Procurement software for proactive spend management
With Fraxion, your business spend is always tracked, approved, policy compliant, and in budget.
Solutions that guarantee savings
Fraxion’s cloud-based procurement software provides purchase requisitioning, expense and approval management with advanced spend analytics. Automate procurement processes and streamline the procure-to-pay cycle with complete visibility, budget insight, and policy compliance.
Buy
Automate and simplify purchasing processes from any location. Fraxion manages purchase requisitions, quoting processes, approval workflows, purchase order generation, vendor PunchOut, and internal catalog procurement.
Claim
Streamline expense management - create and submit claims via the web or mobile app, snapshot and upload receipts, and ensure compliance with spending policies while simplifying and speeding up approval processes.
Invoice
Speed up AP processes, invoice matching and approvals. Streamline 2 or 3-way matching and invoice approval to eliminate overpayments and duplicate invoices.
Travel
Streamline travel processes: From request creation to the processing of invoices, travel itineraries, travel expenses incurred and the processing of invoices against travel costs.
Analyze
Get transactional spending insights and analyze spend by supplier, employee and budget. Gauge the impact of spend before it's incurred. Make informed data-driven decisions with Fraxion’s business intelligence and reporting procurement tools.
Optimize
Optimize your business processes and proactively manage your spend. Accelerate your approval workflows, achieve paperless efficiency and purchase at the lowest price. Time and cost savings will boost your bottom line.
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