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
“Fraxion has streamlined our purchasing and procurement process tremendously. And it definitely has alleviated the need for our buyer to do so much manual work. We have better accountability of tracking approvals.”
"Previously, approvers had to manage large volumes of paper-based approvals, often without real-time insight into budget status. With Fraxion, this process has been fully digitized, allowing approvers to view actual and committed spending against their budgets in real time. This transformation has streamlined approvals, eliminated paperwork, and improved efficiency. As a result, decision-making is now quicker, more transparent, and more informed, making Fraxion a game-changer for budget management and financial oversight."
“Fraxion has streamlined our process significantly compared to the past when everyone was purchasing from different vendors. We've reduced the number of vendors we work with; it’s streamlined the process significantly.”
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