Fraxion is a unified procure-to-pay platform designed specifically for mid-market organizations. It brings purchasing, AP, expense management, and spend visibility together, helping finance teams manage and control company spend from one connected system.
The platform supports the entire purchasing lifecycle with automated requisitions and POs, configurable approval workflows, real-time budget and policy enforcement, PunchOut and catalog purchasing, AI-powered invoice processing, spend analytics, payments, and mobile access.
Fraxion creates a complete, auditable record of every transaction from the initial request through final payment. Built for the Office of the CFO, it can be adopted incrementally—starting with procurement or AP automation and expanding into a complete procure-to-pay solution without requiring a reimplementation.
SOC 2-compliant and integrated with leading ERP and accounting platforms including Sage, Microsoft Dynamics, NetSuite, QuickBooks, and Xero. For more than 20 years, Fraxion has supported organizations across healthcare, life sciences, agriculture, education, and natural resources.
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Around the world, teams focused on risk management, procurement, and compliance face increasing demands to navigate the challenges posed by geopolitical and business risks. The intricacies of both domestic and international operations, alongside a myriad of regulations, significantly influence third-party risks. Therefore, it is essential for organizations to take a proactive approach in managing their relationships with third parties. This innovative platform, leveraging the D&B Data Cloud's extensive database of over 520 million global business records and more than 2 billion updates each year, serves as an AI-driven tool that continually assesses and mitigates counterparty risk. D&B Risk Analytics incorporates top-tier risk data, providing alerts on high-risk transactions and identifying connections across a billion data points, all of which empower businesses to make well-informed choices. Additionally, the platform's intelligent workflows facilitate rapid and comprehensive screening processes, ensuring timely alerts on critical business metrics. As a result, companies can enhance their risk management strategies and improve their overall operational resilience.
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Catalog360
Catalog360 provides a comprehensive cloud-based e-Procurement solution that encompasses the entire procure-to-pay (P2P) cycle for businesses. By consolidating an extensive range of products and services from multiple suppliers on a single platform, it enables companies to easily research, select, and purchase the solutions they need. This system not only aids in effective expense management but also offers valuable reports and dashboards that support rapid and informed decision-making. In addition, Catalog360 enhances the purchasing process with a user-friendly webshop interface that is easily accessible to all employees. The platform includes customizable approval mechanisms, flexible workflows, and straightforward management of budgets and cost centers, ensuring optimal operational efficiency. Moreover, the integration of these functionalities fosters improved collaboration among teams, ultimately making the procurement process more streamlined and effective. As a result, businesses can achieve greater productivity and cost savings, positioning themselves for success in a competitive market.
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Promena
Since its launch in 2001, Promena has established itself as a pivotal force in the realm of digital transformation, consistently expanding its global footprint through reliable business partnerships and an expanding clientele. The platform boasts a variety of specialized modules, including E-Sourcing for transparent and effective sourcing operations; E-Procurement, which streamlines procurement into a more economical process; Contract Management, which enhances oversight of complex contracts while improving compliance; Supplier Relationship Management, designed to nurture strong and mutually advantageous supplier relationships; Quick RFQ, which allows for rapid and precise requests for quotations, thereby enhancing responsiveness; and the Supplier Network, aimed at fostering a dynamic ecosystem for seamless supplier interaction.
These integrated modules collectively position Promena as a holistic and contemporary business solution, driving both operational efficiency and strategic advancement. By adopting Promena, organizations can expect a significant shift in their operational effectiveness and relational dynamics. Embrace Promena to embark on a transformative journey that redefines business innovation and connectivity, and become part of a movement that is reshaping the future of business interactions. The commitment to continuous improvement and adaptation ensures that Promena remains at the forefront of digital transformation.
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