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Budget control

Stay on budget with real-time spend visibility

Make better purchasing decisions with real-time visibility into budget impact, helping teams identify overspend risks early and avoid month-end surprises.

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Real-time budget dashboard

Companies we work with

Client logo
N-S
GIBS
US Space & Rocket Center
Zirkle Fruit Company
Juta
DB Foods
Fate
Businesswoman reviewing real-time spend against budget

BUDGET CONTROL

Gain real-time visibility and control over spending against budgets

Full visibility into committed, actual, and available budget.

Live budget updates as spending happens

Replace manual budget tracking processes across multiple spreadsheets with a single, real-time view of spend against budgets.

Faster, more informed decisions

Enable faster, more informed decision-making with real-time budget visibility at the point of purchase, before spend is committed.

Prevent overspending

Prevent overspending by identifying potential budget risks early with real-time alerts and proactive notifications.

Drive budget discipline

Drive budget discipline with real-time visibility

 

Manage multiple budget structures

Department, project, grant, fund, or any combination. Fraxion adapts to your existing budget structures.

Empower your team

Drive accountable spending and guide purchasing behavior with real-time alerts and notifications.

See budget impact before approving

Review the potential impact of spend before approving requests or committing to purchases.

Approve on-the-go

Budget visibility on any device from any location for instant, informed, and auditable approvals.

Make faster, more informed spending decisions

Support better spending decisions with real-time, interactive insights.

Keep ERP budgets aligned

Connect your ERP or accounting system’s budgets for improved accuracy and efficiency.

Flexible budget structures

Flexible budget structures that adapt to your business

Gain real-time budget visibility and control across your organization with flexible budgets that align to companies, departments, projects, grants, funds, and any cost structure you use. Every purchase automatically updates impacted budgets as spend happens.

  • Empower authorized employees with budget visibility before request submission or at the approval level

  • Maintain control across multiple budget structures, including departments, projects, grants, funds, and more

  • Plan and allocate with confidence using unlimited budgets per line item and flexible, multi-segment structures

  • See budget impact update as each request moves through the workflow

  • Read your financial position at a glance, with current period and year-to-date views of committed, actual, and available budget

  • Stay audit-ready as every approval and rejection is logged automatically

Flexible budget structures dashboard
Approver context view with vendor and employee history
Approver context

Everything approvers need, in one view

Make informed approvals with full vendor and employee purchase history in one view, giving complete context beyond a single line item.

Review at a glance

  • Total spend by vendor at the requisition, PO, and invoice level

  • All related documents and purchase orders

  • Vendor spend by employee

Budget insights

Turn budget insights into better spending decisions

  • Easily analyze and report on budgets by period or year with embedded analytics that give approved financial roles clear, actionable insights. Gain clearer financial insight across budgets, actuals, commitments, and available spend.

  • Improve financial planning and spend predictability with detailed budget insights.

Budget analytics and reporting
Budget approvals on mobile and Microsoft Teams
Mobility

Budget control, wherever spending happens

Improve approval speed and accuracy with real-time budget visibility and approvals available via web, mobile app, and Microsoft Teams.

  • Get instant notifications to review, approve, or reject requests with full budget and purchase context

  • Improve spend discipline by ensuring every decision is informed, timely, and aligned to budget

  • Increase accountability with a full audit trail of every approval decision across web, mobile app, and Teams

Simplified reporting in tracking costs versus budgets

Pros: User friendly. Enhanced controls to minimize risk areas. Excellent supplier management tool.

Benefits: Correct procurement processes being followed and spend alerts to budget holders.

Finance Systems & Procurement Manager

Education Management, 201–500 Employees

Prevent overspend before it happens

Real budget control means stopping overspend at the source, not discovering it at month-end. Book a demo to see how Fraxion can drive budget discipline in your organization.

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Fraxion mobile budget visibility