Visibility & control
Catch errors early, before they reach your ledger
Controllers are accountable for accuracy and for closing on time, but the control points that determine both sit upstream, where you have the least visibility. Purchases happen outside policy. Invoices arrive without a matching purchase order. Duplicate payments surface in reconciliation after the money has been spent. Budget overruns appear at month-end, long after the commitment was made.
As transaction volume grows, manual processes compound the risk, more exceptions, more errors, and an audit trail that has to be reconstructed rather than retrieved.
Fraxion moves the controls upstream. Every purchase request, approval, budget review, and commitment is managed before it reaches AP, so by the time an invoice arrives, the purchase order exists, the approval is on record, and matching is a confirmation rather than an investigation.
A faster, cleaner close
Invoices are matched, coded, and approved. When procurement runs in Fraxion, invoices link to approved purchase orders and goods received, compressing the cycle further. With integration, approved transactions post directly to your ERP. Month-end deadlines become a review, not a reconstruction.
Audit-ready every day
The outcome that protects the controller’s credibility and their team’s time. An audit trail that builds continuously means evidence is always ready — not reconstructed under pressure during audit season. Your team can spend 50 - 70% less time on audit preparation with digital audit trails and records.
Errors and duplicate payments caught before they reach the ledger
Reduce risks with AI-assisted extraction, matching, and exception and duplicate identification before payment, not during reconciliation.
More capacity with the same team
Manage more invoice and transaction volume without needing to add any more finance staff. Productivity gains of 30-60% mean your team scales with the business rather than with the workload.
Real-time spend visibility and committed spend tracking
The capability that transforms cash flow forecasting from estimates to actuals. Committed, actual, and available spend visible the moment a request is approved, across every department, cost center, and entity — before it posts to the ERP.
Automated matching and exception detection
AI-assisted matching against the purchase order and goods received flags price, quantity, and duplicate exceptions with risk assessments and recommendations, for your team to review before approval and payment.
Pre-spend control
Company-wide policy, budgets, and approval authority enforced before commitment. Approvers see real-time committed, actual, and available spend before they act. Company funds are stewarded at the point of every decision, not reconciled after the fact.
ERP posting without re-entry
Approved, fully coded transactions post directly to your ERP, when integrated, so there is no manual re-keying, the risk of errors is reduced, and there are no reconciliation gaps.
