The challenge
Manual AP doesn’t just slow finance down, it costs more than most teams realize
Every invoice demands manual effort: data entry, approval follow-up, and exception handling. Without a direct link between the invoice, the original purchase order, and goods received, duplicate payments, overpayments, and fraudulent invoices can go undetected until after the money has been spent.
By month-end, the team cannot say with confidence what has been processed, what is pending, or what has been paid in error. And when auditors arrive, the evidence has to be reconstructed, not retrieved.
Invoice intake and AI data extraction
Vendors submit invoices by email, or teams drag and drop to upload them directly. Fraxion captures every invoice and extracts line-level data automatically. AI-assisted processing reviews each invoice on arrival, flags exceptions, and surfaces the information your team needs to apply their judgment and make a confident decision before the invoice moves to approval.
Matching against approved commitments
When procurement is managed in Fraxion, every invoice can be matched against the original purchase order and goods received. Fraxion’s AI-assisted matching identifies price variances, quantity discrepancies, and duplicate submissions at the point of processing, flagging exceptions with clear reasoning so your team can review before payment is approved.
Approvals routed to the right authority
Invoice approvals follow your spending thresholds and delegation of authority, routing and escalating automatically. Approvers act in seconds from mobile or desktop, with the invoice, the purchase order, received items, and budget all in view.
Posting to your ERP, without duplicate entry
When integrated with your ERP, approved invoices post directly, eliminating manual re-entry, reducing the risk of error, and ensuring your system of record reflects only transactions that have been fully authorized and validated upstream.
