What Is Fraxion?

Powerful procure-to-pay solutions for proactive spend management. Trusted by cross-industry organizations worldwide to automate procurement workflows and manage requisition-to-PO processes and expenses with multi-level approvals, budget control, policy compliance, and AP workflow management, and spend analysis. Fraxion enables PunchOut and Catalog procurement with strategic vendors. Effective as standalone solutions or with seamless ERP integrations.

Who Uses Fraxion?

Fraxion is for businesses that require proactive management and automation of purchasing, PO, expense and approval workflows, with simplicity, 100% spend visibility, and embedded spend analytics.

Where can Fraxion be deployed?

Cloud, SaaS, Web-based, Mac (Desktop), Windows (Desktop), Linux (Desktop), Windows (On-Premise), Linux (On-Premise), Chromebook (Desktop), Android (Mobile), iPhone (Mobile), iPad (Mobile)

About the vendor

  • Fraxion
  • Located in Seattle, U.S.
  • Founded in 1999
  • Phone Support
  • 24/7 (Live rep)
  • Chat

Countries available

Albania, Algeria, Andorra, Angola, Australia and 109 others

Languages

English, French, Spanish

Fraxion pricing

Starting Price:

Not provided by vendor
  • Yes, has free trial
  • No free version

Fraxion does not have a free version but does offer a free trial. Fraxion paid version starts at N/A.

Pricing plans

About the vendor

  • Fraxion
  • Located in Seattle, U.S.
  • Founded in 1999
  • Phone Support
  • 24/7 (Live rep)
  • Chat

Countries available

Albania, Algeria, Andorra, Angola, Australia and 109 others

Languages

English, French, Spanish

Fraxion videos and images

Fraxion Software - Proactive spend management
Fraxion Software - Top-rated purchase requisitioning tool
Fraxion Software - Automated multi-level approval workflows
Fraxion Software - Easy mobile app purchase requests, expense claims, budget review, and approvals.
Fraxion Software - Automated purchase orders, invoice approval, receiving and 3-way matching
View 6 more
Fraxion video
Fraxion Software - Proactive spend management
Fraxion Software - Top-rated purchase requisitioning tool
Fraxion Software - Automated multi-level approval workflows
Fraxion Software - Easy mobile app purchase requests, expense claims, budget review, and approvals.
Fraxion Software - Automated purchase orders, invoice approval, receiving and 3-way matching

Features of Fraxion

  • Access Controls/Permissions
  • Activity Dashboard
  • Alerts/Notifications
  • Approval Process Control
  • Approval Workflow
  • Budgeting/Forecasting
  • Cataloging/Categorization
  • Compliance Management
  • Contract/License Management
  • Expense Tracking
  • Financial Reporting Software
  • Fixed Asset Management Software
  • Integration Management
  • Invoice Processing
  • Multi-Currency
  • Procurement Management
  • Purchase Order Management
  • Purchasing Reports
  • Quotes/Estimates
  • Real Time Data
  • Receipt Management
  • Reimbursement Management
  • Reporting & Statistics
  • Requisition Management
  • Spend Analysis
  • Spend Control
  • Spend Management Software
  • Supplier Management
  • Time & Expense Tracking
  • Vendor Management Software

Alternatives to Fraxion

Accrualify is a comprehensive spend management platform trusted by middle market and enterprise finance teams.
Spending management solution for smart teams. Manage your bank accounts, budgets, purchases, payment cards and invoices in one place.
Manage your direct & indirect purchasing on your own private procurement platform. Free version available. Learn more about Tradogram
iQuantum - AI/ML powered Global Corporate Procurement and Supplier Management Software.
A relevant Source-to-Pay software for product manufacturing companies.
JAMIS Prime is simply the most intuitive and agile project ERP solution for government contractors.
NetSuite, the world’s #1 cloud ERP, gives you the visibility and control you need to make smart decisions and grow with confidence. Learn more about NetSuite
Raptech SaaS ERP is the business management platform for organizations to automate business processes and get real-time analytics.
The #1 Purchase Approval App for Small Businesses!

Reviews of Fraxion

Average score

Overall
4.3
Ease of Use
4.3
Customer Service
4.5
Features
4.2
Value for Money
4.2

Reviews by company size (employees)

  • <50
  • 51-200
  • 201-1,000
  • >1,001

Find reviews by score

5
38%
4
51%
3
9%
2
2%
Jared C.
Jared C.
IT Director in U.S.
Verified LinkedIn User
11-50 Employees
Used the Software for: 6-12 months
Reviewer Source

Could not be happier with this software.

5 4 years ago

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.

Igsaan A.
Procurement System Specialist in South Africa
Hospital & Health Care, 201-500 Employees
Used the Software for: 2+ years
Reviewer Source

Fraxion Spend review

4 4 months ago

Comments: The experience if good.

Pros:

Easy of use. Easy to navigate. Access the system anywhere including on your mobile phone.

Cons:

Challenge with approval work flows and insolate them per module. Procurement policy cannot be mirrored in the system.

Alternatives Considered: Xero

Reasons for Switching to Fraxion: Because Fraxion had the modules that the Scheme required.

David L.
IT Manager in U.S.
Consumer Electronics, 11-50 Employees
Used the Software for: 2+ years
Reviewer Source

Great purchase/requisition system

5 last month New

Comments: Great company to work with, very flexible and helpful. Support always responded quickly and our [SENSITIVE CONTENT] was awesome.

Pros:

We needed a stand alone system to help manage our requisitions, get approvals, and create purchase orders. It was easy to create vendors and setup the approval workflow. Users liked the ease of creating requisitions and being able to see where the requisition was in the approval process. Email notifications were very helpful. Once approved, purchase orders were easy to share.

Cons:

The product feels a little out of date, but it did not distract from the functionality.

David S.
Financial Manager in South Africa
Retail, 501-1,000 Employees
Used the Software for: 2+ years
Reviewer Source

Prestige Cosmetics

3 2 years ago

Comments: 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

Fraxion Response

2 years ago

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.

Verified Reviewer
IT Procurement in U.S.
Verified LinkedIn User
Human Resources, 1,001-5,000 Employees
Used the Software for: 2+ years
Reviewer Source

IT Procurement

5 2 months ago

Comments: Great experience from an end user perspective.

Pros:

Very intuitive and easily to use tool it has all the information at your fingertips and the email notifications of what actions you take are very robust.

Cons:

It would be nice it they incorporated a more to robust spend management capabilities. Although I know there are standalone spend anaylitics tools out there.