PROACTIS Helps Oil & Gas Sector Manage Business Growth

PROACTIS, a global Spend Control and eProcurement solution provider, today said it is attracting great interest from organisations in the oil, gas and mineral extraction industries for its Source-to-Contract and Purchase-to-Pay solutions. PROACTIS range of cloud-based software helps organisations build strong supplier relationships, optimise control, visibility and efficiency of procurement and financial processes, and mitigate supplier risk.
PROACTIS is used widely by organisations operating upstream and in the service and supply to the oil and gas sector. Clients include: Addax Petroleum, Afren Plc, Atlantic Energy, Harouge Oil Operations, Heritage Oil (UK) Ltd, JKX Oil & Gas, Northern Petroleum Plc and ROC Oil.

"The Procurement function in the oil and gas sector is evolving to become more strategic," said Simon Dadswell, Marketing Director of PROACTIS. "Procurement professionals can build strong supplier relationships as a source of expertise and innovation that improve the timeliness of production and reduce project costs. In addition, through efficient internal purchase-to-pay processes Procurement managers can make their business much easier to do business with, thereby improving supplier relationships."

"We are seeing increased demand for PROACTIS Spend Control and eProcurement solutions which help Procurement professionals to manage corporate supply chain strategies, strategic commodities, and best practices for sourcing, supplier management, and contract management. In addition, enable corporate financial management to establish consistent authorisation policies, efficient invoice processing, and standard reporting," continued Dadswell.

PROACTIS solutions uniquely meet all of the requirements of the oil and gas industry and have been built from the ground up to support organisations with multiple locations and multiple business units, and organisations that do business in multiple countries.
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