Procure-to-pay software for proactive spend management. Trusted by mid-size companies worldwide for purchasing, expense and AP automation with advanced spend analytics and reporting power. Our customers enjoy ease of use, mobile flexibility, and rely on the integration-ready platform to drive process efficiency and enable time and cost savings. Fraxion replaces manual, paper, email, and spreadsheet-based processes with easy, digital purchasing workflows, AP automation, and digital records that reduce the time, errors, and risk in procure-to-pay processes. The comprehensive suite includes: - Purchase requisitions & custom approvals - Budget & policy control - Purchase order automation - AP automation - Receiving, invoice matching & invoice approvals - Spend analytics, community insights & reporting - PunchOut & PunchIn - Internal Catalogs - Expense management - Mobile app: Expense management, Purchase requests, Purchase orders, real-time budgets, and invoice approvals - ERP / Accounting system/ Teams integration
“We were able to start with the system with only 10 users and it has easily scaled with us to almost 400. It’s allowed us to save at least 4-5 jobs in purchasing.”
“At Hotchkiss School, we receive various forms of funding, including endowments, which necessitate careful tracking and reporting. Fraxion plays a role in improving the visibility and management of these funds.”
“Highly recommended for simplicity, approval management and faster processes. Fraxion has saved us so much time in processing and we've replaced manual tasks and spreadsheets. We're able to keep our costs down and have the peace of mind that requests are getting the right approvals. Auditing has been smoother since implementing Fraxion. We get great support from the consultants as well. We're really happy with the system and get a good return on investment.”
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