Manage and optimize your indirect spend
Spend management software gives your organization proactive tools to track, manage, and analyze spend with ease.
Get the most from your spend management software investment
Benefits of spend management
Automate your processes for spend management efficiency
Leverage the flexibility of Fraxion to simplify and automate workflows, fast-track processes, and remove approval delays. It’s so easy.
Proactive spend management on-the-go
Work remotely, guide purchasing decisions, and foster an accountable spending culture. Empower your team to submit purchase requests and expenses, review budgets and approve, wherever they are.
Say goodbye to unauthorized spending with budget and policy controls
Drive procurement policy compliance and adherence to budgets with budget insights at decision points, and alerts and notifications for contraventions and potential risks in purchasing requests.
Optimize vendor relations and reduce costs
Simplify purchasing processes and direct all spend to approved vendors that offer the best value. Purchase from integrated vendor catalogs with PunchOut or host internal product Catalogs.
Gain insights and spend smarter with analytics and reporting tools
Improve visibility, analyze and report on your spend to identify trends, process improvements and cost-saving opportunities.
#1 Spend management software
Proactive spend management software
Take control of your indirect spend. Every department will benefit from the ease-of-use and simplified processes, and your organization will gain a critical advantage by achieving financial accountability.