Last Updated
Overview
Fraxion centralizes spend management and procure-to-pay processes for finance and procurement teams. With features like budget control, AP automation, and analytics, it improves visibility and enforces compliance. Filters in reports are sometimes insufficient; however, its dashboards and real-time insights make informed financial decisions more efficient across organizations.
Overall Rating
Based on 58 users reviews
4.4
Rating Distribution
Positive
88%
Neutral
12%
Negative
0%
Starting Price
Custom
Fraxion Specifications
- Expense Tracking
- Budgeting And Forecasting
- Invoice Management
- Audit Trails
What Is Fraxion?
Fraxion is a cloud-based spend management and procure-to-pay platform designed for finance, procurement, and operations teams seeking stronger purchasing control. The software offers features such as requisition management, AP automation, budget oversight, and approval workflows. It streamlines purchasing processes, enforces policy compliance, and provides real-time visibility into organizational spend.
By centralizing requests, approvals, and financial controls in a single system, Fraxion helps businesses reduce manual work, minimize errors, and maintain consistent oversight of all spending activities.
How Much Does Fraxion Cost?
Fraxion Integrations
The software integrates with the following accounting / ERP solutions:
- QuickBooks
- Xero accounting solution
- Microsoft Dynamics
- Sage
- NetSuite
It also supports:
- Vendors: 50+ PunchOut catalog integrations
- Messaging app: Microsoft Teams
Who Is Fraxion For?
Fraxion serves a wide range of mid-size companies in diverse industries, including:
- Agriculture
- Wineries
- Healthcare & Life Sciences
- Education
- Non-profit
- Government agencies
- Natural resources
- Fintech
- Property management
Is Fraxion Right For You?
Fraxion is built for mid-size organizations ready to take control of spend while simplifying procurement and accounts payable. If manual processes, errors, and compliance gaps are slowing you down, Fraxion brings structure, automation, and visibility to every stage of spend.
Whether you need standalone AP automation, a procurement solution, or a complete procure-to-pay suite, Fraxion adapts to your needs — and scales as you grow. With real-time spend visibility, AI-powered automation, and advanced analytics, you can accelerate approvals, reduce errors, uncover savings opportunities, and stay audit-ready with confidence.
Delivered as a unified, cloud-based platform, Fraxion eliminates procurement and AP bottlenecks, strengthens internal controls, and prevents unauthorized spend — giving your team proactive financial oversight instead of reactive cleanup.
Still not sure if Fraxion is right for you? Contact our customer support team at (661) 384-7070, who will help you make the best decision.
Fraxion Features
Purchase requisition-to-PO
Simplify your requisition process — with vendor approvals, budget visibility, cost center accuracy, and project or fund tracking. Route requests through single- or multi-level approval workflows to trigger automated POs instantly, creating a seamless, compliant, and fully auditable process from end-to-end.
Internal controls
Built-in internal controls guide purchases to comply with company policies, provide real-time budget visibility at decision points, and ensure every process leaves a digital audit trail with centralized records — keeping spend compliant, transparent, and fully auditable.
AP automation
AI-powered AP automation — faster invoice processing, fewer errors, and better cash flow with Fraxion. Extract invoice data, review, match, and approve invoices effortlessly while improving cash flow and efficiency.
Mobile app
Empower your team to spend responsibly wherever work happens. Fraxion's mobile app support purchasing, expenses, budget impact review, approvals, PO visibility, receiving, and invoice approvals on-the-go.
PunchOut & Catalog
Access 50+ PunchOut integrations or host internal catalogs, simplifying purchasing with approved vendors and negotiated rates — all fully tracked, within budget, and compliant with company policies.
Spend analysis & reporting
The software provides comprehensive spend analysis by vendor, budget, employee, and transactions. Interactive dashboards reveal trends, uncover inefficiencies, and benchmark performance against peer organizations. This visibility helps teams identify cost-saving opportunities, eliminate waste, and make informed, data-driven financial decisions across the business.
Expense management
Easy expense management with additional capabilities to manage pre-approvals for travel requests, per diems, and cash advances.
Pros And Cons of Fraxion
Pros
Enables strong audit and reporting for decision-making
Provides accessible, secure, and easy-to-use interface
Simplifies tracking and forecasting company spending
Cons
Cannot modify cancelled purchase orders
The user interface may confuse new users
Fraxion Reviews
Total 58 reviews
4.4
All reviews are from verified customers
Rating Distribution
5
Stars52%
4
Stars36%
3
Stars10%
2
Stars2%
1
Stars0%
Share your experience
Broadcast Media, 500+ employees
More than a year
“This Works for What I Need”
Pros
When our billing department uploads invoices, I find it easy to locate the specific ones I need. I haven't explored all the features of the software yet, but in my role, I rely on Centreviews to access information for my Marketing Consultants. So far, I haven't encountered any issues with its usability.
Cons
The only issue I have come across is when trying to find an invoice. If I enter just the advertiser name without specifying an invoice number or date to see all invoices for that advertiser, the "First" and "Last" tabs in the navigation list don't work.
Rating Distribution
Ease of use
8
Value for money
8
Customer Support
8
Functionality
8
Marketing and Advertising, 51-100 employees
Less than a year
“Centerview Review”
Pros
The system was so easy to use which provide use multiple ways to view notes, documents and the payment process.
Cons
It would be beneficial to have an additional search option to look for invoices based on the note left for an account. More customized search options would be welcome.
Rating Distribution
Ease of use
7
Value for money
7
Customer Support
7
Functionality
7
Retail, 51-100 employees
Less than a year
“Centreviews”
Pros
I am glad that I don't have to maintain physical copies of all my paperwork.
Cons
Site navigation can be clunky, and the document view doesn't always function as desired. The "Begins with" option isn't particularly helpful.
Rating Distribution
Ease of use
8
Value for money
8
Customer Support
8
Functionality
7
Frequently Asked Questions
What language does Fraxion support?
English, Spanish, French, and Portuguese.
What level of support does Fraxion offer?
Yes, Fraxion provides live and email support, plus customers have access to a comprehensive knowledge base with tutorial videos, release notes, and product guides.
Is Fraxion SOC 2 compliant?
Yes, Fraxion is SOC 2 compliant.
Who are the typical users of Fraxion?
Fraxion serves a wide range of industries, including agriculture, wineries, education, government agencies, healthcare, natural resources, non-profit, fintech, and property management.
Does Fraxion offer spend analysis?
Yes, Fraxion offers an embedded advanced spend analytics and reporting tool, Insights. Analyze spend by vendor, employee, budget, and transaction. Track KPIs, benchmark against community insights, and gain actionable tips to improve processes
What other apps does Fraxion integrate with?
Fraxion integrates with third-party applications including Xero accounting solution, QuickBooks, NetSuite, and Sage and Microsoft Dynamics cloud and legacy solutions.
Does Fraxion have a mobile app?
Yes, Fraxion has a native mobile app that supports purchase and expense requests, budget impact review, approvals, PO visibility, receiving, invoice approvals, and audit trails.
Does Fraxion offer an API?
Yes, Fraxion provides API access.