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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
Noventia tools provide a streamlined approach to managing sourcing, supplier relationships, and contracts, catering to businesses of all sizes across various industries. Designed for ease of use, these tools are delivered online as a Software as a Service, ensuring accessibility from any location with internet access. The sourcing team's collected data is seamlessly integrated into the company's virtual workspace, allowing authorized members to access and utilize this information efficiently. Centralized in one location, essential supplier data can be directly obtained from suppliers, updated by the sourcing team, or integrated from other systems. This solution offers a comprehensive overview of the supplier base's status, enabling organizations to monitor compliance and foster partnerships effectively according to their specific needs and metrics. Furthermore, the flexibility of the tools allows companies to adapt and scale their supplier management processes as their business evolves.
API Access
Has API
Yes
API Access
Has API
No
Integrations
No details available.
Integrations
No details available.
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
Yes
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
No
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
Fratera s.r.o.
Founded
2026
Country
Czech Republic
Website
fratera.io
Vendor Details
Company Name
Noventia
Country
Finland
Website
noventia.fi/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
Auction
Absentee Bidding
No
Alerts/Notifications
No
Bid Management
Yes
Billing & Invoicing
No
Buy Now Option
No
Dutch Auction
Yes
Inventory Management
No
Live Auction
Yes
Membership Management
No
Nonprofit / Fundraising
No
Online Auction
Yes
Online Bidding
Yes
Online Ticket Sales
No
Proxy Bidding
Yes
Reverse Bidding
Yes
Silent Auction
No
Watch List
No
Website Management
No
White Label
No
Contract Management
Buy Side (Suppliers)
No
Completion Tracking
No
Compliance Tracking
No
Contract Lifecycle Management
No
Electronic Signature
No
Full Text Search
No
Government Contracts
No
Pre-built Templates
No
Sell Side (Customers)
No
Specialty Contracts
No
Version Control
No
Workflow Management
No
Sourcing
Auction Management
Yes
Budget Management
No
Collaboration
No
Global Sourcing Management
No
Rfx Management
Yes
Spend Management
No
Supplier Management
Yes
Supplier Qualification
Yes
Supplier Risk Management
Yes
Supplier Web Portal
No
Template Management
Yes
Supply Chain Management
Demand Planning
No
Electronic Data Interchange
No
Import / Export Management
No
Inventory Management
No
Order Fulfillment
No
Order Management
No
Sales & Operations Planning
No
Shipping Management
No
Supplier Management
No
Transportation Management
No
Warehouse Management
No
