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News # Fraxion recognized by Gartner Digital Markets as a leading software solution [Judy Clarke](https://www.fraxion.biz/blog/author/judy-clarke) Oct 31, 2024 ![Fraxion recognized as a leading software solution by Gartner Digital Markets](https://www.fraxion.biz/hubfs/Blog%20image%201%20%282%29.png) We’re excited to announce that [Fraxion](https://www.capterra.com/p/83439/Fraxion-Spend-Management/?utm_source=vp&utm_medium=blog&utm_campaign=ts-q4-2024) has once again been recognized by Gartner Digital Markets in Capterra’s Shortlist and Software Advice’s FrontRunner reports. These accolades highlight Fraxion as a leading software solution in the spend management and expense management categories. Ongoing recognition in these flagship reports is a testament to the value we continue to deliver to our customers. ## What is Gartner Digital Markets? Gartner Digital Markets is the world’s leading platform for sourcing software and services. More than 100 million people visit Capterra, GetApp, Software Advice, and UpCity across over 70 localized sites every year to read objective research and verified customer reviews that help them confidently choose the right software and services. Thousands of B2B companies work with [Gartner Digital Markets](https://www.gartner.com/en/digital-markets) to build their brands, capture buyer demand, and grow their businesses. ## What is Capterra’s Shortlist? Capterra, a leading software review and selection platform, recognizes the top-performing solutions in their [Shortlist](https://www.capterra.com/spend-management-software/shortlist/?utm_source=vp&utm_medium=blog&utm_campaign=ts-q4-2024), highlighting software that excels in both user satisfaction and market presence. Through a rigorous data-driven methodology, products must demonstrate exceptional performance in two key metrics: user ratings from authentic customer reviews and popularity scores based on online search activity, review volume, and presence across Gartner Digital Markets. Being named in Capterra's Shortlist places a solution among the top 7% of products in its category, signaling to potential buyers that it has proven its value through real customer success and established market presence, particularly in business-critical areas such as spend management and expense reporting. ![Spend management software ](https://www.fraxion.biz/hs-fs/hubfs/images.png?width=254&height=198&name=images.png) ## What is a Software Advice FrontRunner? Software Advice is a trusted, objective resource for software buyers. A [Software Advice FrontRunner](https://www.softwareadvice.com/scm/spend-management-comparison/#frontrunners?utm_source=vp&utm_medium=blog&utm_campaign=ts-q4-2024) is a prestigious designation awarded to top-performing software solutions that have demonstrated excellence in both user satisfaction and market presence. Based on actual customer reviews and market data, this recognition identifies leading software products that consistently deliver value to their users. FrontRunners are determined through a comprehensive evaluation of user ratings, product adoption rates, and vendor growth metrics, helping businesses quickly identify trusted and reliable software solutions in specific categories. This accolade serves as a valuable indicator for organizations seeking proven software that meets their needs and maintains a strong track record of customer success. ![Spend management software](https://www.fraxion.biz/hs-fs/hubfs/sa-frontrunners-2024.webp?width=198&height=210&name=sa-frontrunners-2024.webp) ## Fraxion’s objectives We are honored to be recognized as a FrontRunner by Software Advice and to be featured on Capterra's prestigious Shortlist in the spend management and expense report categories. This recognition reflects our commitment to excellence and validates our focus on delivering exceptional value to our customers. We remain dedicated to enhancing our platform's user experience and developing innovative features that drive our customers' success. We engineer solutions that empower finance teams to manage the procurement function by establishing easy, informed, and accountable spending processes company-wide. ## Looking ahead While 2024 has been a remarkable year, we're not stopping here. As we look forward to 2025, we remain committed to evolving and enhancing Fraxion to better serve our customers' needs. We’re excited about the opportunities ahead and can't wait to continue growing alongside our users. If you would like to learn more about Fraxion or see our top-rated features in action, [book a demo now](https://www.fraxion.biz/get-a-demo). --- Disclaimer: The Gartner Digital Markets badges from Capterra and Software Advice are trademarks and service marks of Gartner, Inc. and/or its affiliates are used herein with permission. All rights reserved. Gartner Digital Markets badges constitute the subjective opinions of individual end-user reviews, ratings, and data applied against a documented methodology; they neither represent the views of nor constitute an endorsement by, Gartner, Inc. or its affiliates. [News](https://www.fraxion.biz/blog/tag/news) News ## Similar posts Expense management ### Expense reporting: Lessons learned from leading Fortune 500s Here are four lessons you can learn from the way leading Fortune 500s manage expense reporting. Stanton Jandrell May 28, 2026 News ### Fraxion recognized in the Capterra Shortlist 2023 for Spend Management Fraxion recognized in the Capterra Shortlist 2023 for Spend Management Software. Click to read more about the accolade and scoring methodology. Nina Toscani Jul 11, 2023 News ### Fraxion named a FrontRunner in Software Advice's Expense Report software category 2023 Fraxion featured as a FrontRunner in Software Advice's recent flagship report for top Expense Report Software 2023. Nina Toscani Aug 21, 2023 ### Subscribe for updates and spend management insights Get our latest content, updates, and how-to resources delivered to your inbox. ## See how Fraxion enables complete spend visibility and control Book a demo to see how Fraxion can assist your organization. [Book a demo](https://www.fraxion.biz/get-a-demo) ![Fraxion invoice approval on a laptop and the mobile dashboard on a phone](https://www.fraxion.biz/hs-fs/hubfs/website%20rebrand%202026/blog/blog-cta-laptop-phone.webp?width=1296&height=810&name=blog-cta-laptop-phone.webp)