--- title: "Fraxion" description: "Stop overspending, gain visibility and control over your company" canonical: https://www.fraxion.biz/spend-management-analytics url: https://fraxion.getmd.ai/spend-management-analytics.md last_converted: 2026-09-25T07:18:36.323Z --- ```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" } } } ] } ``` ![Fraxion Primary Reverse Logo](https://www.fraxion.biz/hs-fs/hubfs/Fraxion%20Primary%20Reverse%20Logo.png?width=180&height=53&name=Fraxion%20Primary%20Reverse%20Logo.png) # Gain spend oversight and unlock savings - Guide every decision, control every dollar, save more —**all in one platform**. - Manage spending across purchasing, expenses, AP, with advanced analytics and reporting. [Get a live demo](#form) ### Book a free demo ## Trusted by these leading organizations ![AXIS](https://www.fraxion.biz/hubfs/AXIS_Logo_Header_2x.png) ![](https://www.fraxion.biz/hubfs/Hotchkiss-wordmark-blue-1-1.png) ![US Space & Rocket Center](https://www.fraxion.biz/hubfs/OIP%20(6).png) - ![“](https://www.fraxion.biz/hubfs/%E2%80%9C.svg) #### We get a good return on investment “I’m a big fan of Fraxion, it’s really easy to use. With Fraxion, we enter the info in the system, even from remote locations. Everything goes through the approval process automatically. Most orders only take one to two minutes to complete. What’s more, Fraxion interfaces seamlessly with our finance system and maintains the full approval flow, so it’s easy for auditors to see that everything is correct. We get a good return on investment, that’s for sure.” **Associate Director of Operations, Biotechnology**Jason S. - ![“](https://www.fraxion.biz/hubfs/%E2%80%9C.svg) #### Fraxion curtails unauthorized spend “All items need to be fully approved on Fraxion in order for the purchase order to be generated. We will only make payment if there is a PO for the relevant supplier invoice. This has reduced the amount of unauthorized spend in the business.” **Group Financial Accountant**Lauren R. ![G2 rating-1](https://www.fraxion.biz/hubfs/G2%20rating-1.svg) - ![“](https://www.fraxion.biz/hubfs/%E2%80%9C.svg) #### Highly recommended for simplicity, approval management and faster processes “We're able to keep our costs down and have the peace of mind that requests are getting the right approvals. Auditing has been smoother since implementing Fraxion. We get great support from the consultants as well. We're really happy with the system and get a good return on investment.” **Information Technology**Kelly C. ![capterra rating](https://www.fraxion.biz/hs-fs/hubfs/capterra%20rating.png?width=178&height=41&name=capterra%20rating.png) - ![“](https://www.fraxion.biz/hubfs/%E2%80%9C.svg) #### Great tool for everyday spend management “Our greatest feature has to be PunchOut. When we went live with it, everyone really started to enjoy it.” ** Education Management, 201-500 employees**Robert S. ![capterra rating](https://www.fraxion.biz/hs-fs/hubfs/capterra%20rating.png?width=178&height=41&name=capterra%20rating.png) - ![“](https://www.fraxion.biz/hubfs/%E2%80%9C.svg) #### Excellent requisition solution “This software has been a huge improvement over our previous system and has greatly enhanced the efficiency of our process. It is easy to use for our Accounting department and end users. We looked at multiple other products but chose Fraxion because it had the strongest requisition ability.” **Controller**Steve R. ![capterra rating](https://www.fraxion.biz/hs-fs/hubfs/capterra%20rating.png?width=178&height=41&name=capterra%20rating.png) - ![“](https://www.fraxion.biz/hubfs/%E2%80%9C.svg) **Easy to use and accessible from anywhere** "Fraxion is an excellent database to refer to when needed, especially for auditing purposes. The customer support team is excellent.” **501 – 1,000 employees**Banking ![capterra rating](https://www.fraxion.biz/hs-fs/hubfs/capterra%20rating.png?width=178&height=41&name=capterra%20rating.png) - ![“](https://www.fraxion.biz/hubfs/%E2%80%9C.svg) **Very intuitive and easy to use tool** "Great experience from an end user perspective.” **1,001 – 5,000 employees**Human Resources ![capterra rating](https://www.fraxion.biz/hs-fs/hubfs/capterra%20rating.png?width=178&height=41&name=capterra%20rating.png) "> ![](https://www.fraxion.biz/hs-fs/hubfs/2026%20new%20badges.png?width=1000&height=141&name=2026%20new%20badges.png) ## Why you need spend management and analytics Struggling with limited control and visibility over your company's spend? Fragmented data an inaccurate reporting slowing you down? Fraxion gives finance teams real-time insights across purchasing, expenses, and AP, so you can spot savings, enforce policies, make proactive decisions, and stay audit-ready — all in one platform. ![check-circle](https://www.fraxion.biz/hubfs/check-circle.svg) ### Efficiency Simplify processes and save time with ease of use and adoption. ![dollar-sign-1](https://www.fraxion.biz/hubfs/dollar-sign-1.svg) ### Cost savings Proactively manage and analyze processes and spending to reduce your operational costs. ![search](https://www.fraxion.biz/hubfs/search.svg) ### Visibility & Insights Real-time visibility into processes and spending with granular insights and reporting to make informed, data-driven decisions and identify opportunities to save. ![smartphone](https://www.fraxion.biz/hubfs/smartphone.svg) ### Mobility Empower your team to spend responsibly wherever they are. Purchase, expense, review budget impact, and approve from anywhere. ![shield-1](https://www.fraxion.biz/hubfs/shield-1.svg) ### Control & compliance Ensure that all purchases are tracked, in budget, approved, and compliant with spending policies. ![users-2](https://www.fraxion.biz/hubfs/users-2.svg) ### Accuracy & auditability Accurate data and processing, centralized digital records, and complete audit trails. [Get a live demo](#form) ## SPEND MANAGEMENT SOFTWARE ## Simplify your processes ![like-inactive](https://www.fraxion.biz/hubfs/like-inactive.svg) ![like-active](https://www.fraxion.biz/hubfs/like-active.svg) ### Requisition-to-PO ![](https://www.fraxion.biz/hubfs/2%2012%20(1).webp) ### Simplify processes, speed up approvals - Easy web, mobile app or Microsoft Teams requisitioning - Select from approved vendors or submit new vendors for approval - Ensure accurate cost allocation - Approve instantly, anywhere - Create purchase orders from approved requests - Fast track PO processes and improve order accuracy - Centralize records and link POs to invoices for easy matching and receiving - Mobile PO visibility ![like-inactive](https://www.fraxion.biz/hubfs/like-inactive.svg) ![like-active](https://www.fraxion.biz/hubfs/like-active.svg) ### Budget & policy control ![](https://www.fraxion.biz/hubfs/Internal%20controls-1.webp) ### Stay compliant with ease - Custom approval workflows and delegation of authority - Review budget impact before approving requests - View available and committed budgets - Actively manage policy compliance with alerts and notifications ![like-inactive](https://www.fraxion.biz/hubfs/like-inactive.svg) ![like-active](https://www.fraxion.biz/hubfs/like-active.svg) ### AP automation ![](https://www.fraxion.biz/hubfs/AP.webp) ### Eliminate manual entry and costly errors Save time and improve accuracy with automated AP processes and reduce the risk of overpayment. - Email, drag and drop or upload invoices - Gain instant AI data extraction from single to multi-page invoices - Easy AI accuracy review - Simplify 2 or 3-way matching processes - Automate invoice approval - Eliminate variance and duplicate invoice risks ![like-inactive](https://www.fraxion.biz/hubfs/like-inactive.svg) ![like-active](https://www.fraxion.biz/hubfs/like-active.svg) ### Spend analysis ![](https://www.fraxion.biz/hubfs/analytics.webp) ### Gain visibility and control over your spending - Analyze and report on spend by employee, vendor, budgets, and transactions - Identify cost saving opportunities - Leverage community insights to benchmark your processes - Gain actionable insights to improve your processes and spending ![like-inactive](https://www.fraxion.biz/hubfs/like-inactive.svg) ![like-active](https://www.fraxion.biz/hubfs/like-active.svg) ### PunchOut & Catalog ![](https://www.fraxion.biz/hubfs/punchout%20(1).webp) ### Access vendor catalogs instantly — control every dollar - Connect eCommerce catalogs via PunchOut or PunchIn integration - Upload and self-manage approved vendor catalogs - All purchases are routed for approval with budget and policy checks. - Automate your PunchOut and Catalog purchase orders from approved requests. - Purchase from approved vendors at pre-negotiated prices ![like-inactive](https://www.fraxion.biz/hubfs/like-inactive.svg) ![like-active](https://www.fraxion.biz/hubfs/like-active.svg) ### Expense management ![](https://www.fraxion.biz/hubfs/Expense%20mngt.webp) ### Capture expenses instantly, anywhere Manage expenses, travel, cash advances, and per diems. - Capture expenses as the happen and snapshot receipts via the mobile app - Speed up reimbursements - Manage pre-approval of travel expenses - Ensure accountable spending and compliance with travel and expense policies ![](https://www.fraxion.biz/hubfs/2%2012%20(1).webp) ### Simplify processes, speed up approvals - Easy web, mobile app or Microsoft Teams requisitioning - Select from approved vendors or submit new vendors for approval - Ensure accurate cost allocation - Approve instantly, anywhere - Create purchase orders from approved requests - Fast track PO processes and improve order accuracy - Centralize records and link POs to invoices for easy matching and receiving - Mobile PO visibility ![](https://www.fraxion.biz/hubfs/Internal%20controls-1.webp) ### Stay compliant with ease - Custom approval workflows and delegation of authority - Review budget impact before approving requests - View available and committed budgets - Actively manage policy compliance with alerts and notifications ![](https://www.fraxion.biz/hubfs/AP.webp) ### Eliminate manual entry and costly errors Save time and improve accuracy with automated AP processes and reduce the risk of overpayment. - Email, drag and drop or upload invoices - Gain instant AI data extraction from single to multi-page invoices - Easy AI accuracy review - Simplify 2 or 3-way matching processes - Automate invoice approval - Eliminate variance and duplicate invoice risks ![](https://www.fraxion.biz/hubfs/analytics.webp) ### Gain visibility and control over your spending - Analyze and report on spend by employee, vendor, budgets, and transactions - Identify cost saving opportunities - Leverage community insights to benchmark your processes - Gain actionable insights to improve your processes and spending ![](https://www.fraxion.biz/hubfs/punchout%20(1).webp) ### Access vendor catalogs instantly — control every dollar - Connect eCommerce catalogs via PunchOut or PunchIn integration - Upload and self-manage approved vendor catalogs - All purchases are routed for approval with budget and policy checks. - Automate your PunchOut and Catalog purchase orders from approved requests. - Purchase from approved vendors at pre-negotiated prices ![](https://www.fraxion.biz/hubfs/Expense%20mngt.webp) ### Capture expenses instantly, anywhere Manage expenses, travel, cash advances, and per diems. - Capture expenses as the happen and snapshot receipts via the mobile app - Speed up reimbursements - Manage pre-approval of travel expenses - Ensure accountable spending and compliance with travel and expense policies ## Connect Fraxion with your financial business tools Fraxion complements and extends **these** **and more** accounting and ERP solutions with effective procurement management. Don't see your financial system here? Let's chat, we have various levels of automation for communicating with**all** accounting systems and ERPs. - - - - - - - ![featues-no-background](https://www.fraxion.biz/hs-fs/hubfs/featues-no-background.webp?width=1000&height=238&name=featues-no-background.webp) ## Spend smarter and save No more slow approvals, overspending, or duplicate payments — mid-size companies rely on Fraxion to streamline procurement and AP processes, increase accountability, and take control of spending across the organization. ![](https://www.fraxion.biz/hs-fs/hubfs/Frame%2020071.webp?width=664&height=325&name=Frame%2020071.webp) ## Book your custom demo today Get in touch to discuss your spend management needs. [Get a live demo](#form) ![KPI mobile](https://www.fraxion.biz/hs-fs/hubfs/KPI%20mobile.png?width=2000&height=1365&name=KPI%20mobile.png)