
Spend management shouldn't mean managing multiple systems for procurement, AP, expenses, and spend analysis. Fraxion's procure-to-pay solution provides an all-in-one platform for mid-market finance teams.
Fraxion manages the process end to end: requisitions and purchase orders, spending is governed by real-time budget and policy controls, approvals are routed to the appropriate stakeholders, and purchasing compliance is simplified via PunchOut or internal catalog options. AI powers AP processing and spend analytics, guiding decisions and flagging exceptions, while a robust mobile application supports approvals and oversight outside the office.
Every transaction and approval is auditable through to final payment, giving CFOs the visibility and accountability they need. Companies often start with procurement or AP automation, then scale to full procure-to-pay at their pace, without reimplementation.
SOC 2-compliant. Integrates with ERP and accounting tools such as Sage, Microsoft Dynamics, NetSuite, QuickBooks, and Xero. Chosen by mid-market organizations in healthcare, life sciences, agriculture, wineries, non-profits, property management, education, and natural resources for over 20 years.
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Manage Every Purchase & Payment in One Place
Order.co centralizes purchasing across all your vendors. Teams can shop from a customized catalog, submit orders for approval, and let the platform handle the rest. From logging into vendor sites and placing e-commerce orders on your behalf to generating compliant POs and reconciling invoices, Order.co eliminates manual tasks and ensures that every purchase is compliant, trackable, and on budget.
Unlock 5-8% cashback rewards with AI-Powered Sourcing
Order.co’s AI sourcing scans thousands of vendor data points — such as pricing, delivery speed, reliability, and more — to identify the best-fit supplier for each purchase automatically. Tap into a network of 15,000+ suppliers, access exclusive discounts, and proactively respond to shifting market conditions like price swings and tariff changes. Most customers save 5–10% in categories like maintenance and office supplies.
Simplify Invoice Management & Automate Payments
Reduce invoice processing time by over 80% with automated coding, 3-way matching, and reconciliation. Sync directly with QuickBooks Online, Sage Intacct, NetSuite, and more to pay on your terms and close your books faster, with fewer errors. Plus, unlock more float than traditional credit cards or card-based spend management solutions.
Control Spend Without Slowing Teams Down
Set granular approval workflows and custom budgets by user, location, or GL code. Order.co ensures teams stay compliant, even when ordering from e-commerce sites, while flagging fulfillment risks or delays, suggesting smarter alternatives automatically.
Gain Real-Time Spend Insights & Forecast with Confidence
Track spend as it happens. Get a real-time view of spend by department, vendor, or location. Evaluate supplier performance and forecast with predictive insights that help your business stay ahead of change.
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Electronic-Tendering Engine
ElectronicTender® has launched an advanced and secure e-tendering and e-procurement solution called ‘Electronic-Tendering Engine® - Advanced’ (ETE-Advanced Plus). This state-of-the-art web application is specifically designed for G2B, B2G, G2G, and B2B sectors, effectively handling a variety of procurement activities within organizations in a streamlined manner. ETE-Advanced Plus is built with a focus on 'Efficiency,' 'Transparency,' and 'Security,' ensuring compliance with the formal tendering guidelines set by Multilateral Agencies and government entities in multiple countries. Users have the option to create either a shared or dedicated e-tendering platform, known as the ElectronicTender System® (ETS), which offers a strong framework for e-tendering services. The software has been thoughtfully designed with its global application in mind, making it suitable for a wide range of international needs. As a result, organizations can confidently implement this innovative solution to improve their procurement operations while maintaining adherence to rigorous standards, fostering trust and accountability in their processes. This commitment to quality not only enhances operational efficiency but also positions organizations for success in a competitive landscape.
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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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