A procurement software from Fraxion.

About Fraxion

Fraxion takes the risk out of procurement processes, proactively managing spend and ensuring that all expenditure is approved and within budget. A complete cloud procure-to-pay suite for accountable purchase requisitioning with automated approvals, PO generation, expenses, travel, supplier, invoice approval and PunchOut with advanced analytics and budget insight.

Video Overview

Fraxion Features

  • Purchase requisitions
  • Purchase order generation
  • Approval workflows
  • Invoice approval
  • Expense claim management
  • Travel requisitions
  • Receipting & 3-way matching
  • Budget review
  • PunchOut
  • Catalogs
  • Capex requisitioning
  • Cash advances
  • Active policy management & Alerts
  • RFQs
  • ERP integrations
  • Mobile responsive UI

Product Overview

Market Focus

Ratio of reviewers by organization size.

Industry Focus

Ratio of reviewers by sector.

39%
39%
Government
30%
30%
Non-Profit
11%
11%
Consulting
11%
11%
Hospitality
8%
8%
Sports, Arts, & Entertainment

Similar Software

User Reviews of Fraxion

★★★★★
★★★★★
Submitted on January 27th, 2020 by Sean F from Cube Workspace

Fraxion gives me more transparency, so I can see everything I need to see. I don’t have to check up on people. So it definitely gives me a lot more time to do other things that I should be doing and allows me a level of peace of mind that the system is doing what it needs to do. I don’t have to rely on people to be amazing because the system is.

★★★★★
★★★★★
Submitted on January 27th, 2020 by Brad P from Biofire Diagnostics

We were able to start with the system with only 10 users and it has easily scaled with us to almost 400. It’s allowed us to save at least 4-5 jobs in purchasing.

★★★★★
★★★★★
Submitted on January 27th, 2020 by Theuns S from Zone Fitness

Fraxion requires that all operational/club level management follow the same procedure with regards to procurement, which creates uniform workflows, documentation and processes. This eases up the workload in the finance department due to the centralization of all requests and purchase orders. Audit trails, compulsory approval workflows and a vast record of historic procurement documentation allows for missing transactions and other queries related to procurement to be resolved without difficulty. Fraxion also scales well as we are continuously expanding as a company. Ease of use and simplicity of the system enables new users to phase into the workflow effortlessly.

★★★★★
★★★★★
Submitted on January 27th, 2020 by Jared C from The Production Network

Very intuitive interface. Most users were able to pick up how to use it with minimal training. Previously, in MS Dynamics SL the interface was so difficult people simply stopped submitting purchase order requests. With Fraxion, we have nearly 100% compliance.

★★★★★
★★★★★
Submitted on September 30th, 2019 by Brad P from Biofire Diagnostics

We were able to start with the system with only 10 users and it has easily scaled with us to almost 400. It’s allowed us to save at least 4-5 jobs in purchasing.

★★★★★
★★★★★
Submitted on September 30th, 2019 by Jared C from The Production Network

Very intuitive interface. Most users were able to pick up how to use it with minimal training. Previously, in MS Dynamics SL the interface was so difficult people simply stopped submitting purchase order requests. With Fraxion, we have nearly 100% compliance.

★★★★★
★★★★★
Submitted on June 4th, 2019 by GSTer

enter purchase request and enter charge code and method of payment- upload bill - approval email goes out. Request approved or denied. Record

The Good…

online record of bills

The Bad…

Search capability is almost non-existent. Filtering means 0 results. at best, I pull up ALL invoices for a year and move to excel and then search.

★★★★★
★★★★★
Submitted on February 19th, 2015 by Mark from EduK Group

This is a solid product for automating requisition and purchasing workflows and process. An excellent software choice for paperless automation. Product deals with routing and workflow quite well for a reasonable initial product cost.

I