+
+
Visit Website
Visit Website

About

Fraxion is an all-in-one procure-to-pay solution built for mid-market companies. It enables complete spend management by automating procurement, accounts payable, expense management, and spend analysis on a single connected platform. Key capabilities include requisition to PO automation, real-time budget and policy controls, multi-level approvals, PunchOut, catalog purchasing, AI-driven AP automation and spend analysis, and a mobile app for on-the-go spend control. Every transaction produces a full audit trail from requisition to payment. Fraxion is designed for the Office of the CFO. Finance teams start with the solution they need most, procurement or AP automation and expand to full procure-to-pay without reimplementation. SOC 2-compliant. Integrates with major ERP and accounting systems: Sage, Microsoft Dynamics, NetSuite, QuickBooks, and Xero. Trusted by mid-market organizations across healthcare, life sciences, agriculture, education, natural resources for over 20 years.

About

TriNet has been a trusted leader in providing comprehensive HR solutions tailored specifically for small and midsize businesses for over 30 years. This longevity in the market reflects deep expertise and a proven track record of helping companies streamline their human resources functions, mitigate risks, and enhance employee satisfaction. TriNet helps simplify complex HR challenges by offering a unified platform that integrates payroll processing, benefits administration, risk mitigation, and compliance support. This consolidates the need for multiple vendors, reducing administrative burden and allows business leaders to focus on growth and strategic priorities. TriNet’s dedicated service model combines personalized support from assigned HR professionals and relationship managers with access to specialized HR experts via multiple communication channels. This helps deliver timely, expert best practices guidance tailored to each client’s unique needs.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Mid-market companies across different industries: Agriculture, Wineries, Property management, Healthcare, Life sciences, Biotechnology, Non-profits, Education, Government agencies, Natural resources, and Financial services.

Audience

Small and midsize businesses across industries seeking comprehensive, compliant, and scalable HR outsourcing solutions for payroll, benefits, and workforce management

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Reviews/Ratings

Overall 4.6 / 5
ease 5.0 / 5
features 4.7 / 5
design 4.7 / 5
support 4.3 / 5

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Fraxion
Founded: 2003
United States
www.fraxion.biz

Company Information

TriNet
Founded: 1988
United States
www.trinet.com

Alternatives

Alternatives

BambooHR

BambooHR

BambooHR®

Categories

Fraxion's AP automation software eliminates manual invoice processing for mid-market finance teams, reducing costs, closing cycles faster, and removing the errors and overpayment risk that manual AP creates. Fraxion automates the full AP cycle: invoice intake, AI data extraction from single and multi-page invoices, AI review, predictive coding, automated approval workflows with mobile invoice approvals, invoice batching, and seamless posting to your financial system. Key benefits include faster invoice processing, no manual data entry, fewer errors, reduced overpayment risk, exception and duplicate detection, faster month-end close, and AP insights across invoice volume, vendor spend, and cycle times — all without adding headcount. Finance teams start with AP automation and scale to full procure-to-pay, adding procurement, expenses, and spend analysis on one connected platform, without reimplementation. Integrates with Sage, Microsoft Dynamics, NetSuite, QuickBooks, and

Fraxion expense management automates business expense reporting, approvals, and policy compliance for mid-market companies. Employees capture expenses as they happen, snapshot receipts, submit claims, and track approval status from any device. Approvers review requests against real-time budgets and approve via mobile. Reimbursements are fast-tracked once claims are approved and policy-compliant. Key capabilities include expense report automation, multi-level approval workflows, receipt capture, per diem and mileage tracking, billable expense tracking, travel pre-approval and policy enforcement, cash advance requests and reconciliation, and full audit trails. Expense management is part of Fraxion's all-in-one procure-to-pay platform, giving finance teams consolidated visibility and control across purchasing, AP, and expenses with spend analysis and reporting. SOC 2-compliant. ERP and accounting system integrations. Available on iOS and Android.

Fraxion's procure-to-pay software lets mid-market finance teams start where they need to and scale to full P2P without reimplementation. Start with AI-driven AP automation to eliminate manual invoice processing and errors and close faster. Add procurement to control unauthorized spend before it's committed. Expenses and spend analysis close the last gaps. Each capability runs on one connected platform, so adding more is configuration, not a new implementation. When the full procure-to-pay cycle runs on one platform, the result is a single approval engine, one policy framework, one audit trail from requisition to payment, and real-time visibility and control across all spend. No disconnected systems, no duplicate data entry, no blind spots. The mobile app enables process efficiency and spend control wherever work happens. Gain complete spend management with procure-to-pay automation. ERP and accounting integrations: Sage, Microsoft Dynamics, NetSuite, QuickBooks, and Xero.

Fraxion's procurement software gives mid-market finance teams proactive control over every purchase before spend is committed, eliminating unauthorized spending, approval bottlenecks, and budget overruns. Every purchase request is routed through configurable approval workflows with real-time budget and policy checks applied at the point of request. Only approved, policy-compliant requisitions generate purchase orders. The result: faster purchasing cycles, stronger compliance, and operational cost reductions. Key benefits include reduced purchasing cycle times, accurate cost allocations, full audit trails, and real-time spend visibility. Requests can be submitted and approved from any device via the mobile app. Employees purchase from approved vendors, internal catalogs, or via PunchOut — ensuring every purchase stays within policy. Part of Fraxion's all-in-one procure-to-pay platform. Connects seamlessly with AP automation for complete spend visibility and control.

Fraxion's purchasing and purchase order software automates the full purchase order process for mid-market companies, from requisition to approved PO to vendor delivery. Purchase orders are generated only from approved, budget and policy-compliant requests. Multi-level approval workflows, real-time budget checks, and policy controls are applied at the point of request, stopping unauthorized spend before it's committed. Key capabilities include requisition to PO automation, automated PO creation and emailing, customizable PO templates, change order management, PO consolidation, receiving, vendor ratings, full audit trails, and mobile requests, approvals and PO management. PunchOut and catalog purchasing are also supported. Analyze open orders, vendor spend, and PO cycle efficiency, enabling consolidation for volume discounts and process benchmarking via embedded spend analysis tools. Part of Fraxion's all-in-one procure-to-pay platform. Integrates with major ERPs.

Fraxion's embedded spend analysis tool gives mid-market finance teams AI-driven insights across the full procure-to-pay cycle, turning purchasing, AP, and expense data into actionable cost-saving opportunities. AI analyzes spending patterns across vendors, employees, budgets, cost centers, and transactions to identify where money is being wasted, where costs can be reduced, and where purchasing processes can be improved. Community insights benchmark your organization's performance against mid-market peers, highlighting gaps and opportunities. Key benefits include identification of vendor consolidation opportunities, PO consolidation for volume discounts, improved negotiating position, budget planning insights and spend predictability, compliance reports, and actionable tips to improve purchasing cycle times and approval efficiency. Insights delivers real-time dashboards and exportable reports, giving the Office of the CFO the financial intelligence to make informed decisions.

Fraxion is an all-in-one spend management solution that gives mid-market finance teams complete spend visibility and control. Purchasing, accounts payable, expenses, and spend analysis run on a single connected platform. There is no data re-entry, no disconnected approvals, and no blind spots. Every transaction flows through one approval engine, one policy framework, with complete audit trails from requisition to payment. For the Office of the CFO, this means real-time visibility across all spend categories, proactive budget and policy enforcement, faster month-end close, and the consolidated financial insight needed to make better decisions across the business. Key benefits include eliminated unauthorized spend, reduced invoice processing costs, faster purchasing and closing cycles, full audit readiness, and actionable spend analytics. Integrates with major ERP and accounting systems including Sage, Microsoft Dynamics, NetSuite, QuickBooks, and Xero.

Categories

TriNet PEO simplifies benefits administration by providing small and medium‑size businesses with access to comprehensive benefits typically reserved for larger organizations. Through its all‑in‑one HR platform, TriNet manages enrollment, compliance, carrier relationships, and ongoing plan administration, reducing administrative burden while helping employees easily explore and select the right benefits. HR Plus (TriNet's ASO product) provides a scalable, technology-driven benefits administration solution designed for small to growing businesses that prefer outsourced HR support without engaging in a co-employment model. HR Plus offers cutting-edge benefits administration technology that simplifies benefits tracking and management, allowing clients to use their own brokers or TriNet’s broker partners. The service includes dedicated HR experts who provide best practice guidance on benefits administration and compliance,

With TriNet Contractor Payments, companies can onboard contractors through self‑service tools, collect required documentation with e‑signatures, and pay them efficiently through multiple payment options—all from one platform. Contractors gain mobile access to tax documents, while businesses benefit from automated Form 1099 generation and a single, secure place to store contractor records. This streamlined approach reduces administrative burden and helps organizations build an agile, cost‑effective contractor workforce.

TriNet enhances the employee experience and supports talent retention by offering tools and expertise that help employees grow, stay engaged, and feel supported. It strengthens alignment between employees and company goals through performance management features like real‑time feedback, accessible past reviews, and clear goal tracking. TriNet also provides extensive learning opportunities with 500+ targeted courses for skill building and continuing education, plus leadership training to develop future leaders.

TriNet acts as an Employer of Record (EOR) using the PEO model. This means TriNet helps handle payroll, benefits administration, risk mitigation, and compliance. Advantages include access to big-company level benefits, risk mitigation services including Employment Practices Liability Insurance (EPLI), expert HR guidance, streamlined HR administration, and compliance support. TriNet also offers integrated global workforce solutions via partnerships with EOR providers for international employees, providing a unified platform experience. This arrangement reduces administrative burden, mitigates employment-related risks, and helps businesses attract and retain talent with competitive benefits.

TriNet empowers businesses to hire, manage, and pay global talent with ease through integrated partnerships with leading global employment platforms. Companies can recruit and onboard international employees quickly, gain confidence with built‑in global compliance guidance, and offer localized, big‑company benefits to compete for top talent worldwide. With unified data views, single sign‑on access to global partners, and streamlined workflows across borders, TriNet eliminates the complexity of global employment so organizations can scale faster, operate compliantly, and build globally distributed teams without barriers.

TriNet empowers businesses to hire, manage, and pay global talent with ease through integrated partnerships with leading global employment platforms. Companies can recruit and onboard international employees quickly, gain confidence with built‑in global compliance guidance, and offer localized, big‑company benefits to compete for top talent worldwide. With unified data views, single sign‑on access to global partners, and streamlined workflows across borders, TriNet eliminates the complexity of global employment so organizations can scale faster, operate compliantly, and build globally distributed teams without barriers.

TriNet provides a comprehensive, unified HR solution designed to assist small and midsize businesses across the full spectrum of human resources needs. Their platform integrates payroll processing, benefits administration, risk mitigation, and compliance support into a single, easy-to-use system. TriNet offers specialized industry-specific expertise and consultative services, enabling companies to navigate complex HR challenges efficiently. With access to premium benefits typically available only to large enterprises, advanced technology including a modern HR platform and mobile app, and a dedicated team of HR professionals and consultants, TriNet helps businesses streamline HR administration, improve employee experience, mitigate risks, and focus on growth. Their services also include strategic HR guidance, workforce analytics, and comprehensive support for compliance and employee relations, making them a trusted advisor and partner for businesses at every stage of growth.

TriNet streamlines payroll processing for small and midsize businesses by automating tax calculations, benefit deductions, and time tracking—all within a single, easy‑to‑use platform. It reduces administrative burden with end‑to‑end payroll support, including payroll tax filing and compliance assistance, integrated expense management, and real‑time digital tools for hours, breaks, and PTO. With direct deposit, mobile pay access, accounting integrations, and self‑service features, TriNet helps ensure accurate, timely pay runs so companies can stay compliant and focus on growth.

PEO

TriNet PEO delivers a complete HR solution that helps small and midsize businesses reduce administrative burden, stay compliant, and offer big‑company benefits. With 30+ years of expertise, TriNet combines modern HR technology with personalized support—covering payroll processing, risk mitigation, compliance, and access to premium benefits. By leveraging TriNet’s scale, industry‑tailored guidance, and all‑in‑one platform, companies can focus more on growth and spend less time on HR complexity.

TriNet delivers a performance management solution that helps organizations build alignment, strengthen engagement, and drive productivity. Through user‑friendly tools for goal setting, real‑time feedback, one‑on‑one coaching, and streamlined review cycles, TriNet empowers employees and managers to stay connected and focused on business priorities. Its approach is backed by experienced organizational development consultants who work with your team to design a performance strategy aligned to your culture, values, and growth objectives—ensuring meaningful feedback, clearer accountability, and stronger talent development across your organization.

TriNet streamlines workforce management by supporting the entire employee lifecycle—from onboarding to performance reviews—through integrated tools and expert guidance. It centralizes employee records, automates onboarding, simplifies time‑off and schedule tracking, and unifies goal‑setting and feedback within one platform. TriNet also provides best‑practice support for sensitive moments like terminations or performance issues, helping teams stay compliant, organized, and focused on growth.

Expense Report Features

Approval Process Control
Invoice Management
Multi-Currency
Receipt Management
Reimbursement Management
Spend Control
Time Tracking
Workflow Management

Procure to Pay Features

Billing & Invoicing
Budgeting / Forecasting
Compliance Management
Contract Lifecycle Management
Financial Reporting
Integration Management
Inventory Management
Order Management
Vendor Management

Procurement Features

Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Purchasing Features

Catalog Management
Compliance Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Spend Management Features

Approval Workflow
Budgeting / Forecasting
Expense Tracking
Multi-Currency
Prepaid Cards
Procurement Management
Receipt Management
Spend Analysis
Spend Control
Supplier Management

Benefits Administration Features

Claims Management
COBRA Administration
Deduction Management
Disability Insurance Administration
Employee Benefits Administration
Flexible Spending Accounts
FMLA Administration
For Brokers
For Employers
FSA Administration
Health Insurance Administration
HIPAA Compliant
Life Insurance Administration
Online Benefits Enrollment
Premium Billing
Provider Management
Retiree Administration
Retirement Plan Management

Human Resources Features

360 Degree Feedback
Applicant Tracking
Attendance Management
Benefits Management
Career Development Planning
Compensation Management
Compliance Management
Employee Database
Employee Lifecycle Management
Onboarding
Payroll Management
Performance Management
Recruiting Management
Self Service Portal
Succession Planning
Time & Attendance Management
Time Off Management
Timesheets
Training Management

Payroll Features

401(k) Tracking
Attendance Management
Benefits Management
Check Printing
Compensation Management
Deductions Management
Direct Deposit
Multi-Country
Multi-State
Reporting/Analytics
Self Service Portal
Tax Compliance
Vacation / Leave Tracking
W-2 and 1099 Preparation
Wage Garnishment

Performance Management Features

360 Degree Feedback
Compensation Management
Custom Rating Scales
Customizable Templates
Individual Development Plans
On-going Performance Tracking
Peer Appraisals
Review Cycle Tracking
Self Service Portal
Self-Appraisals
Skills Assessments
Weighted Performance Measures

Workforce Management Features

Budgeting & Forecasting
Contractor Management
Employee Lifecycle Management
Labor Projection
Performance Appraisal
Recruiting Management
Scheduling
Skills Tracking
Time & Attendance
Variable Workforce

Integrations

NetSuite
QuickBooks Online
Sage Intacct
Xero
Carta
Electric
Expensify
Google Workspace
JazzHR
Lattice
Lever
Microsoft 365
Microsoft Dynamics 365 Business Central
Microsoft Teams
Multiplier
Okta
Ramp
Sage 200
Sage 300
Vestwell

Integrations

NetSuite
QuickBooks Online
Sage Intacct
Xero
Carta
Electric
Expensify
Google Workspace
JazzHR
Lattice
Lever
Microsoft 365
Microsoft Dynamics 365 Business Central
Microsoft Teams
Multiplier
Okta
Ramp
Sage 200
Sage 300
Vestwell