The challenge
Manual procure-to-pay: more work, errors, and cost
The visible cost is time: keying in invoices, chasing approvals through inboxes, matching documents manually, and reconstructing records at month-end. The hidden cost is what manual processes miss and what slips through undetected: duplicate payments, overpayments, goods not received, and budget overruns discovered after the money is spent. Both costs scale with transaction volume, and as volume grows, organizations find themselves adding headcount to keep pace with a manual process rather than building capability.
Approvals that move in seconds — not days
Requests route to the right approver automatically, and approvers act in seconds from mobile, desktop, or Microsoft Teams. Approval cycles are up to 80% faster, so purchase requests and invoices move without waiting on inboxes, delayed responses, or email chains with no clear owner.
Faster invoice processing
AI-powered data extraction and automatic matching take invoice handling from hours to minutes. Process invoices up to 5x faster at up to 80% lower cost per invoice, with the same team.
Lower processing costs
Automated requisition-to-PO workflows cut PO processing costs by 30 to 70% and make finance teams more productive. As invoice volume and procurement complexity grow, Fraxion absorbs the workload, reducing the need to add headcount even as transaction volume increases.
Savings that scale with every process you automate
When procurement and AP run as one connected process, savings compound at every stage. Audit preparation takes up to 70% less time. Month-end close shortens. And organizations running an end-to-end P2P process report operational cost savings of up to 20% as efficiencies across the full cycle replace the manual work and errors that come with disconnected processes.
