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Description
Fratera is a procurement-focused platform that brings contract management, supplier relationships and business workflows into one workspace. Built for small and growing teams, it connects the agreement, the supplier and the people responsible for the next decision.
Keep contracts and supporting documents in a searchable repository, track renewal and notice deadlines, and manage approvals through delegation-of-authority rules. Send documents for electronic signature and retain the signed copies alongside the contract record. Configurable fields, sections and dropdowns let teams capture the information their organisation needs.
A shared supplier view brings together contracts, financial commitments, contacts, legal entities, risks, issues and quarterly business reviews. Negotiation tools help teams establish a baseline, compare successive offers and turn agreed items into a draft contract.
Build reusable workflows with forms, questionnaires, conditional steps, approvals and record updates. Assign work to individuals or groups, invite external suppliers to respond, and collect missing contract information from colleagues without granting access to the underlying records. My Work keeps outstanding actions together.
AI can extract contract details for review, answer questions about records and contract terms, and provide references to source documents. Proposed changes remain subject to human review.
Each customer has an isolated database, with regional hosting and granular access controls. Reports and recorded activity help teams understand commitments, prepare supplier discussions and trace decisions.
Readers, approvers and signers are unlimited and free, so participation can extend beyond the core procurement team.
Description
ISPnext brings Procurement and Finance together in a modular Source-to-Pay platform designed to create greater control and visibility across the entire process. Organisations can manage suppliers, sourcing activities, contracts, purchasing, invoices, spend data and procurement value within one connected environment.
The platform consists of Sourcing, Vendor Management, Contract Management, Procurement, AP Automation, Spend Analytics and Procurement Value Management. Organisations can implement individual solutions or combine multiple modules based on their priorities and existing technology landscape.
By connecting strategic and operational Source-to-Pay activities, ISPnext helps teams reduce manual work, improve transparency and make more informed decisions. The platform integrates with existing ERP environments, allowing organisations to optimise processes while retaining their core systems.
API Access
Has API
Yes
API Access
Has API
Yes
Integrations
Exact Globe+
No
Exact Online
No
IFS Ultimo
No
Infor LN
No
Infor M3
No
Infor SyteLine
No
JD Edwards EnterpriseOne
No
Microsoft Dynamics 365 Business Central
No
Microsoft Dynamics 365 Finance
No
SAP ECC
No
Integrations
Exact Globe+
Yes
Exact Online
Yes
IFS Ultimo
Yes
Infor LN
Yes
Infor M3
Yes
Infor SyteLine
Yes
JD Edwards EnterpriseOne
Yes
Microsoft Dynamics 365 Business Central
Yes
Microsoft Dynamics 365 Finance
Yes
SAP ECC
Yes
Pricing Details
4000$/year
Options per editor/procurement user sizing, possibility of monthly options.
Free Trial
Yes
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
Fratera s.r.o.
Founded
2026
Country
Czech Republic
Website
fratera.io
Vendor Details
Company Name
ISPnext
Founded
2000
Country
Netherlands
Website
www.ispnext.com/en/
Product Features
Contract Management
Buy Side (Suppliers)
Yes
Completion Tracking
Yes
Compliance Tracking
Yes
Contract Lifecycle Management
Yes
Electronic Signature
Yes
Full Text Search
Yes
Government Contracts
No
Pre-built Templates
No
Sell Side (Customers)
No
Specialty Contracts
No
Version Control
Yes
Workflow Management
Yes
Vendor Management
Audit Management
Yes
Contact Management
Yes
Customer Database
No
Self Service Portal
No
Supplier Master Data
Yes
Transaction History
No
Vendor Maintained Profiles
No
Vendor Managed Inventory
No
Vendor Performance Rating
No
Vendor Qualification Tracking
Yes
Product Features
Contract Management
Buy Side (Suppliers)
Yes
Completion Tracking
No
Compliance Tracking
Yes
Contract Lifecycle Management
Yes
Electronic Signature
Yes
Full Text Search
Yes
Government Contracts
No
Pre-built Templates
Yes
Sell Side (Customers)
No
Specialty Contracts
No
Version Control
No
Workflow Management
Yes
Procure to Pay
Billing & Invoicing
Yes
Budgeting / Forecasting
Yes
Compliance Management
Yes
Contract Lifecycle Management
Yes
Financial Reporting
No
Integration Management
Yes
Inventory Management
No
Order Management
No
Vendor Management
Yes
Procurement
Asset Management
No
Auction Management
No
Bid Management
No
Budget Management
Yes
Catalog Management
Yes
Contract Management
Yes
Inventory Management
No
Invoice Processing
Yes
PunchOut
Yes
Purchase Order Management
No
Receiving
Yes
Requisitions & Approvals
Yes
Sourcing Management
Yes
Spend Management
Yes
Supplier Management
Yes
Risk Management
Alerts/Notifications
Yes
Auditing
No
Business Process Control
No
Compliance Management
No
Corrective Actions (CAPA)
No
Dashboard
Yes
Exceptions Management
No
IT Risk Management
No
Internal Controls Management
No
Legal Risk Management
No
Mobile Access
No
Operational Risk Management
No
Predictive Analytics
No
Reputation Risk Management
No
Response Management
No
Risk Assessment
Yes
Spend Management
Approval Workflow
No
Budgeting / Forecasting
Yes
Expense Tracking
No
Multi-Currency
No
Prepaid Cards
No
Procurement Management
Yes
Receipt Management
No
Spend Analysis
Yes
Spend Control
Yes
Supplier Management
Yes
Vendor Management
Audit Management
Yes
Contact Management
Yes
Customer Database
No
Self Service Portal
Yes
Supplier Master Data
Yes
Transaction History
No
Vendor Maintained Profiles
Yes
Vendor Managed Inventory
No
Vendor Performance Rating
Yes
Vendor Qualification Tracking
Yes
