Fraxion has secured a majority investment from Main Capital Partners. As part of this investment, Centreviews—an accounts payable (AP) automation provider—has joined Fraxion as the first add-on acquisition. Fraxion’s procurement strengths will be combined with Centreviews’ AP automation expertise to expand its procure-to-pay capabilities and deliver even greater value to customers.
This partnership marks a major step forward in the company’s journey to elevate and expand our offerings. The company says it will help pave the way for a more powerful, seamless procure-to-pay solution—one that delivers even greater efficiency, visibility, and control.
Driving innovation and scale
With the backing of Main Capital’s strategic expertise and long-term investment approach, this partnership positions the company to scale efficiently, innovate with greater speed, and meet the evolving needs of modern finance teams. The future-ready platform is geared toward empowering mid-market organizations to streamline procurement and AP workflows with confidence.
Fraxion and Centreviews each bring over two decades of proven expertise—Fraxion in procurement and spend management, and Centreviews in AP automation. The acquisition will unite complementary strengths, deep domain knowledge, and a shared commitment to driving efficiency and savings for the customers we serve.
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Tags: Accounting, procure-to-pay, spend management
