--- title: "Blog" description: "Learn about tips, tricks, tools, and best practices on purchasing, procurement, and spend management. (12)" canonical: https://www.fraxion.biz/blog/author/fraxion/page/12 url: https://fraxion.getmd.ai/blog/author/fraxion/page/12.md last_converted: 2026-08-21T06:49:13.975Z --- ```json { "@context": "https://schema.org/", "@graph": [ { "@type": "SoftwareApplication", "name": "Fraxion", "image": "https://www.fraxion.biz/hubfs/Mercuric/fraxion-procurement-software-logo-color.svg", "description": "Fraxion is a mid-market procure-to-pay platform that helps finance teams control spending before money is committed, automate AP, and extend their existing ERP—without the complexity of an enterprise system.", "brand": { "@type": "Brand", "name": "Fraxion" }, "aggregateRating": { "@type": "AggregateRating", "ratingValue": "4.4", "bestRating": "5", "worstRating": "1", "ratingCount": "193", "reviewCount": "193" }, "review": { "@type": "Review", "name": "G2 User", "reviewBody": "It used to take me a month and a half just to enter invoices; now I can easily get through each one in about three to four minutes. Fraxion pulls in all the details—prices, quantities—so it's much easier to spot mistakes. 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Fraxion Jun 30, 2023 News ### What’s new in Fraxion: Insights operational efficiency dashboards New feature alert: Operational efficiency dashboards, the latest enhancements to Fraxion's embedded spend analytics tool, Insights. Fraxion Jun 28, 2023 Purchasing ### Overcoming procurement challenges: A comprehensive guide for purchasing managers A helpful guide for purchasing managers with actionable tips for overcoming procurement challenges to achieve process efficiency, compliance and... Fraxion Jun 1, 2023 eProcurement ### What is PunchOut? What is PunchOut? Find out everything you need to know about PunchOut catalogs and the benefits of implementing an eProcurement system with PunchOut. Fraxion Apr 20, 2023 Spend management ### How to fix budget control issues by improving spending process Strengthen budget control by improving your spending process. Learn the workflow fixes that reduce variances and how Fraxion provides real-time... Fraxion Mar 31, 2023 Spend management ### What is spend under management? What is spend under management? Discover what it means, why this metric matters, and the steps your organization can take to achieve it. Fraxion Mar 24, 2023 Spend management ### Recession planning: Why spend management matters Understand the importance of establishing policies, controls, and visibility using spend management software and how it can strengthen recession... Fraxion Mar 6, 2023 News ### What’s new in Fraxion: Budget overview New feature alert: Budget overview feature that guides and informs decision-making with real-time data at decision points for enhanced budget control. Fraxion Jan 31, 2023 News ### Fraxion recognized as a Spend Management FrontRunner on Software Advice Find out why Fraxion has been selected as a FrontRunner in the spend management software category on Software Advice. Read on for detailed... Fraxion Nov 2, 2022 [1](https://www.fraxion.biz/blog/author/fraxion/page/1) ... [11](https://www.fraxion.biz/blog/author/fraxion/page/11) [12](https://www.fraxion.biz/blog/author/fraxion/page/12) [13](https://www.fraxion.biz/blog/author/fraxion/page/13) ### Subscribe for updates and spend management insights Get our latest content, updates, and how-to resources delivered to your inbox.