Fraxion Software

4.06 / 5 (31)

Our advisors have recommended this product 4 times in the last 30 days

About Fraxion

Fraxion provides complete spend management solutions for purchase requisitioning, expense management, procurement and spend analysis.

Fraxion’s true cloud solution is as feature-rich as it is intuitive - don’t compromise on functionality or simplicity, choose Fraxion’s turnkey cloud solutions – integrating mobility, a modern UI and an in-depth spend management suite for complete operational spend control and analysis.

The solution enables mobile purchase requisition-to-purchase order functionality with advanced approval routing, quoting, invoice approval and 3-way matching capabilities.

Configure your company policies and actively manage compliance. Fraxion’s advanced spend analytics enable dashboard views of spen...


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Supported Operating System(s):

Mac OS, Web browser (OS agnostic), Windows 10

31 Reviews of Fraxion

Average User Ratings

Overall

4.06 / 5 stars

Ease-of-use

4.0

Value for money

4.0

Customer support

4.5

Functionality

4.0

Ratings Snapshot

5 stars

(8)

8

4 stars

(18)

18

3 stars

(4)

4

2 stars

(1)

1

1 stars

(0)

0

Likelihood to Recommend

Not likely

Very likely

Showing 1 - 5 of 31 results

January 2018

Jared from The Production Network

Verified Reviewer

Company Size: 11-50 employees

Time Used: Less than 12 months

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

January 2018

Could not be happier with this software.

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.

July 2020

Desmond from Tensar International

Company Size: 1,001-5,000 employees

Industry: Gambling & Casinos

Time Used: Less than 2 years

Review Source: Capterra


Ease-of-use

4.0

Value for money

3.0

Customer support

4.0

Functionality

2.0

July 2020

Needs more work on simple everyday features.

Mostly good with respect to the approval and request submission process

Pros

The Approval flow process. The ease of submitting requests, and a few of the reports.

Cons

Simple Features like making change to a vendor, making change to delivery dates are not available features available, and it is a shame that they will develop such a good system and fail to consider very simple everyday things like these that people need to make things easy. 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.

Response from Fraxion

Replied July 2020

Thank you for taking the time to share your feedback Desmond, we really appreciate it. We are pleased that the request and approval process, and reports are working well for you. We would like to have your Customer Success Manager work with you to identify some process improvement and additional training options, given that your Fraxion e solution, integrated with your accounting system does indeed have the features mentioned, although some of the requested activities should be done in the integrated accounting system. We can address the different needs that you mentioned to better leverage Fraxion for your International team. As part of your annual complimentary consulting review, we would also like to show you how Fraxion Prime's pricing model is designed to be much more scalable for a growing organization like yours. Your Customer Success Manager will be in touch to share more details with you.

July 2020

David from The Prestige Cosmetics Group

Company Size: 501-1,000 employees

Industry: Retail

Time Used: More than 2 years

Review Source: Capterra


Ease-of-use

4.0

Value for money

4.0

Customer support

2.0

Functionality

3.0

July 2020

Prestige Cosmetics

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

Reasons for Choosing Fraxion

There were no other alternatives that we explored.

Response from Fraxion

Replied July 2020

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 the requests for improved reporting and are pleased to inform you that we will be releasing a new BI platform shortly. We're certain it will address your requirements with advanced analytics, dashboard views, and actionable insights. One of our consultants will contact you to provide more details as soon as it is available. We understand your concerns around integration challenges. As a fully cloud deployed solution, we constantly strive to find better and more cost-effective means of integrating into legacy on-premise accounting solutions to ensure a seamless user experience.

July 2020

Teneill from Maitland Group

Company Size: 501-1,000 employees

Industry: Financial Services

Time Used: More than 2 years

Review Source: Capterra


Ease-of-use

4.0

Value for money

4.0

Customer support

3.0

Functionality

4.0

July 2020

Upgrade Notice

Good, but when upgrades are implemented, there should be lead time and engagement with user(companies) to ensure better controls are in place should there be issues. Functionality should not be taken away only enhanced to increased. UAT Testing should be allowed with client testers before upgrades are completed. Each client/company has different needs and therefore should be catered to.

Pros

Easy to use application once you know the features.

Cons

Implementation of upgrades without consulting/involving companies/clients.

Response from Fraxion

Replied July 2020

Thank you for taking the time to post a review and provide us with feedback, Teneill. We always welcome constructive feedback as to how we can improve not only our product, but also our processes. We're so pleased that you're finding Fraxion easy-to-use and enjoying the features and functionality. With regards to new releases, we offer access to your own test environment where you will have the ability to thoroughly test and engage with us on any enhancements and/ or additions that might have an impact on your business before these are released to production (live). One of our professional services consultants will be contacting you to ensure that the many new exciting features available in our next release are seamlessly integrated into your existing business practices. Thank you.

July 2020

Robert from The Hotchkiss School

Company Size: 201-500 employees

Industry: Education Management

Time Used: More than 2 years

Review Source: Capterra


Ease-of-use

5.0

Value for money

4.0

Customer support

5.0

Functionality

5.0

July 2020

Great Tool for Everyday Spend Management

Less paperwork in filing cabinets and paperless purchasing has been a wonderful change.

Pros

Our greatest feature has to be "Punchout". When we went live with it, everyone really started to enjoy it.

Cons

I would prefer someone from Fraxion to be onsite for setup with our IT group. We have all of the features and have yet to get them running due to some issues. Other than that, it is a great tool for us.

Response from Fraxion

Replied July 2020

Thank you for your valuable feedback and product review, Robert. We are so happy that you're enjoying Fraxion's PunchOut module and that paperless purchasing has been such a positive change for your business. Regarding an onsite implementation, we do offer this service and one of our Customer Success consultants will be in contact with you to discuss the details and options, post COVID-19 restrictions. We'd like to work with your team to get all of the features up and running to further enhance your spend management processes.