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Fraxion

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Software Status:Active

About Fraxion

Fraxion is a procure-to-pay software platform from Fraxion that supports proactive spend management. It combines purchase requisitions, purchasing workflow, budget control, and purchase orders so users can gain visibility, compliance, and efficiency in their procurement processes. Additionally, it offers accounts payable automation for simplified financial operations. This all-in-one suite allows organizations to manage their purchasing activities with greater control and insight. Key capabilities: purchase requisitions purchasing workflow budget control purchase orders AP automation Best for: businesses and organizations that need improved spend management and procurement efficiency.

Fraxion Details

Vendor
Fraxion - Fraxion Software
Year Launched
1999
Location
600 1st Avenue, Suite 500E Seattle, Washington 98104
Deployment
cloud, on premise, windows, linux, ios, android
Training Options
demo
Countries Served
All Countries
Languages
English
Users
Manager, Accountant, Purchasing Agent, Procurement Specialist, Finance Director
Industries Served
Healthcare, Education, Finance, Retail
Tags
Expense Report, Spend Management, Procure to Pay, Procurement, Purchasing

Fraxion's In-App Market Place

Does Fraxion have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

1

Mini Apps

N/A

Pricing Options

Free trial
Free version
Request a quote
Promo Offer

Accepted Payment Currencies

USD ($)

Pros & Cons

  • Covers the entire procure-to-pay cycle, from purchasing and expense reporting to approvals and receiving.
  • Many users praise the platform for its ease of use and simple navigation, requiring minimal training.
  • Seamlessly integrates with numerous accounting and ERP systems, including Microsoft Dynamics, Sage, and QuickBooks.
  • Provides dedicated mobile apps for employees to manage expenses and for managers to approve requests on the go.
  • Features automated approval workflows with multi-level controls to ensure accountability and speed up processes.
  • Helps enforce purchasing policies, prevent off-contract spending, and track budget compliance.
  • As a spend management tool, it is not a comprehensive ERP for broader business processes like manufacturing or HR.
  • While offering strong integrations, some custom or advanced integrations may require additional configuration or effort.
  • Some initial setup and configuration of complex workflows may have a learning curve.
  • Pricing varies based on the plan and needs, and some online reviews list different prices, suggesting custom or regional variations.

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