Fraxion Spend Management is designed to streamline expense oversight and budgeting for businesses of all sizes. Catering to finance teams and procurement managers, its standout features include dynamic budget tracking, comprehensive approval workflows, and real-time expense visibility.

What are the main features of Fraxion Spend Management?

Dynamic Budget Tracking

Keep your finances under control with precise budget management. Fraxion provides tools to create and adjust budgets dynamically, ensuring resources are allocated efficiently.

• Real-time budget updates – Make informed decisions with access to current financial data
• Customisable budget categories – Tailor spending plans to your organisation's needs
• Automated alerts – Receive notifications when spending approaches pre-set limits

Comprehensive Approval Workflows

Improve process efficiency with streamlined request and approval workflows. Fraxion’s system ensures that all expenditure is tracked and approved according to company policy.

• Customisable approval stages – Adapt workflows to meet specific organisational requirements
• Automated request routing – Ensure prompt attention to expenditure requests
• Role-based access controls – Maintain appropriate permissions for each user level

Real-Time Expense Visibility

Gain full transparency into organisational spend with comprehensive, real-time expense data. Fraxion makes it simple to monitor transactions and optimise financial planning.

• Instant access to spend data – Always know where your money is going
• Detailed expense reports – Generate and analyse comprehensive financial reports effortlessly
• Integration with existing financial systems – Streamline workflows by connecting with your current tools