APPROVAL WORKFLOWS

Custom multi-level approval workflows

Purchasing software with advanced purchase requisition and approval workflows.

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Get the right approvals, on time, and on budget

Ask anyone with a manual purchasing process what the primary bottleneck is and you’ll usually hear – the purchase requisition approval process. Manual approvals are usually error-prone, delayed, and come with a hefty 30% increase in purchasing cycle time over peers who utilize mobile purchasing software.


Streamline procure-to-pay processes and manage risk with Fraxion's advanced approval workflows that ensure that every request is routed or escalated appropriately, and authorized before any costs are incurred.

ON DEMAND APPROVALS

Approve with confidence, wherever you are

Accelerate approvals with alerts and notifications and the ability to instantly approve requests via the web or mobile app, from any location. 

  • Email notifications and in-app alerts initiate action and manage risk
  • Ensure accurate cost allocations
  • Review a request's impact against real-time budgets 
  • Verify purchases - review supporting documentation and vendor information
  • Instantly approve, reject or request more information.
  • Track the status and history of approvals

 

FLEXIBLE WORKFLOWS

Customize approvals based on your business needs

Customize and scale your approval workflows based on your company's policies, spending limits, and hierarchies. From simple to complex structures, Fraxion’s powerful routing engine enables multi-level escalation. 

  • Ensure delegation of authority
  • Align approvals with spending levels and thresholds
  • Customize approval thresholds based on request type
  • Automate approvals based on cost allocation structures
  • Enable auto-escalation after a specific time period
  • Configure self approval options
  • Authorize bypass conditions: above threshold, on budget, or variance
INSIGHTS

Analyze approval workflows

Analyze the efficiency of your approval workflows and identify opportunities to improve approval times. Operational efficiency dashboards provide insights, analysis, and helpful tips.

  • Evaluate the performance of individual approvers and approval groups
  • Analyze approval workflows
  • Gain actionable insights to improve the efficiency of your approval processes
  • Optimize approval times
Workflows benefits
AUTOMATION

Replace manual processes

 

No more paper-based requests, tedious email threads, lost documentation, and approval delays. Instead, you gain fast, efficient digital notifications and workflows with complete audit trails.

 

APPROVAL

Improve compliance


Say goodbye to unauthorized purchases and overspending. Fraxion's automated approval workflows ensure the right level of authorization, escalation, and budget impact review before any costs are incurred.

ACCOUNTABILITY

Drive responsible spending

 

Automation enables more visibility and control throughout purchasing workflows. Guide your team's spending behavior with proactive policy management and transparent audit trails.

  • “

    Highly recommended for simplicity, approval management and faster processes

    “We're able to keep our costs down and have the peace of mind that requests are getting the right approvals. Auditing has been smoother since implementing Fraxion. We get great support from the consultants as well. We're really happy with the system and get a good return on investment.”

    Information Technology
    Kelly C.

    capterra rating
  • “

    Fraxion curtails unauthorized spend

    “All items need to be fully approved on Fraxion in order for the purchase order to be generated. We will only make payment if there is a PO for the relevant supplier invoice. This has reduced the amount of unauthorized spend in the business.”

    Group Financial Accountant
    Lauren R.

    G2 rating-1
  • “

    Excellent requisition solution

    “This software has been a huge improvement over our previous system and has greatly enhanced the efficiency of our process. It is easy to use for our Accounting department and end users. We looked at multiple other products but chose Fraxion because it had the strongest requisition ability.”

    Controller
    Steve R.

    capterra rating
  • “

    “Excellent Procurement software tool that assists you in achieving full procurement compliance.”

    Group Procurement Manager
    Rene A.

    G2 rating-1
  • “

    Ease of use and simplicity

    "Fraxion requires that all operational/club level management follow the same procedure with regards to procurement, which creates uniform workflows, documentation and processes. This eases up the workload in the finance department due to the centralization of all requests and purchase orders. Audit trails, compulsory approval workflows and a vast record of historic procurement documentation allows for missing transactions and other queries related to procurement to be resolved without difficulty. Fraxion also scales well as we are continuously expanding as a company. Ease of use and simplicity of the system enables new users to phase into the workflow effortlessly.”

    Health & Fitness
    Theuns S.

See Fraxion's approval workflow engine in action

Get in touch to discuss your business needs and arrange a customized demo.