Fraxion Spend Management Pricing, Features, Reviews & Comparison of Alternatives

Fraxion Spend Management

Cloud solution for business spend and process efficiency

4.1/5 (20 reviews)

Fraxion Spend Management overview

Fraxion's cloud-based spend management suite streamlines expense control, purchasing, policy compliance, risk management, and spend analysis with a range of features including expense claim management, catalog procurement, supplier management, travel and expenses, invoicing to payment, business intelligence, contract management, timesheets, and more. As a cloud-based solution, Fraxion is fully mobile and accessible on smart devices.

Fraxion helps users to simplify purchasing and procurement processes by automating the entire purchase-to-pay process and electronically managing request creations, quoting, approvals, purchase order generation and invoice processing. Fraxion records all purchasing transactions, with full audit trails, promoting accountability and responsible spending. Expense claim automation features enable users to create and submit claims with ease; electronic submissions are supported by document upload capabilities for receipts, as well as any supporting documents. Remote access enables users to submit and approve expense claims on the go, via mobile devices.

Fraxion provides tools to automate and manage the entire accounts payable process. Control local and international travel expense processes, from request creation to invoice processing and travel itinerary generation. Fraxion’s travel and expenses module links all requests to the original travel transaction for complete cost visibility. Business intelligence technology such as spend tracking, trend analysis and forecasting give users accurate insight into spending activities and help users make informed decisions, mitigating the risk of overspending. Fraxion allows users to configure company policies and approval hierarchies, as well as access detailed audit trails and real-time data.
www.spendmanagement.com

Pricing

Starting from
$20/month
Pricing options
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States, Australia, Canada, Europe, Middle-East and Africa, United Kingdom

Supported languages

English
Fraxion Spend Management screenshot: Solutions that guarantee savingsFraxion Spend Management screenshotFraxion Spend Management screenshotFraxion Spend Management screenshotFraxion Spend Management screenshotFraxion Spend Management screenshot

Fraxion Spend Management reviews

Value for money
Features
Ease of use
Customer support
  4.3
  3.9
  4.2
  4.5
Henk van der Watt

Frax review

Used daily for 2+ years
Reviewed 2019-01-29
Review Source: Capterra

Ease of access - on multiple devices, replaces old (physical) paper process, multiple users able to transact, history of requests - functions as a great database to refer to when needed, exporting function (to multiple formats) replaces manual capturing for budgeting purposes, custom function provides great flexibility.

Read the full review

AJ Connoway

Fraxion - Zone Fitness

Used daily for 1-2 years
Reviewed 2018-11-16
Review Source: Capterra

When we initially started we had more than sufficient training and since we've been using CSR, the support has been swift and issues were resolved within a matter of hours. Overall the experience with Fraxion and dealing with the team and the software has been positive.

Read the full review

Anita Uchimura

Time saver, generates clear & clean-looking purchase orders.

Used daily for 2+ years
Reviewed 2018-06-14
Review Source: Capterra

Time savings. Ability to involve more people in the purchasing process.

Read the full review

Graig Tuschong

Overall good product and price. Has been a favorable experience and has helped our organization.

Used daily for 6-12 months
Reviewed 2018-05-24
Review Source: Capterra

See previous part of survey for this answer.

Read the full review

Jared Clifton

Could not be happier with this software.

Used daily for 6-12 months
Reviewed 2018-01-23
Review Source: Capterra

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.

Read the full review

Fraxion Spend Management pricing

Starting from
$20/month
Pricing options
Subscription
View Pricing Plans

Per user pricing model. Contact Fraxion for detailed pricing information.

Fraxion Spend Management features

Activity Dashboard
Compliance Management
Expense Tracking
Invoice Management
Invoice Processing
Real Time Data
Reporting & Statistics

API (189 other apps)
Accounting Integration (130 other apps)
Accounting Management (125 other apps)
Automatic Notifications (116 other apps)
Billing & Invoicing (131 other apps)
Customizable Reporting (101 other apps)
Data Import/Export (110 other apps)
Electronic Payments (118 other apps)
Financial Analysis (89 other apps)
Multi-Currency (112 other apps)
Receiving (96 other apps)
Third Party Integration (120 other apps)
Workflow Management (92 other apps)

Additional information for Fraxion Spend Management

Key features of Fraxion Spend Management

  • Catalog management
  • Spend management
  • Request creation
  • Accounts payable management
  • Travel itinerary generation
  • Local & international travel requests
  • Risk management
  • Expense claim management
  • Policy compliance
  • Spending tracking
  • Budget management
  • Claims management
  • Compliance management
  • Claim submissions
  • Financial control
  • Forecasting
  • Invoice management
  • Invoice processing
  • Quoting
  • Real time data
  • Spend analysis
  • Transaction records
  • Trend analysis
  • Purchasing management
  • Receipt management
  • Travel & expenses
  • Expense claims
  • Business intelligence
  • Reimbursement management
  • Requisitions & approvals
  • Spend management
  • Remote access
  • Document management
  • Collaboration tools
  • Policy management
View All Features

Benefits

Automate the entire purchase-to-pay process, from request creation to quoting, approvals, purchase order generation and invoice processing.
Remote access and ease of use enable productivity on-the-go and drives user adoption.
Automate the travel expense process, from request creation to invoice processing and travel itinerary generation.
Fraxion enables users to manage the entire accounts payable process, matching invoices to purchase orders and proof of delivery notes to avoid duplication, overspending or paying for undelivered items.
Spend analysis reports provide valuable insight into operational spending activities, promoting spend transparency and accountability.