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Procure-to-pay software for proactive spend management

One solution.
Complete spend visibility and control.

Purchasing | Accounts payable | Expenses | Spend analysis

With Fraxion’s procure-to-pay software, your business spend is always tracked, approved, policy compliant, and in budget.

Fraxion spend management dashboard

Companies we work with

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aTyr Pharma
The Hotchkiss School
GrowthPoint
PayFast
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St Stithians College
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Hollywoodbets
iHeartMedia
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CIB
Tiko
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Foley Family Wines
Delta Air Lines
The Y
St Stithians College
St Stithians College
St Stithians College
Siga
Finance leader reviewing spend insights on a tablet

Why Fraxion

The spend management platform the Office of the CFO relies on.

Fraxion is designed for mid-market finance teams that need to move fast, stay in control, and do more with the resources they have. 

Start with AP automation to reduce processing costs and close faster. Add procurement to stop unauthorized spend before it happens. Bring in expense management to close the last gap.

When purchasing, expenses, and AP run on one connected platform, the result is complete spend management, full visibility, proactive control, and the financial insight your CFO needs to drive better decisions across the business. 

 

Fraxion is the spend management platform mid-market finance teams use to bring purchasing, AP automation, expense management, and spend analysis into one connected platform.

 

No unauthorized spending. Faster purchasing, accounts payable, and closing cycles. Tighter compliance. One audit trail from request to payment.

 

Choose your starting point. Expand on your terms. Trusted by mid-market finance teams for over 20 years.

How fraxion works

Start with what matters most today. Scale as your needs evolve.

Start with what you need today. Add capabilities as you grow, without reimplementation.

Scaling your spend controls shouldn't mean starting over. Fraxion's procurement, 
AP automation, expenses, and spend analysis all run on one platform, add what you need, when you need it, without disrupting existing workflows. Choose the solution that fits where
you are today. Add more as your needs evolve. 

Procurement dashboard

Procurement

Stop unauthorized spend before it happens.

Gain visibility and control over every purchase before it’s committed. Approval workflows, budget checks, and policy controls are applied at the point of request — every PO is reviewed, approved, and matched to budget before it reaches your supplier.

Available in this plan
  • Purchase requisitions and approval workflows
  • Real-time budget and policy controls
  • Vendor management and ratings
  • PunchOut and Catalog purchasing
  • AI spend analysis and reporting
AP automation on mobile

AP automation

Eliminate overpayment risk. Handle more volume without adding headcount.

Reduce invoice processing time and costs and close the month faster. Fraxion handles invoice capture, coding, matching, and approval routing — automatically — so AP teams move faster with fewer errors.

Available in this plan
  • AI-powered invoice data extraction and review
  • Rules-based GL coding and cost center allocation
  • Automated approval routing and mobile approvals
  • Exception management and audit trails
  • ERP and accounting system integration
Procure-to-pay analytics

Procure to pay

One connected cycle, from request to payment.

When procurement and AP are connected, the PO raised in purchasing is the one matched in AP. Real-time visibility, no duplicate effort, and a full audit trail that lasts from requisition to payment.

Available in this plan
  • Everything in procurement and AP, fully connected
  • Single approval engine across purchasing and payables
  • Budget and policy controls end-to-end
  • Real-time available, committed vs. actual spend visibility
  • No data re-entry between features
  • Full audit trail from requisition to payment
Why Fraxion

The all-in-one spend management platform that pays for itself.

Reduce unauthorized spend and costly purchasing mistakes

Approval workflows, budget checks, and policy controls are applied at the point of request, so spend is controlled before it happens.

Eliminate overpayment risk and invoice processing errors

AI-assisted capture, matching, and rules-based routing remove the manual steps where errors and overpayments creep in.

Do more with your existing team, without adding headcount

Automated purchasing, invoice processing, and approval routing free your finance team to focus on higher-value work.

All your spend data in one place, in real time

Consolidated visibility across purchasing, AP, expenses, and vendor spend gives finance teams numbers they can trust.

Expand spend controls without a new implementation

Adding procurement, AP automation, expenses, or spend analysis to an existing Fraxion setup is configuration, not reimplementation.

Top-rated and loved by users

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Platform

Security, compliance, and intelligence, built in

The trust layer behind Fraxion solutions.

Always audit-ready

Full transactional transparency across every purchase, expense, approval, and invoice.

AI as an advisor

Your finance team makes the decisions. Fraxion AI makes sure they have the right information at the right moment — guiding spending behavior, flagging exceptions, and driving the speed and accuracy that manual processes can’t match without replacing your judgement.

Enterprise-grade security

SOC 2 compliant infrastructure protecting your financial data and transaction records.

Purchase building maintenance dashboard (1)

We get a good return on investment, that’s for sure. Everything goes through the approval process automatically. Most orders only take one to two minutes to complete.

Jason S.

Associate Director of Operations - aTyr Pharma

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.

Kelly C.

Partner - Information Technology

We frequently see cost reductions—sometimes up to 20%.

Rob S.

Purchasing Manager - The Hotchkiss School

It’s saving so much time and making things so much easier and assists you in achieving full procurement compliance. We’ve decreased our travel spend by over 50%.

Rene A.

Group Procurement Manager - Mukuru

It used to take me a month and a half just to enter invoices; now I can easily get through each one in about three to four minutes. Fraxion pulls in all the details—prices, quantities—so it’s much easier to spot mistakes. It’s made my job so much easier.

Elizabeth S.

Purchasing & Inventory Manager - Monson Fruit Company

Fraxion gives me more transparency, so I can see everything I need to see. I don’t have to check up on people. It gives me a lot more time to do other things I should be doing and a level of peace of mind that the system is doing what it needs to do.

Sean F.

Finance Director - Cube Workspace

The company behind the platform

Helping companies control spend for over 20 years

Trusted across industries

Healthcare, life sciences, agriculture, wineries, education, property management, financial services, natural resources, non-profits, and more.

Dedicated implementation, customer success, and support

Access to Fraxion’s consulting, customer success, and support teams, ensuring your rollout delivers value fast and your team is set up for the long-term term success.

Expertise gained across 20 years of implementations

Over two decades of mid-market spend management implementations enable faster onboarding and lasting results.

Everything your finance team needs to control spend, in one place.

Every spend challenge has a starting point, let’s find yours. Tell us your biggest spend management challenge and we’ll show you how Fraxion solves it.

Book a demo
Fraxion mobile approvals on two phones