Managing procurement in 2025 means dealing with multiple approvals, stricter budget expectations, and rising pressure to keep processes compliant. At some point, spreadsheets, scattered email threads, and hours of manual invoice capture are no longer sustainable. That’s when it makes sense to move to a full procure-to-pay platform.
But which software fits your team best, Fraxion or Precoro?
Both platforms aim to simplify and control purchasing, but the experience, flexibility, and capabilities they offer show clear differences. This guide compares Fraxion and Precoro side-by-side.
Fraxion is a great fit for mid-sized companies that need complete spend management, spend visibility and analytics, deep custom reporting, and built-in compliance controls across multiple departments, budgets, or locations. Its integrations go far beyond what most platforms offer, including cloud and legacy ERP support, over 50 PunchOut catalogs, and Microsoft Teams workflows.
Precoro is a solid choice for smaller or fast-growing teams that need to move away from manual purchasing but don’t require robust functionality. It covers the basics well and offers fast deployment and a simple experience for requesters, approvers, and finance teams.
If your team needs full control over spend from request to payment (and you want a platform that can scale with your process), Fraxion is the best long-term investment.
Let’s take a look at how Fraxion and Precoro compare on key product capabilities and benefits:
| Feature | Fraxion | Precoro |
| Best for | Mid-size companies looking for an all-in-one solution for procure-to-pay automation, spend management, and analytics. | Small to medium businesses looking to automate and centralize manual purchasing processes and get started quickly. |
| Spend analytics | Embedded spend analytics platform, real-time reporting, intuitive dashboards, community insights | Budget tracking, spend analysis, integration with BI tools. |
| Integrations | 50+ PunchOut catalogs and PunchIn, cloud and legacy accounting and ERP integrations. Microsoft Teams integration. | Offers PunchIn, limited PunchOut catalogs; accounting system integrations but lacks native integrations with some ERP systems. Slack integration. |
| Mobile functionality | Full-featured mobile app with purchase, expense, and invoice approval, real-time budget visibility, purchase order (PO) and receiving functionality. | Basic mobile app capabilities, limited to purchasing and approvals. |
| Ease of use | Intuitive and user-friendly | Straightforward and user-friendly |
| SOC 2-compliant | Yes | Yes |
| Pricing | Starts at $399/month (10–25 employees); mid-size from $749/month; custom pricing for large organizations | Starts at $499/month for core features; automation at $999/month; enterprise is custom pricing |
Procure-to-pay software for proactive spend management.
Fraxion simplifies purchase requests with single-to-multi-level approval paths that match your spending policies—escalating automatically as needed. Requisitions are routed with the right budget and cost allocations, while real-time visibility into available, committed, and actual spend helps approvers make informed decisions and prevent overspending. Teams can create or automate PO generation and emailing, enabling fast, accurate purchasing with less paperwork and more project momentum.
From day one, Fraxion helps establish and enforce purchasing policies. Your approval workflows, budget thresholds, and vendor authorization steps are embedded into the process. No procurement team? No problem, Fraxion guides processes and drives compliance.
Fraxion’s spend analysis platform goes beyond standard dashboards, it provides granular insights, actionable intelligence, and custom reporting that drive informed decision-making. Track spend by vendor, employee, location, budget, or transaction. Leverage community insights to benchmark your processes against peer companies. Visualize trends with intuitive dashboards, track compliance, and identify opportunities to improve processes and save.
Fraxion’s advanced mobile app lets users create purchase and expense requests, review real-time budgets, and approve requests and invoices on-the-go. With PO visibility and receiving capabilities, your procure-to-pay process keeps moving swiftly. The app is purpose-built for teams who work beyond the desk, from field operations to regional managers. Your team doesn’t have to worry about delaying decisions due to being out of office.
Fraxion connects with cloud, legacy, and niche ERP and accounting systems. It offers 50+ PunchOut and PunchIn catalog support. Finance teams can guide purchases to approved suppliers, reduce rogue spend, ensure budget and policy compliance, and keep financial records aligned across platforms.
Organizations needing transparent spend tracking and management for grants, funds, donations, or specific budgets rely on Fraxion to provide clear visibility into how money is allocated and spent. Fraxion enables tracking across multiple budgets, projects, and funding sources, allowing users to monitor expenses in detail and generate accurate reports. This ensures donors and stakeholders have full transparency, promoting accountability and strong financial stewardship—especially vital in education, non-profits, and biotechnology.
Fraxion offers a comprehensive all-in-one solution for purchasing, expense, accounts payable (AP) automation, and spend analysis.
Book a demo with Fraxion and see how easily your team can gain full visibility and control of procurement and spending.
Easy procurement centralization.
Precoro makes it easy to get started on the platform. Most companies can configure workflows and begin using the platform in a short time, with guidance from their proficient customer success team. Whether an organization is rolling out Precoro across a single department or the entire company, Precoro can support the transition with flexible configurations and responsive onboarding. Teams are able to adopt new processes without unnecessary delays or confusion.
Precoro’s simple request-to-approve flow streamlines the procurement process by keeping intake management clean and straightforward. Employees can easily submit purchase requests, ensuring all necessary details are captured upfront. The platform enables collaboration between requesters and approvers, allowing for clear communication and quick resolution of any questions or adjustments.
Precoro offers flexible, easy-to-build workflows that can be tailored to fit an organization’s specific structure. Users can create multi-level approval paths, ensuring requests are routed efficiently and accurately. While Precoro’s workflow capabilities may not be as complex as those found in more comprehensive systems, they provide smaller teams with the adaptability needed to stay organized and compliant.
Precoro offers inventory tracking features that enable organizations to manage multiple warehouses, track stock consumption, and facilitate stock transfers seamlessly. Its integrated system updates inventory levels automatically with each purchase and provides customizable reports for better stock visibility and restocking decisions. This ensures accurate, real-time inventory management aligned with procurement workflows.
Precoro offers a focused feature set that supports core procurement operations. For companies that don’t need robust features or deep reporting, it covers the fundamentals without overwhelming its users.
Choose Fraxion if you need:
Choose Precoro if you need:
Which platform will support your long-term goals?
Whether you're managing spend across funds, projects, or multiple budgets, or planning for upcoming audits at a school, non-profit, or agriculture business, Fraxion gives you the control and visibility you need from day one. The platform scales seamlessly as your business grows, handling increased transaction volumes, expanding users, and deeper functionality and integration requirements.
Fraxion is built for mid-sized teams who want to manage spend proactively. Every step is tracked, approved, and aligned with your policies and budgets.
With Fraxion, you’ll know exactly where money is going, who approved it, and how it lines up with your budget. If you’re looking to cut waste and enforce policy compliance, Fraxion is the procure-to-pay system that makes it easier for teams to stay informed, accountable, and compliant.
Schedule a personalized demo today and see how Fraxion gives you a more efficient way to manage business spend.