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FRAXION

#1 Purchasing software

Establish purchasing and approval processes and gain complete visibility and spend management with one mobile, easy-to-use solution.

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  • “

    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

  • “

    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

  • “

    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

  • “

    Great tool for everyday spend management

    “Our greatest feature has to be PunchOut. When we went live with it, everyone really started to enjoy it.”

    Purchasing Agent, Education Management, 201-500 employees
    Robert S.

    capterra rating

Flexible purchase order software that connects people, processes, and policies. 

Fraxion will help you:

 

 

PunchOut

 

Requisition-to-PO

Automate purchase requests, expense claims, and purchase order processes
 

 

 

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Custom approvals

Approve with confidence with real-time budget visibility and multi-level workflows
 

 

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Budget control

Track spending against
budgets and simplify cost allocations
 
 

 

Security

Policy compliance

Implement purchasing policies and ensure adherence. Track all spending and improve auditability.
 
 

 

2 or 3-way invoice matching

AP automation

Instant invoice intake, AI data extraction, invoice matching and approvals
 
 

 

Project accounting

Spend analytics

Improve and inform decision making with complete visibility, analytics, and reporting power
 

 

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Catalog integration

Manage vendor spend with PunchOut integrations and internal Catalogs
 
 

Mobile app

Mobile app

Empower your team to spend responsibly wherever they are
 
 

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Cost savings

Manage and reduce your operational costs
 
 

Easy purchase requests and approvals from any location, on any device.

Replace manual inefficiencies with automated purchase requisition-to-PO and expense reporting processes, customized approval workflows and budget and policy controls. Proactively manage and report on your business spend, with Fraxion.

ERP INTEGRATIONS

Connect Fraxion with your financial business tools

 

 

Fraxion complements and extends these and more accounting and ERP solutions with effective purchasing management.

Don't see your financial system here? Let's chat, we have various levels of automation for communicating with all accounting systems and ERPs.

Find out more

Spend smarter and save

Mid-sized companies worldwide trust Fraxion to manage their purchasing workflows and guide company-wide spending behavior.

See how you can achieve purchasing efficiency and proactive spend management.

Watch the video

PURCHASING SOFTWARE

Track, manage and automate purchase orders from approved requests

With Fraxion, all purchases are tracked, approved, policy compliant and in budget!

 

 

Turn your purchasing process into a savings generator with Fraxion

Get in touch with a product specialist to discuss your purchasing needs.

Book a demo