Fraxion Software


 

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.

 

Fraxion - Dashboard
 
  • Fraxion - Dashboard
    Dashboard
  • Fraxion - Budget approval
    Budget approval
  • Fraxion - Analysis
    Analysis
  • Fraxion - Travel and expenses
    Travel and expenses
  • Fraxion - Approve or reject requests
    Approve or reject requests
  • Fraxion - Risk analysis
    Risk analysis
Supported Operating System(s):
Mac OS, Web browser (OS agnostic), Windows 10

4 Reviews of Fraxion

Showing 1-4 of 4

 

Start your review of Fraxion

Click to start
https://www.softwareadvice.com/accounting/fraxion-review/

Claudia from Efficient Group
Number of employees: 201-500 employees Employees number: 201-500 employees

August 2018

August 2018

Fraxion review

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support
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.

Review Source: Capterra
 

Khulelekile from Medshield Medical Scheme
Number of employees: 201-500 employees Employees number: 201-500 employees

August 2018

August 2018

Medshield Medical Scheme

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support
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)

Review Source: Capterra

  Response: Fraxion, Fraxion

Date: October 2018

October 2018

 

Hi Khulelekile, thank you for your feedback. I believe that Medshield is currently running our legacy, on-premise solution but considering an upgrade to our cloud solution. Our new version has vastly improved invoice matching functionality as well as many other enhancements. We look forward to upgrading you soon.

 

Sean from Cube Workspace
Number of employees: 11-50 employees Employees number: 11-50 employees

July 2018

July 2018

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

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support
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.

Review Source: Capterra
 

James from IDU
Number of employees: 51-200 employees Employees number: 51-200 employees

April 2018

April 2018

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

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support
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.

Review Source: Capterra