Case Study: Mukuru achieves multi-national rollout success and cost savings with Fraxion

Mukuru cuts travel spend by over 50% with Fraxion

Mukuru, a major African fintech and money transfer provider, faced significant challenges managing its complex multinational finance and procurement operations across 25 countries. The company struggled with manual, disconnected processes that led to inefficiencies, a lack of financial control, delayed approvals, and uncontrolled travel spending. To address these issues, Mukuru partnered with the vendor Fraxion to implement its procure-to-pay suite.

By deploying Fraxion's platform, Mukuru streamlined its entire procurement lifecycle, introducing decentralized approvals, a mobile app for on-the-go management, and automated invoice and expense processing. The solution provided by Fraxion delivered substantial results, including a over 50% reduction in travel expenditure, significantly faster reimbursements, improved risk management, and enhanced reporting capabilities across all its countries of operation.

Mukuru