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Fraxion

Fraxion

Overview

What is Fraxion?

Fraxion in Seattle offers spend management and procure-to-pay software solutions. Fraxion e (formerly eRequester) is designed to simplify and streamline spend management. On-premise or hosted, the solution gives users the tools to control and optimize business spend. Standalone or integrated…

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Recent Reviews

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Fraxion is a versatile expense and travel workflow management software that seamlessly integrates with ERP systems, eliminating the need …
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Pricing

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What is Fraxion?

Fraxion in Seattle offers spend management and procure-to-pay software solutions. Fraxion e (formerly eRequester) is designed to simplify and streamline spend management. On-premise or hosted, the solution gives users the tools to control and optimize business spend. Standalone or integrated with…

Entry-level set up fee?

  • No setup fee
For the latest information on pricing, visithttps://www.fraxion.biz/procurement…

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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What is SAP Concur?

SAP Concur is a SaaS expense report management product, and handles corporate travel booking, expense report automation, reimbursement, audit, and business intelligence, and corporate card integration.

What is Expensify?

Expensify automates the entire spend management process. Scan receipts, track mileage, submit and approve expenses, manage corporate cards, reimburse employees, pay bills, send invoices, and book travel. Built for individuals and companies of all sizes, anywhere in the world.

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Product Demos

Purchasing and eProcurement Software by Fraxion

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Product Details

What is Fraxion?

Procure-to-pay software for proactive spend management.

Fraxion's cloud-based solution assists finance teams to simplify processes, establish internal purchasing controls, and gain company-wide spend management by empowering all users to make informed, accountable spending decisions.

Fraxion drives procurement process efficiency by replacing manual, paper, email, and spreadsheet-based processes with automated workflows and transparent digital records that reduce the time, errors, and risk in purchasing processes.

Boasting users among mid-size companies across industries worldwide, Fraxion automates purchasing, expense, and accounts payable processes and provides advanced spend analytics and reporting power. Available as a standalone solution or integrated with ERP or accounting solutions.

Fraxion Features

  • Supported: Purchase requisitions
  • Supported: Automated purchase orders
  • Supported: Multi-level approval routing
  • Supported: Real-time budget tracking
  • Supported: Expense and travel requests
  • Supported: Reporting and spend analytics
  • Supported: PunchOut
  • Supported: Catalogs
  • Supported: Invoice approval
  • Supported: Mobile app
  • Supported: Change requests and approvals
  • Supported: Policy controls and alerts
  • Supported: AP automation

Fraxion Screenshots

Screenshot of the dashboard displaying analytics cards and an activity timeline, unique to each userScreenshot of Fraxion's requisition-to-purchase order automation and approval workflowsScreenshot of budget impact at decision points, available for reviewScreenshot of digital purchasing records, receiving and invoice matchingScreenshot of embedded spend analytics and reportingScreenshot of vendor approval, internal catalogs and PunchOut integrationsScreenshot of purchase, expense, and approvals on-the-goScreenshot of AP automation

Fraxion Video

Fraxion Competitors

Fraxion Technical Details

Deployment TypesOn-premise, Software as a Service (SaaS), Cloud, or Web-Based
Operating SystemsWindows, Linux, Mac
Mobile ApplicationApple iOS, Android, Mobile Web
Supported LanguagesEnglish, German, Spanish

Fraxion Customer Size Distribution

Consumers0%
Small Businesses (1-50 employees)20%
Mid-Size Companies (51-500 employees)70%
Enterprises (more than 500 employees)10%
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Comparisons

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Reviews

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

Fraxion is a versatile expense and travel workflow management software that seamlessly integrates with ERP systems, eliminating the need for manual intervention. Users have reported significant improvements in efficiency and organization compared to their previous manual paper request system. The software streamlines procurement processes and enhances service delivery, ensuring timely payments and keeping all departments in sync. Fraxion's user-friendly requisition and purchase order software meet the specific needs of different departments, providing a seamless and intuitive experience. By requiring full approval before generating purchase orders, Fraxion helps manage budget spend for all employees, reducing unauthorized expenses effectively. With compliance to the requirements of the Federal Acquisition Regulation, Fraxion simplifies the approval process of requisitions and ensures full procurement compliance. Users appreciate the time and money-saving benefits of going paperless by eliminating paperwork entirely. Moreover, Fraxion offers comprehensive features for tracking grant expenses and monitoring clinic budgets, enabling users to have better control over spending. The software also provides visibility of overall spend for the procurement team, facilitating better budget management and adherence to company policies and audit requirements. With its affordable pricing and easy-to-maintain workflow process, complemented by effective email alerts, Fraxion received positive feedback for its solid performance. Users also appreciate the swift support from the Fraxion team, which helps resolve any issues promptly. Overall, Fraxion empowers users to streamline procurement processes, involve more people in the purchasing process, and generate recurring or blanket purchase orders effortlessly.

Search Button: Reviewers find the search button on the home screen extremely helpful as it allows them to easily search for specific information such as order number or invoice number. Several users have stated that this feature saves them time and improves their overall experience with Fraxion.

User-Friendly Interface: Users appreciate the user-friendly interface of Fraxion, which caters to both technical staff and end users. The intuitive UI design and ease of navigation make it easy for users to quickly understand and utilize the software's features. Many reviewers have mentioned how they find it simple and straightforward to use.

System Support: The system support provided by the Fraxion Team is highly appreciated by users. Numerous reviewers have praised the prompt response and resolution of issues by the customer support team. This reliable assistance ensures a smooth experience with Fraxion, allowing users to effectively manage their procurement processes without any major obstacles or delays.

Frustrating System Updates: Some users have expressed frustration with the system's updates, which sometimes negatively affect their internal workflow. These updates have caused inconvenience and difficulties in performing tasks efficiently.

Limited Purchase Order Updating: Users find it inconvenient that they are unable to update a purchase order after a request has been submitted. This limitation hinders their ability to make necessary changes or corrections to orders.

Lack of Report Options: Many users would like to see more report options and upgraded reporting capabilities in the system. The current lack of variety and flexibility in generating reports limits their ability to analyze data effectively and make informed decisions.

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