Paperless Business Systems

Paperless Business Systems is the company behind Fraxion, a procure-to-pay and spend management platform built for mid-sized finance teams. It combines purchasing, accounts payable, expenses, and spend analysis into one connected solution to provide complete visibility and proactive control over business spend.

The platform is purpose-built for the Office of the CFO, offering features like approval workflows, real-time budget controls, and AI-powered invoice data extraction. It allows teams to start with a single module like procurement or AP automation and expand capabilities without reimplementation as their needs evolve.

According to the website, the system helps organizations reduce processing costs and close faster by automating invoice processes and eliminating overpayment risk. It also provides a continuous audit trail and segregation of duties, which is particularly useful for financial services firms under regulatory scrutiny.

The company is located in Seattle, Washington, with additional offices in Two Harbors, Minnesota, and Cape Town, South Africa. It has been operating for over twenty years, helping organizations across various industries reduce costs and drive efficiency.

Pricing is based on user count, functionality, and ERP integration requirements rather than a fixed fee. Customers can request a tailored estimate and personalized demo by contacting the team to discuss their specific journey in spend management.

The system integrates with major ERPs like NetSuite, Microsoft Dynamics, and Sage Intacct, as well as accounting systems like QuickBooks Online and Xero. It also supports PunchOut vendors such as Amazon Business, Office Depot, and Grainger for catalog purchasing.

Some reviewers on Trustburn praise the system for being user-friendly, reliable, and easy to navigate, noting that it has saved them a significant amount of time. They specifically mention how the platform helped streamline operations and reduce paperwork effectively.

Some reviewers noted that while the website is easy to use, customer support can sometimes be slow at times. Despite this, many users express high satisfaction with the intuitive interface and the ability to go paperless quickly.

The platform runs on a Microsoft Azure SQL Server database and is SOC 2 compliant, undergoing regular audits to ensure security and processing integrity. It supports multiple major browsers including Chrome, Safari, and Microsoft Internet Explorer.

Fraxion offers various Service Level Agreement (SLA) packages that clients can subscribe to for additional value-added offerings. These include discounted services, training, preferential treatment of support issues, and committed issue resolution times.

The deployment process begins with a project kick-off meeting followed by a design phase and a workshop with the client's ERP system partner. This clarifies integration specifications before the application is configured based on identified requirements.

The company states that it is not an enterprise platform adapted for mid-size organizations, nor is it a lightweight SMB tool. It is specifically designed to provide real spend control without the complexity or cost of larger enterprise software.

You can reach Paperless Business Systems by phone at 2062560769.

The official website of Paperless Business Systems is paperlessbusiness.com.

On Trustburn, Paperless Business Systems has a rating of 4.4 out of 5 based on 8 reviews.