About Fraxion

Fraxion is the trusted procure-to-pay suite for mid-size companies worldwide. Automate purchasing, expense, and AP processes with complete visibility, analytics, and proactive control.

Gain audit transparency with digital records and empower accountable, policy compliant spending company-wide. Start saving time and reducing your operational costs with Fraxion’s easy, mobile and integration-ready solution.

Ensure that all business spend is tracked, approved, policy compliant, and in budget.

Pricing starting from:

Not provided by vendor

  • Free Version
  • Free Trial
  • Subscription

Key benefits of Fraxion

  • Automate the entire requisition-to-PO process with vendor approval, document uploads, custom approval workflows to auto-generating POs from approved requests and auto-emailing to vendors within seconds.
  • View real-time budgets and gauge the impact of spend at decision points.
  • Automate AP processes from invoice intake, AI line item data extraction and invoice matching to approvals.
  • Analyze your spend with advanced AI-powered analytics and reporting power
  • Host internal catalogs or integrate vendor catalogs with PunchOut
  • Connect your ERP/ accounting solution via seamless integrations
  • Typical Customers

    • Freelancers
    • Small Businesses (2-50)
    • Mid-size Companies (51-500)
    • Large enterprises (500 and more)

    Deployment

    • Cloud-based
    • On-premise

    Markets

    Albania, Algeria, Andorra, Angola, Australia and 108 others

    Supported Languages

    English, French, German, Portuguese, Spanish

    Pricing starting from:

    Not provided by vendor

    • Free Version
    • Free Trial
    • Subscription

    Images

    Fraxion Software - Dashboard displaying analytics cards and an activity timeline, unique to each user
    Fraxion Software - Requisition to purchase order automation, with budget review and multi-level approval workflows
    Fraxion Software - Real-time budget visibility at decision points
    Fraxion Software - AI-powered AP automation, invoice matching and invoice approvals.
    Fraxion Software - Mobile app-enabled purchase requisitions, POs, expenses, budget review, approvals, and receiving.
    Fraxion Software - Analyze spend by vendor, location, transaction, budget, and employee.
    Fraxion Software - Embedded spend analytics, community insights and reporting power
    Fraxion Software - Digital purchasing records, receiving, vendor rating, invoice matching and invoice approvals.
    Fraxion Software - Vendor approval, internal catalogs and PunchOut integrations
    View 10 more
    Fraxion video
    Fraxion Software - Dashboard displaying analytics cards and an activity timeline, unique to each user
    Fraxion Software - Requisition to purchase order automation, with budget review and multi-level approval workflows
    Fraxion Software - Real-time budget visibility at decision points
    Fraxion Software - AI-powered AP automation, invoice matching and invoice approvals.
    Fraxion Software - Mobile app-enabled purchase requisitions, POs, expenses, budget review, approvals, and receiving.
    Fraxion Software - Analyze spend by vendor, location, transaction, budget, and employee.
    Fraxion Software - Embedded spend analytics, community insights and reporting power
    Fraxion Software - Digital purchasing records, receiving, vendor rating, invoice matching and invoice approvals.
    Fraxion Software - Vendor approval, internal catalogs and PunchOut integrations

    Features

    Total features of Fraxion: 73

    • API
    • Access Controls/Permissions
    • Accounting Integration
    • Activity Dashboard
    • Ad hoc Reporting
    • Alerts/Notifications
    • Approval Process Control
    • Approval Workflow
    • Audit Trail
    • Budget Control
    • Budgeting/Forecasting
    • Catalog Management
    • Collaboration Tools
    • Compliance Management
    • Configurable Workflow
    • Contract/License Management
    • Customizable Fields
    • Customizable Reports
    • Customizable Templates
    • Data Import/Export
    • Document Management
    • Document Storage
    • ERP integration
    • Expense Claims
    • Expense Tracking
    • Financial Analysis
    • Financial Management
    • Financial Reporting
    • Fixed Asset Management
    • Fraud Detection
    • General Ledger
    • Integration Management
    • Invoice Management
    • Invoice Processing
    • Mobile Access
    • Mobile Receipt Upload
    • Multi-Currency
    • Multi-Location
    • Policy Management
    • Process/Workflow Automation
    • Procurement Management
    • Project Accounting
    • Purchase Order Management
    • Purchase Order Reconciliation
    • Purchasing & Receiving
    • Purchasing Reports
    • Quotes/Estimates
    • Real-Time Analytics
    • Real-Time Data
    • Real-Time Notifications
    • Real-Time Reporting
    • Real-Time Updates
    • Receipt Management
    • Receiving
    • Reimbursement Management
    • Reminders
    • Reporting & Statistics
    • Reporting/Analytics
    • Requisition Management
    • Rules-Based Workflow
    • Search/Filter
    • Sourcing Management
    • Spend Analysis
    • Spend Control
    • Spend Management
    • Status Tracking
    • Supplier Management
    • Third-Party Integrations
    • Time & Expense Tracking
    • Transaction History
    • User Management
    • Vendor Management
    • Workflow Management

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    Reviews

    Overall rating

    4.4 /5
    (61)
    Value for Money
    4.3/5
    Features
    4.3/5
    Ease of Use
    4.4/5
    Customer Support
    4.6/5

    Already have Fraxion?

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

    Showing 5 reviews of 61
    Jared
    Jared
    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.

    Caron
    Overall rating
    • Industry: Publishing
    • Company size: 51–200 Employees
    • Used Weekly for 2+ years
    • Review Source

    Overall rating

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

    Fraxion Review 'A worthwhile product to invest in'

    Reviewed on 2024/03/26

    The experience has been good. The support received is almost immediate and they are extremely...

    The experience has been good. The support received is almost immediate and they are extremely helpful. Monthly check-ins are great. Initially there were a few integration issues, but it was sorted immediately. Very happy with the product. Seamless integration with our ERP system. Very few issues. I would highly recommend this product. The changes are done frequently and always relevant.

    Pros

    It is easily accessible from anywhere.

    Cons

    Having to delete a purchase order if the invoice differs from the original purchase order sent to supplier.

    David
    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.

    Gary
    Overall rating
    • Industry: Health, Wellness & Fitness
    • Company size: 501–1,000 Employees
    • Used Daily for 2+ years
    • Review Source

    Overall rating

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

    Fraxion Uodate

    Reviewed on 2024/02/27

    Pros

    Program works well with my company. Sufficient enough.

    Cons

    Nothing at all do I have a problem with.

    Fajemilua
    Overall rating
    • Industry: Farming
    • Company size: 11–50 Employees
    • Used Daily for 6-12 months
    • Review Source

    Overall rating

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

    Super efficient software

    Reviewed on 2024/03/25

    The software is very good for management of procurement process

    The software is very good for management of procurement process

    Pros

    Ease of authorization adjustable procedure.

    Cons

    Mobile app not super compare to laptop version.

    Showing 5 reviews of 61 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.

    Fraxion has the following typical customers:

    11–50, 51–200, 201–500, 501–1,000, 1,001–5,000

    Fraxion supports the following languages:

    English, French, German, Portuguese, Spanish

    Fraxion supports the following devices:

    Android (Mobile), iPhone (Mobile), iPad (Mobile)

    Fraxion integrates with the following applications:

    Acumatica Cloud ERP, Dynamics 365 Business Central, Microsoft Teams, NetSuite, QuickBooks Desktop, QuickBooks Online, Sage 100, Sage 200, Sage 200 Evolution, Sage 300cloud, Sage 500, Sage Intacct, Xero

    Fraxion offers the following support options:

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

    Related categories

    See all software categories found for Fraxion.