Catch fraud and errors before they cost you

Fraxion prevents fraud by building controls directly into the purchasing workflow — so the gaps that fraud depends on are closed structurally, not monitored manually. Segregation of duties can be configured to ensure no single person can request, approve, and pay for the same transaction. Vendor approval prevents unvetted or fictitious suppliers from entering the workflow. Automated three-way matching catches duplicate invoices and price discrepancies before payment. AI-assisted risk advisors assess every invoice and purchase request automatically, flagging anomalies, surfacing risk indicators, and recommending a course of action before your team makes a decision.

Segregation of duties is a financial control that separates the authority to request a purchase from the authority to approve it and process payment. Without this separation, a single employee can initiate and authorize a transaction, creating an environment where fraud, errors, and unauthorized spend go undetected. In Fraxion, segregation of duties can be configured into the workflow and enforced automatically on every transaction, so the control is structural rather than dependent on individual compliance or manual oversight.

Every incoming invoice is checked against existing records and matched to the original purchase order and goods receipt automatically. Fraxion's duplicate detection runs across invoice number, vendor, amount, and date, flagging potential duplicates and discrepancies before they reach the approval and payment stage. Exceptions are surfaced for review with full context, so your team resolves them before the payment run rather than recovering funds after the fact.

Vendor fraud typically enters through unvetted or fictitious suppliers added to the system without proper authorization. Fraxion's vendor approval framework requires every new vendor to be formally reviewed and approved before they can be referenced in a purchase request. Vendor data is managed centrally, with a complete record of who approved or edited each supplier record and when. This closes off one of the most common fraud entry points before any spend is committed.

No. Fraud prevention controls in Fraxion run inside the workflow, so compliant purchases move quickly and only exceptions wait for review. Requests route to the right approver automatically, and approvers act in seconds from a browser, mobile device, or Microsoft Teams. The controls add governance without adding friction for purchases that follow policy.

Every purchase request, approval decision, vendor record, and invoice is logged automatically with a complete, timestamped audit trail. If an exception or suspicious transaction needs investigation, the full record — who initiated it, who approved it, what documents were attached — and what matching outcome was recorded is retrievable on demand. There is no reconstructing evidence from inboxes or spreadsheets. The audit trail is always complete and always current.

Most implementations go live within three months. A Fraxion implementation consultant guides you through each step, from configuring segregation of duties and vendor approval workflows to completing the ERP integration and user onboarding.