Source: yahoo-finance

This powerful integration seamlessly connects Fraxion’s efficient, compliant procure-to-pay automation with ZAGENO’s expansive marketplace via PunchOut, providing users with a streamlined procurement experience. With access to over 40 million products from more than 5,300 global suppliers in one place, ZAGENO’s marketplace will deliver unmatched value to Fraxion’s biotechnology customers.

“Partnering with ZAGENO is a significant milestone in empowering our biotechnology clients to streamline procurement and manage spending more effectively,” said Stanton Jandrell, CEO of Fraxion. “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.”

Jim Spang, Director of Business Development & Strategic Partnerships at ZAGENO, added, “With ZAGENO, you only need to manage one supplier, while accessing thousands of brands with consistent payment terms. Fraxion clients will enjoy discounted access to our marketplace, and we’ll honor any existing discounts available through direct relationships or group purchasing programs.”