Fraxion and ZAGENO have announced a partnership to optimize procurement processes and drive savings for biotechnology companies. The collaboration integrates Fraxion's procure-to-pay automation with ZAGENO's AI-powered marketplace, offering streamlined access to over 40 million products from more than 5,300 suppliers. This integration enables biotechnology customers to compare offers, maximize cost savings, and enhance compliance with pre-negotiated discounts and consistent payment terms.
The partnership combines Fraxion's proactive spend controls with ZAGENO's expansive marketplace to improve efficiency and financial oversight. Biotechnology organizations can simplify their purchasing workflows while maintaining visibility and accountability across procurement processes. Stanton Jandrell, CEO of Fraxion emphasized, "This integration not only drives cost savings but also frees up valuable time by automating purchasing processes, enabling organizations to focus on research and innovation while maintaining full visibility and control over their spending. We're excited to deliver even more savings for our clients, ensuring each dollar spent goes further."
