| Website | spendmanagement.com |
| Phone | 27 21 683 5310 |
| Employees | |
| Founded | 2001 |
| Description | Budgeting and Forecasting Software |
| TOTAL | $457k |
| VENTURE FUNDING TOTAL | $457k |
| Venture Round, 7/05 VenFin | $457k |
Fraxion develops spend management software for mid-market companies in Europe and Africa. Its software allows its customers to control and manage various spending activities against budgets in real time, and caters for non-purchase order spend, including travel, expense claims, services, invoice settlement, and petty cash, as well as capital expenditure and operational procurement. The company was founded in 2001 and is headquartered in Cape Town, South Africa.