Our procurement solutions offer:
2 or 3-way invoice matching and approvals
Notifications and alerts
Blanket purchase orders
Budget review
Budget vs actuals
Business intelligence
Capex requests
Cash advances
Catalogs
Cloud-based
Configurable process workflows
Custom fields
Document attachments
Email approvals
ERP integrations
Expense management
Inventory management and stock requests
Invoice approval
Mobile app
Multi-company
Multi-currency
Multi-language
Multi-level approval workflows
On-premise
PO change orders
Policy management
Project accounting
PunchOut
Purchase orders
Purchase requisitions
Receipt of goods
Request for quotation
Security
Spend analytics
Travel requisitions
Vendor approvals
Top-rated by users for value for money and leading in these categories:
Spend Management
Procurement
Purchase Order Management
Procurement software pricing with a good ROI
Ease of use and good ROI
“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. What’s more, Fraxion interfaces seamlessly with our Microsoft Dynamics GP finance system and keeps the full approval flow, so it’s easy for auditors to see that everything’s correct.”
Cut approval times in half
“Before Fraxion, the purchase request, ordering and approval process was largely slow, bureaucratic, manual and paper-based. Fraxion has singularly improved transparency, eliminated 90% paperwork, cut approval times in half and summarily improved productivity in procurement. Fraxion has also allowed the continuation of work processes during the COVID-19 pandemic and has ultimately been a cornerstone to the Technology Support Services Digital Transformation Strategy."
Transparency
“Fraxion gives me more transparency, so I can see everything I need to see. I don’t have to check up on people. So it definitely gives me a lot more time to do other things that I should be doing and allows me a level of peace of mind that the system is doing what it needs to do. I don’t have to rely on people to be amazing because the system is.”
Recent Awards





