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Fraxion Pricing, Features, Reviews and Alternatives

Fraxion product overview

What is Fraxion?

Powerful procure-to-pay software for proactive spend management.

Key benefits of using Fraxion

  • 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.
  • View real-time budgets at decision points and quantify the level of risk in purchases. Alerts notify you of policy contraventions.
  • 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.
  • Typical customers

    Freelancers
    Small businesses
    Mid size businesses
    Large enterprises

    Platforms supported

    Web
    Android
    iPhone/iPad

    Support options

    FAQs/Forum
    24/7 (Live rep)
    Knowledge Base
    Chat
    Email/Help Desk
    Phone Support

    Training options

    In Person
    Documentation
    Live Online
    Videos
    Webinars

    Fraxion pricing information

    Value for money

    4.2

    /5

    40

    Price starts from

    No info

    Pricing options

    Free plan
    Subscription
    Free trial
    Pricing range

    Fraxion features

    Functionality

    4.1

    /5

    40
    Total Features60 6 categories

    Most valued features by users

    Reporting & Statistics
    Activity Dashboard
    Third Party Integrations
    Compliance Management
    Data Import/Export
    Alerts/Notifications
    Multi-Currency
    Customizable Reports

    Fraxion users reviews

    Overall rating

    4.2

    /5

    40

    Positive reviews

    88%

    Write a review
    Rating breakdown
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend8.03/10
    Rating distribution

    5

    4

    3

    2

    1

    15

    20

    4

    1

    0

    Pros
    My experience with Fraxion has been very good, great respond time whether for support or sales queries. Very professional helpful staff.

    KK

    Kimberly K.

    The approval flow that the product allows is very nice and easy to set up. The system setup is logical, easy and the administration of the system is very simple once the setup is complete.

    MH

    Melanie H.

    The implementation support was superb and the follow-up customer service was exceptional.

    ES

    Elbert S.

    Cons
    And doing change orders after you cancel a previous one is not possible. The system needs more simple features for everyday users who make simple errors to correct them easily.

    DW

    Desmond W.

    It was difficult to deploying the upgrade. Setting up structures and our GL was difficult.

    RM

    Robert M.

    Limited "quick" searches (vendor filters). Limited connectivity to other programs.

    ST

    Samone T.

    Overall Rating
    • Value for money
    • Ease of use
    • Features
    • Customer support

    Share this review:

    Could not be happier with this software.

    Reviewed 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.

    Overall Rating
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend10/10

    Share this review:

    Great software that greatly improved our Purchasing abilities.

    Reviewed 2 years ago

    We were on a paper system using Microsoft GP as our accounting software. We needed something that integrated with GP and was easy to implement and train. After a year researching various alternatives, we chose this software for cost, ease of implementation, and user friendliness. The implementation support was superb and the follow-up customer service was exceptional. We continues to expand into...

    Pros

    Ease of use and accessibility to our primary requester personnel. Integration and Interface to GP2015 simple and automated. Clearly defined rule sets based on both Levels and Supervisors. Flexible rule changes to meet changing requirements. Tracking of requisitions and follow-up on results. Special Projects tracking.

    Cons

    So far nothing. Any Minor issues at implementation were worked through and explained by the implementation team.

    Overall Rating
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend3/10

    Share this review:

    Prestige Cosmetics

    Reviewed a year ago

    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

    Vendor response

    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...

    Overall Rating
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend8/10

    Share this review:

    Procurement Management System User - Satisfied Customer

    Reviewed 2 months ago
    Pros

    Highly recommended as a product for procurement management. Our company has been using the product for several years! We find the system to be user friendly, effective and cost efficient. The product has been a key component in streamlining our procurement processes. The support team continues to provide effective and timely response assistance.

    Cons

    Some of the features need to be updated to allow users more options when processing request.

    Overall Rating
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend8/10

    Share this review:

    Fraxion since 2018

    Reviewed 4 months ago

    Approval of expenditure is quick and easy and ensures adherence to company policies and audit requirements.

    Pros

    Fraxion is easy to use and being able to quickly track the creation, submission and approval dates and times of requisitions and invoices eliminates confusion and excuses for not meeting deadlines. Integration with existing business processes was relatively easy, apart from one or two minor glitches.

    Cons

    The standard reports (dashboards) are not as useful to us as other reports would be, eg. a report that shows all invoices plus amounts linked to their respective purchase orders (history report, not only a 30 day report as is currently the case).

    Vendor response

    Elsabe, thank you so much for your review. It's great to know that your expense approvals are quicker and easier, and policies and audit requirements are under control with Fraxion. I'm pleased to inform you that during the month of August, 2021 you will have access to a new embedded spend analytics feature that will enable you to report on all requisitions, purchase orders and invoices for any time period you wish to analyze. We can certainly assist with building custom reports for you, if you have specific requirements. Your Account Manager will get in touch shortly to discuss your options. We appreciate your feedback, Elsabe.

    Fraxion FAQs and common questions

    Fraxion has the following pricing plans:
    Pricing model: Subscription
    Free Trial: Available


    Fraxion has the following typical customers:
    Large Enterprises, Mid Size Business, Non Profit, Public Administrations, Small Business


    Fraxion supports the following languages:
    Spanish, French, English


    Fraxion supports the following devices:
    Android, iPhone


    No, Fraxion does not have an API available.


    Fraxion integrates with the following applications:
    QuickBooks Online Advanced, QuickBooks Desktop Enterprise, Microsoft Dynamics 365 Business Central, QuickBooks Online, Acumatica Cloud ERP, Microsoft Dynamics GP


    Fraxion offers the following support options:
    FAQs/Forum, 24/7 (Live rep), Knowledge Base, Chat, Email/Help Desk, Phone Support

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