Case Study: The Hotchkiss School achieves procurement efficiency and cost savings with Fraxion

The Hotchkiss School cuts purchase costs by up to 20% with Fraxion

The Hotchkiss School, an independent boarding school, faced challenges with inefficient manual, paper-based purchasing processes and a lack of spend control. Multiple payment methods and fragmented vendor usage complicated oversight, leading to delayed approvals, policy non-compliance, and difficulty in auditing. The school implemented Fraxion's procurement and invoice automation platform to address these issues.

By deploying Fraxion's solution, which included PunchOut catalogs and a tailored multi-level approval matrix integrated with Microsoft Dynamics GP, The Hotchkiss School consolidated vendors, streamlined approvals, and gained full transparency into spending. Fraxion delivered significant results, including cost reductions of up to 20% on some purchases, improved audit readiness with centralized records, and greater process efficiency, ultimately transforming the school's spend management.

The Hotchkiss School