Fraxion

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Procure-to-pay software

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Fraxion Evaluation Snapshot

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User RatingNot rated yet
Starting PricePer User
Free TrialNot specified
Free VersionNo
APINot specified
DeploymentCloud Hosted, Deployment Type
HeadquartersUnited States
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Product Overview

Fraxion Overview

Product description, media, company details, support, training, deployment, customer size, languages, and industries.

About Fraxion

Fraxion is a leading developer of procure-to-pay, accounts payable (AP), accounts receivable (AR), and document management solutions. With over 20 years of innovation, Fraxion empowers organizations worldwide to save time, reduce operational costs, and improve efficiency. Highly rated for ease of use, customer support, and functionality, Fraxion enables accountable, compliant, and auditable processes from requisition to payment.

Its comprehensive suite includes: purchase requisitions and custom approvals, budget and policy control, purchase order automation, receiving and three-way matching, invoice approvals, AP automation, AR automation, spend analytics and reporting, document management, PunchOut and PunchIn, internal catalogs, expense management, and ERP/accounting system/Teams integrations. 

Empower your team to spend responsibly—anytime, anywhere—with Fraxion.
Company Fraxion
Founded 1999
Headquarters United States
Employees 51-100

Support

24x7 Support Email Phone Chat Knowledge Base FAQs/Forum

Training

In-person Live Online Webinar Documentation Videos

Licensing & Deployment

Proprietary Cloud Hosted On-Premise Web-Based iPhone Android Windows Linux

Typical Customers

Self-Employed Small-Business Midsize-Business
Languages Supported 4 languages available
English French Portuguese Spanish
Industries Served 6 industries available
Agriculture Education Management Financial Services Food & Beverages Non-profit Organization Management Retail
Category-Based Capabilities

Fraxion Features

Each category combines the selected software category, its category-specific description, and the features assigned to that category.

Accounts Payable Software 18 selected features Open category ↗

Fraxion’s accounts payable automation software streamlines invoice capture, approval, and payment processing with AI-powered accuracy. Replace manual entry and paper-based workflows with intelligent document automation to improve cash flow visibility and eliminate delays. Designed for finance teams, Fraxion enhances compliance, accountability, and vendor satisfaction while reducing costs and human error.

Invoice Processing Approval Process Control Electronic Payments Vendor Management Expense Tracking Tax Calculation Compliance Management Fraud Detection Document Management Multi-Currency Receipt Management ACH Payment Processing Recurring Payments Duplicate Payment Alert Purchase Order Management PO Reconciliation Supplier Management Artificial Intelligence
Expense Management Software 19 selected features Open category ↗

Fraxion enables organizations to control, track, and analyze business expenses with ease. Automate approval workflows, enforce compliance with corporate policies, and eliminate manual data entry to save time and reduce risk. With built-in budget visibility and digital audit trails, finance teams gain full transparency and control across every transaction and expense.

Audit Trail Reimbursement Management Policy Management Multi-Currency Real Time Notifications Compliance Management Expense Claims Real Time Updates Reporting & Statistics Fraud Detection Receipt Management Electronic Payments Spend Control Time & Expense Tracking Invoice Management Approval Process Control Accounting Integration Activity Dashboard Artificial Intelligence
Procure to Pay Software 10 selected features Open category ↗

Fraxion delivers a comprehensive procure-to-pay solution that seamlessly connects procurement and accounts payable on a single, cloud-based platform. Automate requisitions, purchase orders, invoice approvals, and payments while maintaining full budget control and compliance. With AI-powered efficiency and audit-ready transparency, Fraxion eliminates manual tasks, reduces costs, and accelerates financial performance organization-wide.

Financial Reporting Vendor Management Integration Management Compliance Management Contract Lifecycle Management Budgeting/Forecasting Inventory Management Order Management Billing & Invoicing Artificial Intelligence
Procurement Software 15 selected features Open category ↗

Fraxion simplifies procurement with a secure, cloud-based solution that automates requests, approvals, and purchasing workflows. Empower teams to buy compliantly within budget, gain real-time visibility into organizational spend, and eliminate manual paperwork. Designed for accountability, efficiency, and control, Fraxion ensures every purchase is authorized, transparent, on-budget, and aligned with company goals.

Receiving Invoice Processing Spend Analysis Spend Control Purchase Order Management Spend Management Supplier Management Approval Process Control Fixed Asset Management Vendor Management Quotes/Estimates Requisition Management Cataloging/Categorization Budgeting/Forecasting Artificial Intelligence
Purchasing Software 17 selected features Open category ↗

Fraxion streamlines purchasing from requisition to order creation through user-friendly, automated workflows. Employees can easily submit purchase requests, track approvals, and ensure compliance with policies and budgets. By reducing maverick spending, data entry errors, and process delays, Fraxion delivers complete visibility, speed, and control within a single, scalable purchasing platform.

Supplier Management Activity Dashboard Compliance Management Budgeting/Forecasting Inventory Management Reporting & Statistics Alerts/Notifications Order Management Multi-Currency Data Import/Export Sourcing Management Workflow Management Real-Time Data Access Controls/Permissions Purchasing Reports Approval Process Control Artificial Intelligence
Spend Management Software 11 selected features Open category ↗

Fraxion empowers organizations to gain complete visibility and control over all company spend. Automate approvals, enforce budget thresholds, and capture real-time spend data to identify cost-saving opportunities. With advanced analytics, reporting, and role-based controls, Fraxion drives better financial governance, efficiency, and transparency across departments, vendors, and distributed teams, wherever they are.

Spend Control Approval Workflow Procurement Management Prepaid Cards Spend Analysis Multi-Currency Receipt Management Budgeting/Forecasting Supplier Management Expense Tracking Artificial Intelligence
Pricing Information

Fraxion Pricing

Pricing type, currency, trial availability, payment frequency, destination links, and package-level starting prices.

Pricing Type Per User
Preferred Currency USD ($)
Free Trial NA
Free Version NA
Payment Frequency Monthly Subscription
Alternative Products

Top Fraxion Alternatives

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Frequently Asked Questions

Fraxion FAQs

Answers generated from approved profile information, selected options, packages, integrations, support, training, deployment, and devices.

Fraxion is a leading developer of procure-to-pay, accounts payable (AP), accounts receivable (AR), and document management solutions. With over 20 years of innovation, Fraxion empowers organizations worldwide to save time, reduce operational costs, and improve efficiency. Highly rated for ease of use, customer support, and functionality, Fraxion enables accountable, compliant, and auditable processes from requisition to payment.

Its comprehensive suite includes: purchase requisitions and custom approvals, budget and policy control, purchase order automation, receiving and three-way matching, invoice approvals, AP automation, AR automation, spend analytics and reporting, document management, PunchOut and PunchIn, internal catalogs, expense management, and ERP/accounting system/Teams integrations. 

Empower your team to spend responsibly—anytime, anywhere—with Fraxion.

  • No, Fraxion does not offer a free version.

  • No, Fraxion does not offer any free trial.

  • Fraxion supports the following payment frequencies:

    • Monthly Subscription

  • No, Fraxion does not offer an API.

  • Fraxion offers support with the following options:
    • 24x7 Support , Email , Phone , Chat , Knowledge Base , FAQs/Forum

  • Fraxion offers training with the following options:
    • In-person , Live Online , Webinar , Documentation , Videos

  • Fraxion supports the following languages:
    • English , French , Portuguese , Spanish

  • Following are the typical users of the Fraxion:
    • Self-Employed , Small-Business , Midsize-Business

  • Fraxion supports the following deployment:
    • Cloud Hosted , On-Premise

  • Fraxion supports the following devices and operating systems:
    • Web-Based , iPhone , Android , Windows , Linux
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