About Fraxion

Fraxion - formerly eRequester - leverages data to enable better decision making with real-time budget visibility and risk analytics. Enable spend without the risk, approval structures do the work and the policy and alerts engine manages compliance. Customers get mobile flexibility and intuitive simplicity in a powerful spend management suite.

Key benefits of Fraxion

  • Automate the entire purchase-to-pay process, from request creation to quoting, approvals, purchase order generation and invoice processing.
  • Remote access and ease of use enable productivity on-the-go and drives user adoption.
  • View real-time budgets at decision points and quantify the level of risk in purchases. Alerts notify you of policy contraventions.
  • Fraxion enables users to manage the entire accounts payable process, matching invoices to purchase orders and proof of delivery notes to avoid duplication, overspending or paying for undelivered items.
  • Spend analysis reports provide valuable insight into operational spending activities, promoting spend transparency and accountability.

  • Devices

    Business size

    S M L

    Markets

    Australia, Canada, United Kingdom, United States

    Supported Languages

    English, French, Spanish

    Images

    A complete cloud procurement solution for accountable requisition to PO processes, efficient expense management, invoice approval and AP workflow automation.
    Budget insight
    Catalog procurement
    Risk analysis
    Active policy management
    Invoice approval
    Advanced Business Intelligence tools
    View 8 more
    Fraxion video
    Fraxion screenshot: A complete cloud procurement solution for accountable requisition to PO processes, efficient expense management, invoice approval and AP workflow automation. Fraxion screenshot: Budget insight Fraxion screenshot: Catalog procurement Fraxion screenshot: Risk analysis Fraxion screenshot: Active policy management Fraxion screenshot: Invoice approval Fraxion screenshot: Advanced Business Intelligence tools

    Features

    Total features of Fraxion: 69

    • Access Controls/Permissions
    • Accounting Integration
    • Activity Dashboard
    • Alerts/Notifications
    • Approval Process Control
    • Approval Workflow
    • Asset Management
    • Audit Management
    • Audit Trail
    • Backup and Recovery
    • Budget Control
    • Budgeting/Forecasting
    • Cash Management
    • Cataloging/Categorization
    • Collaboration Tools
    • Compliance Management
    • Configurable Workflow
    • Contract/License Management
    • Customizable Templates
    • Data Connectors
    • Data Import/Export
    • Document Management
    • Document Storage
    • ERP
    • Electronic Submission
    • Expense Claims
    • Expense Tracking
    • Financial Analysis
    • Financial Management
    • Fixed Asset Management
    • Invoice Management
    • Invoice Processing
    • Multi-Company
    • Multi-Currency
    • Multi-Location
    • Order Processing
    • Policy Management
    • Pro Forma Invoices
    • Procurement Management
    • Project Accounting
    • Purchase Order Management
    • Purchasing & Receiving
    • Purchasing Reports
    • QuickBooks Integration
    • Quotes/Estimates
    • Real Time Data
    • Real Time Notifications
    • Receipt Management
    • Receiving/Putaway Management
    • Reimbursement Management
    • Reminders
    • Remote Access/Control
    • Reporting & Statistics
    • Reporting/Analytics
    • Request Assignment
    • Requisition Management
    • Role-Based Permissions
    • Sourcing Management
    • Spend Analysis
    • Spend Control
    • Spend Management
    • Status Tracking
    • Summary Reports
    • Supplier Management
    • Transaction History
    • Travel Management
    • User Management
    • Vendor Management
    • Workflow Management

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    Reviews

    Overall rating

    4,1 /5
    (35)
    Value for Money
    4,2/5
    Features
    4/5
    Ease of Use
    4,3/5
    Customer Support
    4,4/5

    Already have Fraxion?

    Software buyers need your help! Product reviews help the rest of us make great decisions.

    Write a Review!
    Showing 5 reviews of 35
    Jared C.
    Overall rating
    • Company size: 11-50 Employees
    • Used Daily for 6-12 months
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support

    Could not be happier with this software.

    Reviewed on 2018/01/23

    Pros

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

    Cons

    We are a project management company. eRequester (like most purchasing software) uses departmental approval routing. On projects, it would be nice if the approval routing could shift to a project basis, rather than departmental. It would need to pull who the project manager is from our ERP software, and set the routing to go to that person instead, so no small feat. But, that's my one complaint.

    Desmond W.
    Overall rating
    • Industry: Gambling & Casinos
    • Company size: 1 001-5 000 Employees
    • Used Daily for 1+ year
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 7.0 /10

    Needs more work on simple everyday features.

    Reviewed on 2020/07/14

    Mostly good with respect to the approval and request submission process

    Mostly good with respect to the approval and request submission process

    Pros

    The Approval flow process. The ease of submitting requests, and a few of the reports.

    Cons

    Simple Features like making change to a vendor, making change to delivery dates are not available features available, and it is a shame that they will develop such a good system and fail to consider very simple everyday things like these that people need to make things easy. And doing change orders after you cancel a previous one is not possible. The system needs more simple features for everyday users who make simple errors to correct them easily.

    Response from Fraxion

    Thank you for taking the time to share your feedback Desmond, we really appreciate it. We are pleased that the request and approval process, and reports are working well for you. We would like to have your Customer Success Manager work with you to identify some process improvement and additional training options, given that your Fraxion e solution, integrated with your accounting system does indeed have the features mentioned, although some of the requested activities should be done in the integrated accounting system. We can address the different needs that you mentioned to better leverage Fraxion for your International team. As part of your annual complimentary consulting review, we would also like to show you how Fraxion Prime's pricing model is designed to be much more scalable for a growing organization like yours. Your Customer Success Manager will be in touch to share more details with you.

    David S.
    Overall rating
    • Industry: Retail
    • Company size: 501-1 000 Employees
    • Used Daily for 2+ years
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 3.0 /10

    Prestige Cosmetics

    Reviewed on 2020/07/21

    Faster processing times, less time spent in the Finance department on processing and capturing, ...

    Faster processing times, less time spent in the Finance department on processing and capturing, correct approvals are in place.

    Negative experiences with regards to integration into our existing setup, implementation team was not very clued up on the integration, lack of communication and understanding of setup and implementation, no project manager or project management skills displayed

    Pros

    It is easy to use, with the cloud based version it is accessible from anywhere, and quite customisable on the user front with regards to approvals and workflows. Great data and document store

    Cons

    Integration and setup was extremely difficult, it did not integrate well into our existing setup, limitations on user rights in terms of reports, reporting could use alot of work to improve and add more value

    Response from Fraxion

    Thank you for your review, David. As we are committed to continually improving our product and processes, your feedback is much appreciated. We're glad that you find the product easy to use and that you're enjoying the accessibility that a cloud solution brings. It's great to hear your comments on the customizable user front end and the data and document digitization benefits you're seeing. We've heard the requests for improved reporting and are pleased to inform you that we will be releasing a new BI platform shortly. We're certain it will address your requirements with advanced analytics, dashboard views, and actionable insights. One of our consultants will contact you to provide more details as soon as it is available. We understand your concerns around integration challenges. As a fully cloud deployed solution, we constantly strive to find better and more cost-effective means of integrating into legacy on-premise accounting solutions to ensure a seamless user experience.

    Teneill J.
    Overall rating
    • Industry: Financial Services
    • Company size: 501-1 000 Employees
    • Used Daily for 2+ years
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 8.0 /10

    Upgrade Notice

    Reviewed on 2020/07/14

    Good, but when upgrades are implemented, there should be lead time and engagement with...

    Good, but when upgrades are implemented, there should be lead time and engagement with user(companies) to ensure better controls are in place should there be issues. Functionality should not be taken away only enhanced to increased. UAT Testing should be allowed with client testers before upgrades are completed. Each client/company has different needs and therefore should be catered to.

    Pros

    Easy to use application once you know the features.

    Cons

    Implementation of upgrades without consulting/involving companies/clients.

    Response from Fraxion

    Thank you for taking the time to post a review and provide us with feedback, Teneill. We always welcome constructive feedback as to how we can improve not only our product, but also our processes. We're so pleased that you're finding Fraxion easy-to-use and enjoying the features and functionality. With regards to new releases, we offer access to your own test environment where you will have the ability to thoroughly test and engage with us on any enhancements and/ or additions that might have an impact on your business before these are released to production (live). One of our professional services consultants will be contacting you to ensure that the many new exciting features available in our next release are seamlessly integrated into your existing business practices. Thank you.

    Robert S.
    Overall rating
    • Industry: Education Management
    • Company size: 201-500 Employees
    • Used Daily for 2+ years
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 9.0 /10

    Great Tool for Everyday Spend Management

    Reviewed on 2020/07/14

    Less paperwork in filing cabinets and paperless purchasing has been a wonderful change.

    Less paperwork in filing cabinets and paperless purchasing has been a wonderful change.

    Pros

    Our greatest feature has to be "Punchout". When we went live with it, everyone really started to enjoy it.

    Cons

    I would prefer someone from Fraxion to be onsite for setup with our IT group. We have all of the features and have yet to get them running due to some issues. Other than that, it is a great tool for us.

    Response from Fraxion

    Thank you for your valuable feedback and product review, Robert. We are so happy that you're enjoying Fraxion's PunchOut module and that paperless purchasing has been such a positive change for your business. Regarding an onsite implementation, we do offer this service and one of our Customer Success consultants will be in contact with you to discuss the details and options, post COVID-19 restrictions. We'd like to work with your team to get all of the features up and running to further enhance your spend management processes.

    Showing 5 reviews of 35 Read all reviews

    Fraxion FAQs

    Below are some frequently asked questions for Fraxion.

    Fraxion offers the following pricing plans:

    • Pricing model: Subscription
    • Free Trial: Available

    Per user pricing model. Contact Fraxion for detailed pricing information.

    We do not have any information about Fraxion features

    Fraxion has the following typical customers:

    51-200, 201-500, 501-1 000, 1 001+

    Fraxion supports the following languages:

    English, French, Spanish

    Fraxion supports the following devices:

    Fraxion integrates with the following applications:

    Acumatica Cloud ERP, Dynamics 365 Business Central, Microsoft Dynamics GP, QuickBooks Desktop Enterprise, QuickBooks Online Advanced, Quickbooks Online

    Fraxion offers the following support options:

    Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, 24/7 (Live rep), Chat

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