What is Fraxion?

What is Fraxion? Leading procure-to-pay software for proactive spend management. Mid-sized companies worldwide trust Fraxion to manage requisition-to-PO, expense and approval processes, enable AP workflow management, and spend analysis.

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Key Features of Fraxion

Here are the powerful features that make Fraxion stand out from the competition. Packed with innovative tools and advanced functionalities, this software offers a range of benefits.

  • 3PL
  • Absentee Bidding
  • Accounting Integration
  • Allocation
  • Approval Process Control
  • Asset Management
  • Auction Management
  • Auction Website
  • Automatic Formatting
  • Barcode Scanning
  • Barcoding
  • Bid Management
  • Bidder Management
  • Billing & Invoicing
  • Budget Management
  • Buy Now Option
  • Buyer Notifications
  • Calendar Management
  • Catalog Creation
  • Catalog Management
  • Check Printing
  • Collaboration
  • Compliance Management
  • Contact Management
  • Content Library
  • Content Management
  • Content repository
  • Contract Management
  • Cost Tracking
  • Cross Selling Functionality
  • Custom Product Attributes
  • Customizable Catalogs
  • Data Import / Export
  • Data Management
  • Desktop Publishing
  • Document Management
  • Due date tracking
  • Duplicate Payment Alert
  • Dutch Auction
  • Electronic Data Interchange
  • English Auction
  • Expense Management
  • Expiration Date Management
  • Financial Management
  • Forecasting
  • Forward Auction
  • General Ledger Entry
  • Global Sourcing Management
  • International Forwarders
  • Inventory Management
  • Invoice Management
  • Invoice Processing
  • Item Management
  • Knowledge Library
  • Local Forwarders
  • LTL Management
  • Multi-Currency
  • Online Auction
  • Online Bidding
  • Order Fulfillment
  • Order Management
  • Pipeline Management
  • Pricing Management
  • Process/Workflow Automation
  • Procurement Management
  • Product Comparison
  • Progress Tracking
  • Proxy Bidding
  • PunchOut
  • Purchase Order
  • Purchase Order Management
  • Purchasing
  • Rate Management
  • Real Time Order Entry
  • Receipt Management
  • Receipt Upload
  • Receiving
  • Reimbursement Management
  • Remote Order Entry
  • Reorder Management
  • Reporting/Analytics
  • Requirements Management
  • Requisition Management
  • Requisitions & Approvals
  • Reserve Price
  • Reverse Auction
  • Revision Management
  • RFP Creation
  • RFP Management
  • RFP Responding
  • Rfx Management
  • Sealed Bid Auction
  • Search
  • Serial Number Tracking
  • Shipping Management
  • SKU / UPC codes
  • Sourcing Management
  • Spend Analysis
  • Spend Control
  • Spend Management
  • Supplier and Purchase Order Management
  • Supplier Management
  • Supplier Qualification
  • Supplier Risk Management
  • Supplier Web Portal
  • Supply Management
  • Task Management
  • Template Management
  • Templates
  • Truckload Management
  • Usage Tracking
  • Vendor Management
  • Version Control
  • Workflow Management
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  • Approval Workflow
  • Audit and Compliance Management
  • Automated Purchase Order Generation
  • Budget Control and Allocation
  • Budgeting and planning
  • Contract Management
  • Contract Negotiation and Compliance
  • Cost Reduction Initiatives
  • Demand Forecasting
  • Expense Management
  • Expense Tracking and Reimbursement
  • Inventory Management and Optimization
  • Invoice Management
  • Invoice Processing and Payment
  • Mobile Access and Expense Capture
  • Payment Terms and Conditions
  • Price and Discount Management
  • Purchase Order Management
  • Purchase order tracking
  • Purchase Request Approval
  • Purchase Requisition Management
  • Receiving and Goods Inspection
  • Spend Analysis and Reporting
  • Spend Visibility and Analytics
  • Supplier Collaboration Portal
  • Supplier Onboarding and Evaluation
  • Supplier Performance Tracking
  • Supplier Relationship Management
  • Travel and Expense Management
  • Vendor Management
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  • 3rd Party Integrations
  • Approval Workflow
  • Approval workflows
  • Asset Management
  • Auction Management
  • Audit Trail
  • Bid Management
  • Billing & Invoicing
  • Budget Management
  • Budgeting and forecasting
  • Budgeting/Forecasting
  • Catalog Management
  • Checklists & Inspections
  • Compliance and Audit Trails
  • Compliance Management
  • Contract Lifecycle Management
  • Contract management
  • Document Management
  • Electronic Data Interchange (EDI) Support
  • Electronic Statements
  • Expense Management
  • Financial Reporting
  • Goods Receipt
  • Integration Management
  • Integration with ERP Systems
  • Inventory Management
  • Invoice Approval
  • Invoice Management
  • Invoice Presentment
  • Invoice Processing
  • Mobile Access
  • Order Management
  • Payment Processing
  • Payment Terms Management
  • Procurement
  • PunchOut
  • Purchase Management
  • Purchase Order Approval
  • Purchase Order Generation
  • Purchase Order Management
  • Purchase Requisition Approval
  • Purchase Requisition Management
  • Receiving
  • Receiving and Inspection
  • Reporting and Analytics
  • Requisitions & Approvals
  • Rfx Management
  • Sourcing Management
  • Spend Analysis
  • Spend Management
  • Supplier collaboration
  • Supplier Management
  • Supplier Onboarding
  • Supplier Performance Tracking
  • Supplier Portal
  • Three-Way Matching
  • Vendor Management
  • Workflow Automation
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Fraxion Specifications

Get a closer look at the technical specifications and system requirements for Fraxion. Find out if it's compatible with your operating system and other software.

Deployment :
Cloud Based
Subscription Plan :
Monthly, Yearly
Accessibility :
Mobile Support
Desktop Platforms :
Web app
Language Support :
English
Business :
SMBs
Agencies
Enterprises
Available Support :
Email
Phone
Live Support
Training
Fraxion Categories on SoftwareSuggest :
Integrations :
  • QuickBooks
  • Microsoft Dynamics GP
  • Microsoft Dynamics BC
  • Microsoft Dynamics NAV
  • Sage 100
  • Sage 200
  • Sage 300
  • Sage Evolution
Company Details :
Company Name : Fraxion
Headquarter : Seattle
Website : Visit Website
Full Address : 1000 Second Avenue, Suite 2500, Seattle, Washington 98104

Fraxion Description

Here's the comprehensive description of Fraxion. Gain a brief understanding of its unique features and exceptional benefits.

What is Fraxion?

Fraxion is a leading provider of procure-to-pay solutions for proactive spend management. 

The solution is trusted by mid-sized companies worldwide to automate procure-to-pay processes, provide complete spend visibility, and to guide and inform purchasing decisions.

Simplify purchasing, expenses, and approvals with Fraxion's user-friendly web and mobile applications. Simplify and fast-track requisition-to-purchase order processes, automate PO generation from approved requests, email purchase orders directly from the system, and submit and approve change order requests. Manage supplier take-on, attach documents and automate multi-level approval workflows for streamlined processing and risk mitigation.

Capture expenses on-the-go, snapshot receipts and attach to claims using the mobile app, submit and approve requests wherever you are. Ensure policy compliance and speed-up reimbursement processes. 

Empower informed decision-making. With Fraxion, authorized users can view real-time budgets, and gauge the impact of spend before it is incurred. Analyze and report on spend by employee, budget, and supplier and gain transactional spending insights with Fraxion's business intelligence and reporting power. 

Fast-track accounts payable processes with invoice capture and approvals, exception alerts, and two or three-way matching capabilities.

Ensure spending policy compliance - notifications and alerts flag potential risks. Audit trails provide complete spend transparency and improve auditability.

Simplify purchasing from approved suppliers via internal catalogs and PunchOut catalog integration. Leverage requisitioning, approval workflows, and automated purchase order generation capabilities for purchasing efficiency and proactive control.

Deploy Fraxion as a standalone procure-to-pay solution or integrate it with your ERP/ accounting system.

Spend smarter and save with Fraxion.

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Alternatives of Fraxion

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Fraxion FAQs

What apps do Fraxion integrate with?

Fraxion integrates with various apps:

  • QuickBooks
  • Microsoft Dynamics GP
  • Microsoft Dynamics BC
  • Microsoft Dynamics NAV
  • Sage 100
  • Sage 200
  • Sage 300
  • Sage Evolution

What are the top 5 features for Fraxion?

The top 5 features for Fraxion are:

  • Asset Management
  • Expense Management
  • Supplier and Purchase Order Management
  • Reimbursement Management
  • Vendor Management

What type of customer support is available from Fraxion?

The available support which Fraxion provides is:

  • Phone
  • Email
  • Live support
  • Training
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