Fraxion's award-winning portfolio of supported accounting software products now offers integration with the market leading Pastel Partner accounting software, allowing all Pastel Partner users the same return on investment as large corporations, at a fraction of the cost.
Fraxion is the leading provider of spend management solutions, delivering effective cost containment and automated procurement solutions to over 40 000 users. Fraxion assists organisations in improving their operational and financial performance by enhancing the way they purchase goods and services, and for the first time, this is pre-integrated into the Pastel Partner accounting solution.
This seamlessly integrated software offers organisations significant value thanks to the purchase-to-pay functionality, giving users full budgetary control over expenditure. It provides automated request approvals, meaning an end to manual request forms, automated purchase orders on the organisation's letterhead, automated expense request and leave management, and an automated audit trail of every purchase from petty cash to capex. This cost-effective integration with Pastel Partner provides the full spend management portfolio, dramatically increasing the organisation's efficiency. Fraxion's template-based implementation allows customers to be up and running in days.
Fraxion's spend control solution for Pastel Partner now offers companies using the accounting solution affordable purchase-to-pay automation. Pastel Partner's real-time integration combined with the functionality of its software suites covers all areas of spend, at an affordable price. By deploying Fraxion Pro for Pastel Partner, clients will not only extend the functionality of the accounting software, but gain a high level of control and visibility at reduced pricing and implementation timeframes. This rapid delivery of value ensures that customers realise a return on investment as quickly as possible.
For accountants, Fraxion's integration with Pastel Partner means that clients can now take control of their budgets, ensuring that every requisition or purchase order is in budget, approved correctly and automatically included within the cash-flow forecast. The solution effectively manages the risk associated with employee initiated procurement and spending.
Fraxion Pro for Pastel Partner spend management software provides an integrated foundation for complete operating expense control, to save businesses time and money. The system's real-time visibility and embedded controls allows the business to monitor the way it spends money. Fraxion offers full visibility and budgetary insight into all stages of commitments, no matter where in the life of a transaction an expense occurs. By promoting a culture of responsible spending by all employees, the company will effectively optimise its spend.
CEO of Fraxion, Stanton Jandrell, said: "As the growth in local economies slow, we see a driving demand for technology that increases productivity, spend management and proven cash savings. The money that can be saved by using Fraxion Pro goes straight to the bottom line and provides a quantifiable return on investment in months. We have developed *ROI calculators, based on our shared experiences with 1 000s of users that predict how organisations are likely to benefit from deploying Fraxion."
Jandrell said Fraxion is actively recruiting and certifying partners that currently provide sales and support for Pastel Partner to enable the recommendation and implementation of Fraxion Pro for Pastel Partner.
Fraxion Pro for Pastel Partner is available in three variants: limited to 15 users, 25 users and 50 users and priced from as little as R26 per user, per month. Pastel Partner joins a range of ERP (enterprise, resource, planning) and accounting systems supported by Fraxion's browser-based solution.
* Fraxion ROI Calculators: http://www.spendmanagement.com/knowledge-base/calculators.html
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