The tight profit margins inherent to this sector require streamlined operations and stern fiscal oversight of procurement processes and expenditure. By increasing control, accountability and transparency, institutions have the foundation to provide quality education underpinned by sound financial practices and the appropriate allocation of funds. Fraxion ensures that sector-specific challenges, such as enrolment campaigns, grant funded projects, IT expenditure as well as capital procurement is effectively managed and simplified. Our success and growing customer base in the Education sector has made Fraxion one of the largest providers of spend management technology to the private education sector.
“Fraxion has enabled spend visibility across locations; this transparency is invaluable and with access to real-time data, staff members are empowered to make sound financial decisions. Overall Fraxion is an excellent business information system.” “We’ve managed to cut our unbudgeted expenditure by 15%. We are looking forward to future Fraxion product releases.”
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