Every purchase, invoice, and dollar accounted for

Purchase requisitions

Submit, track, and approve purchase requests from any device

Fraxion’s mobile purchase requisition software makes it easy for employees to submit, track, and approve purchase requests from any device — keeping spending policy-compliant and fully visible before a purchase order is raised.

• Request and approve purchases from any device: web, mobile, or Microsoft Teams
• Keep purchasing records centralized with attached supporting documents
• Buy from approved vendors and submit new vendors for approval
• Route every request through customizable, multi-level approval workflows
• Get instant approval notifications and act immediately from the mobile app

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Internal controls

Enforce policy. Protect budgets.

Track spending against budgets in real time, with budget impact visible at every approval point and instant policy alerts on every transaction, before money is spent.

• Enforce spend policies automatically with active policy management and real-time alerts
• Mitigate risk before it happens with instant notifications on every transaction
• Review budget impact at every approval point, before spend is committed
• Maintain complete audit trails and detailed purchasing history for full accountability and auditability

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Purchase order automation

From approved request to vendor PO in seconds

Automatically generate and send branded purchase orders to vendors by email from any device, the moment a request is approved.

• Speed up your PO process and improve accuracy
• Submit and approve change orders and revisions
• Receive goods and services against open POs via the web and mobile app
• Rate and review vendor performance
• Centralize records and link POs to invoices for easy matching and receiving

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AP automation

Free up AP team capacity

Process AP up to 5x faster, cutting cycle times from 10 to 14 days down to 2 to 4 days. Replace manual invoice capture with AI extraction, automate approvals, and catch exceptions before they become overpayments.

• Capture invoices instantly via upload, email, or drag and drop
• Extract invoice data automatically with AI, eliminating manual data entry
• Match invoices to POs and receipts with simplified 2- or 3-way matching
• Route invoices through automated approval workflows without manual intervention
• Identify exceptions, duplicates, and overpayments before they’re processed
• Batch approved invoices for faster, streamlined payment runs

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PunchOut, PunchIn & Catalog

Shop from approved vendor catalogs — internal or integrated

Connect your preferred vendors’ eCommerce catalogs to Fraxion, or upload and self-manage internal catalogs. Your team shops from approved vendors at negotiated prices, with your purchasing and approval rules applied to every order.

• Connect directly to vendor catalogs with PunchOut and PunchIn integration
• Shop from internal digital catalogs at pre-negotiated prices, ensuring every purchase is approved and cost-controlled
• Simplify eProcurement and drive savings through guided, policy-compliant buying

Learn more about PunchOut →Learn more about PunchIn →

Learn more about vendor catalogs →

Spend analytics & reporting

See every dollar. Find every saving.

Get a single, real-time view of organizational spend and identify exactly where to cut costs, consolidate suppliers, and optimize purchasing processes. Insights, Fraxion’s embedded analytics platform, uncovers the savings opportunities and process inefficiencies hidden in your purchasing and AP data.

• Visualize your purchasing and AP data with dashboards and charts
• Gain transactional spending insights
• Analyze and report on spend by vendor, employee, and budget
• Benchmark your company’s procurement processes with community insights
• Gain actionable insights to improve purchasing processes and cycle times

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Expense management & travel

Policy-compliant employee spending

Set and enforce policies for travel, expenses, per diems, and cash advances, giving finance teams complete visibility and control over employee spending while reducing financial risk. Employees get a clear, guided spending experience and faster reimbursements.

• Submit and approve expenses from any device with mobile expense management
• Capture and attach receipts instantly with your phone
• Enforce expense and travel policies, reducing delays, errors, and out-of-policy spending
• Get reimbursed faster with streamlined, end-to-end expense workflows

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