Fraxion software


4 reviews(3.5/5)
4 reviews(3.5/5)

Fraxion is a cloud-based spend management solution that helps users automate the purchase lifecycle. Key features include expense claims management, travel and expenses, accounts payable and more.

Fraxion’s spend management tools include configurable spending rules that enable users to authorize expenditures before they are incurred. Fraxion also helps users manage request creation, quoting, approvals, purchase order generation and invoice processing

The software helps users to track where purchases were made as well as purchase prices. Users can submit claims from a mobile device, including receipts and supporting documents. The reimbursement process can be configured based on company policy rules and approval thresholds.

Pricing is per month. Support is provided over the phone, via email and through an online help desk.

Supported Operating System(s):
Mac OS , Web browser (OS agnostic) , Windows 10

4 Reviews of Fraxion

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  • Claudia from Efficient Group

    Number of employees: 201-500 employees

    August 2018

    Fraxion review

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money
    Pros

    Workflow is easy to understand and PO gets approved within minutes.

    Cons

    Initial set-up is time consuming. Intergration with accounting software causes some delays.

    This review was submitted organically. No incentive was offered
    Review Source: Capterra
  • Khulelekile from Medshield Medical Scheme

    Number of employees: 201-500 employees

    August 2018

    Medshield Medical Scheme

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money
    Pros

    Most functions are user friendly.
    You can keep a record of all Procurement transactions on Fraxion.

    Cons

    The pay function is not functioning or meeting the expected outcomes , instead it is more of a mission to use this function ( matching payments made to correct invoices)

    This review was submitted organically. No incentive was offered
    Review Source: Capterra
  • Sean from Cube Workspace

    Number of employees: 11-50 employees

    July 2018

    Fraxion has been a great tool for our business to digitize our purchasing process.

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money
    Pros

    Cost effective and largely functional off the shelf. Enables decentralisation of this function to our various branches.

    Cons

    Does not integrate with Sage evolution natively. Issues have arisen caused by date formatting dependant on browser and system settings. Some issues with the order in which users perform certain functions or else workflow does not function correctly.

    This review was submitted organically. No incentive was offered
    Review Source: Capterra
  • James from IDU

    Number of employees: 51-200 employees

    April 2018

    An excellent solution that resolves the disjointed processes typically involved in procurement.

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money
    Pros

    The application is very affordable. State of the art technology and well thought out features help make this product a pleasure to use. Being cloud based is a big plus, as there are no concerns around installation and upgrades of the software.

    Cons

    There are no cons. The system delivers a solid workflow process that is easy to maintain and use. The email alerts work extremely well. The supporting documentation tools are great.

    This review was submitted organically. No incentive was offered
    Review Source: Capterra
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