Fraxion is a procure-to-pay software platform designed to help mid-size organizations manage, control, and optimize their business spending. Fraxion automates purchasing, expense, and accounts payable processes, enabling companies to proactively manage spend through digital workflows and advanced analytics.
Fraxion's solution provides end-to-end visibility into company spend. It features digital approval workflows, policy-compliant controls, and centralized digital records for audit transparency. Organizations use Fraxion to streamline procurement, reduce operational costs, and improve accountability in business purchasing.
The platform is integration-ready and accessible via mobile devices, making it suitable for distributed or on-the-go teams. With over $16 billion in spend managed annually across more than 1,000 organizations and 200,000 users, Fraxion focuses on providing tools for actionable spend management and process efficiency.
What problems does Fraxion solve?
Fraxion addresses the challenges of manual, paper-based procurement and expense processes. By digitizing and automating these workflows, the platform helps companies:
- Enforce spending policies consistently across the organization
- Gain real-time visibility into company expenditures
- Reduce risk of unauthorized or off-policy spending
- Save time and cut operational costs through process automation
Who uses Fraxion?
Fraxion serves mid-sized enterprises and organizations looking for greater control and visibility over procurement and accounts payable. Their customer base spans various industries, including public sector, healthcare, education, hospitality, and non-profits. Notable customers include:
- Growth Point
- OSN
- City of Charlottetown
- BP
- TB-HIV Care
- YMCA
- UCSF
- Lifeguards Hard Rock Hotel and Casino
- Mukuru
- Lil'Wat Nation
- Chickasaw Nation
How was Fraxion started and who leads the company?
Fraxion was founded and is led by a team with expertise in software development and business operations. Key members include Stanton Jandrell (CEO), John O’Callaghan (CFO & Head EMEA), Peet Kruger (VP Professional Services), Cheryl Haywood (VP Marketing), Marius Croucamp (VP Engineering), and Jun Fukumoto (Application Support Director), with board oversight from Stijn Hendrikse, Aaron Perrine, and Matt Diamond. Learn more about their leadership and company background on their About page.
Where is Fraxion based?
Fraxion is headquartered in Seattle, Washington, United States, and operates globally, serving customers worldwide.
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