Fraxion Spend Management

Easily track, manage and analyze your spend with Fraxion. Mid-size companies worldwide trust Fraxion to automate purchasing, expense, and accounts payable processes with complete visibility, analytics, and proactive control.

Drive accountable, policy-compliant spending across the entire company. Start saving time and reducing operational costs with Fraxion's user-friendly, mobile, and integration-ready solution.

Fraxion empowers finance teams to manage procurement with simplicity and complete auditability:

· Automate and simplify requisition to purchase order processes company-wide.

· Buy, claim, and approve from any location, using Fraxion’s mobile app.

· Review budget impact at decision points.

· Establish internal purchasing policies and guide your team to compliant and accountable spending.

· Centralize internal controls, approvals, and digital purchasing records.

· Streamline AP processes with seamless AP automation, powered by Microsoft Azure AI Document Intelligence.

· Extract invoice line item data from single to multi-page documents.

· Simplify invoice matching and automate invoice approvals.

· Gain complete visibility and leverage embedded Microsoft Power BI-driven spend analytics and reporting tools.

· PunchOut to vendor catalogs or host internal catalogs.

· Manage expense claims, per diems, and travel.

· Complement and extend your accounting system with seamless integrations.

With Fraxion, all purchases are tracked, approved, policy compliant, and on budget.