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
"As OSN has grown across the MENA region, Fraxion Spend Management has proven to be a system that easily integrates new operations with the central business office. Fraxion facilitates a simple approval process that allows the business to move swiftly in the marketplace, whilst providing OSN with the ability to maintain the internal control s needed across our widespread international locations."
“Fraxion gives me more transparency, so I can see everything I need to see. I don’t have to check up on people. So it definitely gives me a lot more time to do other things that I should be doing and allows me a level of peace of mind that the system is doing what it needs to do. I don’t have to rely on people to be amazing because the system is.”
“It has been a major move forward for us since deploying Fraxion in educating our staff that following the correct processes when requesting approval to purchase goods and services i s how we manage risk and protect our organization. The way that each item i s ‘locked’ in Fraxion until the required approval i s given means everything that must happen is consecutive. Without this process then it becomes a no-go."
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