--- title: "Procure to pay software with spend analytics capabilities and embedded Power BI insights" description: "Discover Fraxion" canonical: https://www.fraxion.biz/features/spend-visibility-analytics-software url: https://fraxion.getmd.ai/features/spend-visibility-analytics-software.md last_converted: 2026-08-22T02:23:19.267Z --- ```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. It's made my job so much easier.", "reviewRating": { "@type": "Rating", "ratingValue": "5", "bestRating": "5", "worstRating": "1" }, "datePublished": "2026-03-12", "author": { "@type": "Organization", "name": "G2" }, "publisher": { "@type": "Organization", "name": "G2" } } } ] } ``` Insights # Turn purchasing and AP data into insights, action, and savings Fraxion combines procure-to-pay and spend analysis in one platform, using AI-driven insights to help Finance gain real-time control over purchasing and AP data from requisition to invoice, uncover savings opportunities, improve processes, and strengthen budget discipline. [Request a demo](https://www.fraxion.biz/get-a-demo) ![Fraxion Insights KPI dashboard ](https://www.fraxion.biz/hubfs/Frame%202118392018.webp) ![Finance professional reviewing request volume and approval-time benchmarks in Fraxion Insights](https://www.fraxion.biz/hubfs/website%20rebrand%202026/SPEND%20ANALYTICS/split-visual-composite.webp) ## Gain full visibility to improve spend control and uncover savings Effective spend control starts with visibility. Finance cannot manage or optimize what it cannot see. Without clear insight into spending, cost-cutting decisions can be misdirected and impact operations. Fraxion Insights gives Finance teams real-time visibility into purchasing and AP activity, creating a complete record of spend that supports smarter, data-driven decisions. Analyze spend by vendor, employee, budget, and transaction to quickly identify inefficiencies, improve spend control, and uncover savings opportunities. Benchmark performance against mid-market peers and top-performing Fraxion customers to understand where spend is optimized, where processes can improve, and where additional savings can be achieved. [Request a demo](https://www.fraxion.biz/get-a-demo) ## From high-level spend visibility to detailed analytics and reporting, ## Fraxion gives Finance the insights needed to control costs, improve efficiency, ## and make informed decisions. - [Vendor insights](#panel-main_content-module-12-1) - [Employee spend](#panel-main_content-module-12-2) - [Budget insights](#panel-main_content-module-12-3) - [Transactional insights](#panel-main_content-module-12-4) - [Operational efficiency](#panel-main_content-module-12-5) - [Compliance reports](#panel-main_content-module-12-6) - [KPI dashboard](#panel-main_content-module-12-7) ![Vendor insights dashboard showing budget, managed and unmanaged spend with top suppliers by spend](https://www.fraxion.biz/hs-fs/hubfs/Image%20(23).webp?width=2000&name=Image%20(23).webp) ### Vendor insights Make informed decisions, reduce supplier risk, and improve cost efficiency with complete insight into vendor spend. - Reduce supplier risk by identifying over-reliance on individual vendors - Improve cost control by uncovering unmanaged vs. managed spend leakage - Strengthen negotiating power with clear visibility into vendor usage and terms - Consolidate suppliers and improve value through data-driven vendor rationalization - Improve purchasing decisions using spend trends and category insights ![Fraxion employee spend dashboard showing requests, purchase orders, and invoices by employee](https://www.fraxion.biz/hubfs/Image%20(24).webp) ### Employee spend Improve budget discipline, reduce overspending, and strengthen financial control with clear insight into how employees are spending across the organization. - Reduce overspending by identifying high-cost employee purchasing patterns early - Improve budget control by tracking spend against allocations and cost centers - Strengthen financial accountability with visibility across requests, POs, and invoices - Optimize spending decisions using employee-level and departmental spend trends - Improve cost management by understanding spend distribution across the organization ![Fraxion budget tracking dashboard with actual, committed, and available budget](https://www.fraxion.biz/hs-fs/hubfs/Image%20(25).webp?width=2000&name=Image%20(25).webp) ### Budget and spend predictability Strengthen financial discipline and reduce overspending with real-time visibility into budget usage across the organization. - Prevent overspending by tracking spend against budgets in real time - Improve financial control by monitoring actual, committed, and available budget - Strengthen accountability across departments, cost centers, and business units - Improve budget planning and forecasting accuracy with full visibility into spend trends and consumption - Support better decision-making with clear insight into budget performance by period ![Fraxion transactional insights across requests, purchase orders, and invoices](https://www.fraxion.biz/hubfs/Image%20(22).webp) ### Transactional insights Improve financial control and purchasing performance with detailed insight into requests, purchase orders, and invoices across your organization. - Improve cost control by tracking requests, POs, and invoices in real time - Reduce unnecessary spend by identifying open POs and consolidating orders - Strengthen financial accuracy with visibility into commitments and PO accruals - Optimize purchasing decisions by analyzing top invoiced items and vendor usage - Improve efficiency by tracking order frequency, values, and turnaround times across teams ![Fraxion workflow performance dashboard for purchasing and AP processes](https://www.fraxion.biz/hubfs/website%20rebrand%202026/SPEND%20ANALYTICS/operational-efficiency-dashboard.webp) ### Operational efficiency Increase speed, reduce bottlenecks, and optimize process performance with clear insight into your purchasing and AP workflows. - Identify and eliminate approval and workflow bottlenecks - Reduce purchasing cycle times and turnaround delays - Improve efficiency by analyzing performance across each workflow stage - Benchmark process performance against Fraxion community insights - Reduce risk by tracking alert-triggering activity and policy exceptions in real time ![Fraxion compliance reporting with user access, approvals, and delegation of authority](https://www.fraxion.biz/hubfs/website%20rebrand%202026/SPEND%20ANALYTICS/compliance-reports-dashboard.webp) ### Compliance reports Reduce risk, and ensure policy compliance with full visibility into user access, approvals, and delegation of authority. - Improve compliance by monitoring employee access, roles, and permissions - Strengthen approval control with clear delegation of authority (DOA) oversight - Increase transparency with visibility into approval thresholds across users and groups - Reduce risk by tracking alert-triggering activity and policy exceptions in real time ![Fraxion KPI dashboard tracking purchasing behavior and workflow performance](https://www.fraxion.biz/hubfs/website%20rebrand%202026/SPEND%20ANALYTICS/kpi-dashboard.webp) ### KPI dashboard Improve cost control and operational efficiency with clear visibility into the metrics that drive purchasing behavior and workflow performance. - Improve vendor decisions by tracking usage trends and performance over time - Increase efficiency by monitoring approval times, conversion rates, and transaction volumes - Identify savings opportunities through analysis of ordering patterns and vendor activity - Benchmark performance against peer organizations to uncover improvement areas Insights ### Identify cost-saving opportunities Improve financial performance by identifying where spend can be reduced, optimized, and better controlled across the organization. Reporting tools ### Make informed decisions Gain real-time visibility into purchasing, AP, and spend with intuitive dashboards and flexible reports that enable faster, data-driven decisions, improved cost control, and efficiency. Business intelligence ### Gain actionable insights Spend and process performance analytics help Finance identify savings opportunities, benchmark performance against peer organizations, and access actionable tips to improve efficiency and strengthen spend control. ### Analyze Gain visibility into spend, purchasing, and AP activity to understand behavior and process performance. ### Identify Uncover inefficiencies, savings opportunities, and risks across vendors, employees, and budgets. ### Optimize Improve procure-to-pay performance by using data-driven insights to strengthen control, efficiency, and compliance. ### Save Reduce wasteful spend, inform decision-making, and realize sustainable savings. Stronger vendor negotiations ## Turn your purchasing history into stronger vendor negotiations Spend analytics gives you a record of historic vendor spending that you can use to negotiate better pricing and terms. - Rationalize your vendor base - Optimize spend - Channel spend to top-performing vendors - Improve your negotiating position - Consolidate purchase orders - Qualify for reduced pricing, more favorable payment terms, and volume discounts ![](https://www.fraxion.biz/hubfs/website%20rebrand%202026/SPEND%20ANALYTICS/vendor-negotiations-blob-panel.webp) ![](https://www.fraxion.biz/hubfs/website%20rebrand%202026/Icons/quote-cyan.svg) ## Spend intelligenceI would definitely recommend Fraxion to anyone who has a very manual, time-consuming procurement system. You’ll really appreciate the user friendliness, the quick learning curve and the features. You’ll simplify your workflow and have a history of all your transactions on your system. AJ ConnowayHead of Business Intelligence | Health & Fitness Clubs ## From requisition to payment, complete spend intelligence Request a demo to explore how better visibility, control, and insights can improve spend management and uncover savings opportunities. [Book a demo](https://www.fraxion.biz/get-a-demo) ![Fraxion budget visibility at approval stage](https://www.fraxion.biz/hubfs/Frame%202118392214%20(1).webp) ## FAQs Learn more about the benefits of spend analysis. ### What is spend analysis? Spend analysis is the process of collecting, cleansing, categorizing, and analyzing an organization’s spend data to gain insights into its purchasing patterns, vendor performance, and potential cost-saving opportunities. ### Why is spend analysis important for businesses? Spend analytics helps businesses make data-driven decisions by providing insights into where and how money is being spent. It can uncover cost-saving opportunities, improve vendor negotiations, enhance compliance, and reduce risks. ### What type of data is typically analyzed in spend analytics? Spend analytics typically involve analyzing data related to purchase orders, invoices, vendor information, budgets, and transactional data. It may also include data on spending and procurement processes. ### How can spend analytics benefit finance teams? Spend analytics empower finance teams with the data and insights they need to optimize spending, mitigate risks, ensure compliance, and make informed financial decisions that contribute to the overall financial health and success of the organization. ### Is spend analytics only for large enterprises? No, spend analytics can benefit organizations of all sizes. Small and mid-sized businesses can also gain valuable insights into their spending patterns and identify opportunities for cost savings and process improvement. [Get in touch](https://www.fraxion.biz/get-a-demo)