Spend visibility & control

See spend before it happens, not after the money is spent

Name: Fraxion
Brand: Fraxion
Rating: 4.4 (193 reviews)

Fraxion gives the office of the CFO a single, real-time view of available, committed and actual spend across departments, budgets, and entities. Real-time budget visibility is available at the point of every request and approval from any device for informed, confident spending decisions, so overruns are prevented before they happen, not reconciled after month-end.

Finance manager reviewing a real-time budget utilisation card on a tablet

The challenge

Real-time spend visibility is the difference between controlling budgets and reporting on them

Spend data arrives late and scattered, across spreadsheets, inboxes, and the ERP after transactions have already posted. By the time finance can see what has been committed, the money is already spent. Cash flow forecasting rests on estimates rather than actual obligations. And with no way to intervene before spend is committed, the same budget overruns and off-policy purchases recur quarter after quarter, eroding margins the business is trying to protect.

Committed and actual spend, visible the moment it is approved

See obligations the moment they are approved, not weeks later when invoices post to the ERP. Cash flow forecasting reflects what has actually been committed.

Budget and policy checks before commitment

Approve with confidence. Enforce policies and view budget impact at the point of request and approval. Fraxion enables visibility into available budget, committed spend, and actuals at decision points.

Intelligence to inform your judgment, not replace it

AI-assisted advisors flag exceptions, recommend a course of action, and provide the reasoning behind every recommendation. Your team retains decision authority, catching issues and resolving exceptions before they become costly mistakes.

Spend analytics and insights

Visibility not just into totals but into patterns — spend by vendor, employees, budget, or transactions. Fraxion identifies where budgets are being consumed, where savings opportunities exist, and pinpoints compliance gaps.

Stay in control of spend from anywhere

Real-time budget visibility via a browser, mobile app, or directly in Microsoft Teams, so employees can make informed spend decisions from anywhere.

Spend visibility & control

Complete spend visibility. Greater control.

Without clear visibility into spend, organizations can struggle to control costs, enforce policies, and identify unnecessary or unauthorized purchases. Fraxion brings purchasing, approvals, and invoices together in one place, giving you complete visibility and control over spend.

Embedded analytics help you identify spending patterns, uncover opportunities to reduce costs, and make more informed decisions about where and how you spend.

Analyze your spend →

What is spend visibility and control?

Spend visibility is the ability to see what has been committed and what has actually been spent in real time, not at month-end. Spend control is the ability to enforce budgets and policies before a purchase is made, rather than discovering overruns after the fact. Together they give finance leaders the information and authority to manage spend proactively, preventing exceptions before they happen rather than reconciling them after.

How does Fraxion help manage budgets?

Fraxion gives approvers real-time visibility into available, committed, and actual spend at the point of every request and approval, so every decision is made with accurate, current budget information. Budget thresholds are configurable. In Fraxion, budgets are accessible from a browser, mobile app, or directly in Microsoft Teams for proactive spend management on-the-go.

How is this different from the reporting in our ERP?

ERP reporting reflects transactions after they have posted, meaning finance sees what was spent after the commitment was already made and the invoice processed. Fraxion shows committed spend the moment a purchase request is approved, before the invoice arrives and before the transaction posts to the ERP. This gives finance leaders the ability to act while intervention is still possible, not after the money has already been spent.

Can we see spend across multiple entities?

Yes. Fraxion manages spend across multiple legal entities, departments, and locations — each with its own budgets, cost centers, and approval thresholds and consolidates them into a single, filterable view for finance. Controllers and Finance Directors can drill down by entity, department, or cost center, or view consolidated spend across the entire organization in one place

How long does implementation take?

See spend before it happens, not after the money is spent

Trusted by mid-market finance teams

Real-time spend visibility is the difference between controlling budgets and reporting on them

How it works

Committed and actual spend, visible the moment it is approved

Budget and policy checks before commitment

Intelligence to inform your judgment, not replace it

Spend analytics and insights

Stay in control of spend from anywhere

Complete spend visibility. Greater control.

“Fraxion has become the place where our people know they can find financial transactions. We are very happy to see Fraxion provide us with the needed controls to safeguard our assets. We cannot underscore the spend control enough.”

Real-time visibility

Up to 10% recovered

10-20% cost savings

See how Fraxion delivers real-time spend visibility and control

FAQs

See spend in real time. Act before it exceeds budget. Stay in control.

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