the tool. Incentivized Verified User Read full review
Pros	Fraxion No answers on this topic	Workday Contract Pipeline Contract Management Supplier Onboarding Incentivized Verified User Read full review
Cons	Fraxion No answers on this topic	Workday No way to flag where I need an internal colleague to review or add to an answer No way to assign items to an internal team member for that person to answer a question No status bar of the remaining items not yet answered Incentivized Verified User Read full review
Alternatives Considered	Fraxion No answers on this topic	Workday I have only used RFPIO to facilitate searching for RFP answers. I have used Scout RFP only to respond to customer RFPs. I assume they have functional overlap, but my interactions with each have not included this functional overlap. For each tool's respective use, I have found them very simple, intuitive, and helpful. Incentivized Verified User Read full review
Return on Investment	Fraxion No answers on this topic	Workday Contract Management has saved a ton of time and energy Reporting has been helpful Spend management has improved over time Incentivized Verified User Read full review
ScreenShots	Fraxion Screenshots	Workday Strategic Sourcing Screenshots