Fraxion

About Fraxion

Fraxion is a cutting-edge proactive spend management solution designed with mid-market businesses in mind. With Fraxion's requisition and procurement core and state-of-the-art approval, expense, and AP workflow management capabilities, businesses have the assurance of economic responsibility and policy compliance. Fraxion is a tried and tested platform, trusted by cross-industry businesses around the world and consistently rated highly by Gartner. Taking the hassle out of spend management, Fraxion makes things easier for teams of all sizes by ensuring that business spend is always tracked, approved, and within budget. Innovative and comprehensive, Fraxion has become essential for any business looking for maximum efficiency and cost savings.

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Pricing

Free Trial Not Available
Offers Custom plan.
View Detailed Pricing

Platforms Supported

Browser Based (Cloud)
Mobile App (Android, iOS)

Organization Types Supported

All (Small, Medium, Large)

API Support

Available

Modes of Support

Online

Fraxion Features

Show Feature Explanation

Budget Management

Analyzing financial information to ensure all operations are within budget

Invoice

Automates and manages billing and invoicing requirements of the users

Purchasing

Acquiring goods or services required for the business at minimal cost

Policy Management

Helps to design, maintain, update and report on policy status electronically so that it is easily accessible

Travel Management

Records and manage useful data and regulates travel activities of the enterprise or an individual

Expense Report

Generates an itemized report that tracks all expenses incurred in a given period.

Audit Management

Allows to complete audits and inspections on time

Approval Workflow

Allows you to route documents saved in SharePoint to one or multiple people for seeking their approval

Reports

Comes with reporting capabilities and features custom pre-built reports

Mobile App

Helps your team to stay top on the business everywhere

Risk Management

Fraxion Pricing

Free Trial

Not available

Pricing Options

Premium Plans ( Quotation Based )

Pricing Plans

Solution e Custom

On-premise or hosted spend management solution. Effective as a standalone solution or with real-time ERP integrations

Features

2 or 3-way invoice matching and approvals
Notifications and alerts
Blanket purchase orders
Budget review
Budget vs actuals
Business intelligence
Capex requests
Cash advances
Catalogs
Cloud-based
Configurable process workflows
Custom fields
Document attachments
Email approvals
ERP integrations
Expense management
Invoice approval
Mobile app
Multi-company
Multi-currency
Multi-language
Multi-level approval workflows
PO change orders
Policy management
Project accounting
PunchOut
Purchase orders
Purchase requisitions
Receipt of goods
Request for quotation
Security
Spend analytics
Travel requisitions
Vendor approvals

Prime Custom

True cloud spend management solution. Effective as a standalone solution or with seamless ERP integrations

Features

2 or 3-way invoice matching and approvals
Notifications and alerts
Blanket purchase orders
Budget review
Budget vs actuals
Business intelligence
Capex requests
Cash advances
Catalogs
Cloud-based
Configurable process workflows
Custom fields
Document attachments
Email approvals
ERP integrations
Expense management
Invoice approval
Mobile app
Multi-company
Multi-currency
Multi-language
Multi-level approval workflows
PO change orders
Policy management
Project accounting
PunchOut
Purchase orders
Purchase requisitions
Receipt of goods
Request for quotation
Security
Spend analytics
Travel requisitions
Vendor approvals

Screenshots of Vendor Pricing Page

Disclaimer: The pricing details were last updated on 18/06/2023 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.

Learn more about Fraxion Pricing