SPEND MANAGEMENT

Procurement software for proactive spend management

With Fraxion, your business spend is always tracked, approved, policy compliant, and in budget.

 

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SOLUTIONS

Solutions that guarantee savings

Fraxion’s cloud-based procurement software provides purchase requisitioning, expense and approval management with advanced analytics. Automate the procurement cycle and streamline procure-to-pay processes with complete visibility and policy compliance.

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Spend management simplified

01

Buy

Automate and simplify purchasing. Fraxion electronically manages purchase requisitions, quoting, approval workflows, purchase order generation, PunchOut and catalog procurement.

02

Claim

Streamline the submission of expense claims and ensure compliance with corporate spending policies while simplifying and speeding up reimbursement processes.

03

Invoice

Speed up AP processes - link invoices to orders and requests to approve invoices with ease, and eliminate overpayments and duplicate invoices.

04

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.

05

Analyze

Analyze spend across all expense types, suppliers and users, view budgets and gauge the impact of spend before it's incurred. Fraxion’s business intelligence tools help you to manage risk and make better purchasing decisions.

06

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.

Scalable savings


“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.”

Brad P, Materials Manager
Biofire Diagnostics



Easy to use


“Very intuitive interface. Most users were able to pick up how to use it with minimal training. Previously, in MS Dynamics SL the interface was so difficult people simply stopped submitting purchase order requests. With Fraxion, we have nearly 100% compliance."

Jared C, IT Director
The Production Network






Streamline processes


“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.”

Anthony P, Controller
Mesa Water District





Intuitive


“Fraxion is really easy to use. It’s kind of like when somebody picks up an iPhone. They can start using immediately, it’s so intuitive. We definitely get a good return on investment.”

Jason S, Associate Director, Operations
aTyr Pharma




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Jane Doe
DESIGNER

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Jane Doe
DESIGNER

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Jane Doe
DESIGNER

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