Fraxion Spend Management
FRAXION PTY LTD
Fraxion Spend Management
FRAXION PTY LTD
Fraxion Spend Management
FRAXION PTY LTD
Procure-to-pay software for proactive 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.