This paper describes the software DRAGraces (Data Reduction and Analysis for GRACES), which is a pipeline reducing spectra from GRACES (Gemini Remote Access to the CFHT ESPaDOnS Spectrograph) at the Gemini North Telescope. The code is written in the IDL language. It is designed to find all the GRACES frames in a given directory, automatically determine the list of bias, flat, arc and science frames, and perform the whole reduction and extraction within a few minutes. We compare the output from DRAGraces with that of OPERA, a pipeline developed at CFHT that also can extract GRACES spectra. Both pipelines were developed completely independently, yet they give very similar extracted spectra. They both have their advantages and disadvantages. For instance, DRAGraces is more straightforward and easy to use and is less likely to be derailed by a parameter that needs to be tweaked, while OPERA offers a more careful extraction that can be significantly superior when the highest resolution is required and when the signal-to-noise ratio is low. One should compare both before deciding which one to use for their science. Yet, both pipelines deliver a fairly comparable resolution power (R~52.8k and 36.6k for DRAGraces and R~58k and 40k for OPERA in high and low-resolution spectral modes, respectively), wavelength solution and signal-to-noise ratio per resolution element.