TraveluXion is powered by Fraxion, a highly successful and award winning South African software development organisation with the focus on Enterprise Spend Management solutions, active in the Southern Africa, Africa and Middle East market for the past 10 years. Fraxion’s head office is in Cape Town, where all development, support and bi-annual upgrades of the core application are produced.
Fraxion was initially part of FrontRange solutions and taken private by a MBO, more recently Venfin Limited (now Remgro Limited) made a substantial investment into the business, as part of its overall investment portfolio. Fraxion currently has over 70 enterprise level clients, including BP, First National Bank, American Express and Truworths and over 40 000 users operating within its complete Spend Management application.
Amadeus is a leading global travel technology company that has been providing innovative IT solutions to support the travel & tourism industry for over 20 years. Amadeus solutions are grouped under four distinct technology categories;
Distribution and content – These solutions allow the aggregation and provision of comprehensive content and the means to optimise its distribution through our extensive points-of-sale network.
Sales & e-Commerce – Providing the ability to access, market and sell content across all channels, these solutions also improve workflows, profitability and customer service throughout the entire sales process
Business Management – Solutions to optimise our customers’ business operations, processes and administration, and maximise their customer relationships.
Services & Consulting – Customers can leverage the full value of their business processes and IT investments with our Services & Consulting solutions
The Amadeus and Fraxion partnership and significant investment into the innovative TraveluXion solutions began in November 2009, and has involved all key team members from Fraxion, Amadeus and TraveluXion. The TraveluXion solution will essentially expand on the existing robust solutions of the partners; Amadeus self booking technology and Fraxion’s Spend Management solution. The development and enhancement required all partners’ input and feedback to ensure that the solution was adaptable and provided enough flexibility, without diminishing the essential controls required for an Enterprise Spend Management application.
FRAXION SECURES TOP TECHNOLOGY AWARD
In 2007, Fraxion was a recipient of SPII funding, which is administered by the DTI and annually looks at all recipients (probably in the 100s) over the preceding 3-year period, adjudicating the commercial success of all projects and evaluating their potential for international success.
This year, Fraxion was not only nominated but won the 2010 award for Best Technology in Medium- sized companies in SA. The winner in the large companies section was RiskCura, a software company that operates in the area of risk management.
Fraxion’s CEO, Stanton Jandrell, expressed his thanks to all for helping the company to secure this prestigious award, which “recognises our collective efforts in positioning Fraxion as the leader in spend management and control”.
From all of us at Traveluxion, congratulation to our partner Fraxion on this highly prestigious and sought after award, we are proud to have your technology underpinning our solution.