Replace manual processes, automate and accelerate purchasing, expense and approval workflows, and proactively manage your business spend with insights, transparency and compliance.
Mid-sized companies worldwide trust Fraxion to manage purchasing workflows and guide spending decisions.
Fraxion automates requisition-to-PO and expense report processes. The solution ensures policy compliance, provides budget visibility at decision points and routes requests through escalating multi-level approval workflows.
Users enjoy the ease-of-use, procurement reduces cycle times and costs, AP saves valuable time and the C-Suite loves the savings!
Integrated with your ERP / accounting solution or standalone, Fraxion delivers proactive spend management, auditability and sustainable savings.
Easy purchase request submission, drag and drop supporting documents, manage vendors and create purchase orders from approved requisitions.
Match requests to purchase orders and delivery notes and approve invoices without the risk of over paying.
Flexible approval workflows with escalating authorization levels, email notifications and in-app alerts
Ensure spending is policy compliant and remains within defined budgets at the GL Account, department, project or vendor level.
Business intelligence tools to track, analyze and report on spend with real-time budget insight and spend categorization.
Online collaboration tools that simplify purchasing from PunchOut vendors and internal catalogs.
“We were able to start with the system with only 10 users and it has easily scaled with us to almost 400. It’s allowed us to save at least 4-5 jobs in purchasing.”
Brad P, Materials Manager
“Very intuitive interface. Most users were able to pick up how to use it with minimal training. Previously, in MS Dynamics SL the interface was so difficult people simply stopped submitting purchase order requests. With Fraxion, we have nearly 100% compliance."
Jared C, IT DirectorR
The Production Network
“Fraxion has streamlined our purchasing and procurement process tremendously. And it definitely has alleviated the need for our buyer to do so much manual work. We have better accountability of tracking approvals.”
Anthony P, Controller
Mesa Water District
“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.”
Jason S, Associate Director, Operations
“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 for Makerere University Walter Reed Project."
Albert Musinguzi - ICT Manager, Makerere University Walter Reed Project