Identify saving opportunities, track spending, analyse trends and forecast future spending with Fraxion’s BI Tools.
Spend analysis reports display valuable insight into all operational spending activities. Gain visibility of expenditure at any transactional stage; drill down into suppliers, departments, employees and expense types. Transparency ultimately promotes accountability and responsible spending.
Configure company policies and approval hierarchies to eliminate maverick spend. Escalation ensures that spend and approval limits cannot be exceeded.
Make informed decisions and manage risk before approving or committing to spend. Point of decision analytics assist approvers to assess the risk in requests and make astute financial decisions.
Analyse spend across all expense types, suppliers and users, view budgets and gauge the impact of expenditure before it is incurred. Fraxion’s user-friendly business intelligence tools help you to manage risk and track expenditure at a granular level and identify savings opportunities.
The software is user-friendly and integration with our ERP solution has extended our financial control capabilities. Going forward we will be managing and tracking store merchandising through Fraxion’s catalogue modules, which will help eradicate the stock and profit losses we have experienced in previous years when no technology was in place.We are extremely pleased with Fraxion’s spend management framework and anticipate further improvements with the upgrade to the latest iteration.” - Unathi Sompondo, Travel Cost Controller
“Fraxion has enabled Transaction Capital Recoveries to systemise spending in an automated end-to-end process to monitor budgets, cut down on transaction processing time, provides visibility at all stages of approval, and ensures that there is an audit trail of all completed activities.”-Ruan Aldum, Executive: Finance
Analyse operational spending activities at a granular level. Drill down to the details of individual transactions across users, suppliers, departments and all spend categories.
Point of decision analytics assist approvers to assess the risk in requests and make astute financial decisions
Budget views provide real-time insight into available and committed spend, allowing users to assess the impact of spend at decision points.