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Fraxion Spend Management
True cloud procurement software for complete spend management. Fraxion streamlines purchase requisition and approval processes, procurement, expense management and spend analysis. Proactively manage business spend with complete transparency, budget and policy compliance, and internal controls. Fraxion's mobile and easy-to-use solution automates procure-to-pay processes and drives smarter purchasing decisions, wherever you are.
Key features
- Policy and compliance management
- Invoice approval and 3-way matching
- RFQs, Capex and fixed asset management
- Vendor approval and management
- Expense manaagement and travel requests
- Spend analysis, reporting and audit trails
- Flexible approval workflows and advanced routing engine
- Vendor PunchOut catalogs and internal catalogs
- Document management, email notifications and in-app alerts
- Multi-currency, multi-company and multi-language
- Requisition-to-purchase order
- Real-time budget insight and controls
About Fraxion
Fraxion is a leading spend management software provider, offering cloud solutions for the effective management of purchasing, procurement, expenses and spend analysis across industries. Trusted by thousands of diverse mid-market organizations worldwide with over 200, 000 users, Fraxion's powerful all-in-one solutions enable proactive spend management. Effective as standalone solutions or integrated, for end-to-end procure-to-pay efficiency.
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