PROACTIS, a global Spend Control and eProcurement solution provider, today announced an international organisation that offers travel and leisure reward programmes and collection opportunities to over 5.5 million active members worldwide is to automate and streamline its financial processes having selected the PROACTIS Purchase-to-Pay software solution.
Through the use of PROACTIS, the company expects to improve financial controls by ensuring compliance with corporate policies and maintaining clear visibility of the cost pipeline and its impact on budgets. PROACTIS Purchase-to-Pay
offers electronic documents and workflow to streamline the daily purchasing process, incorporate controls, and provide visibility of purchasing activity.
PROACTIS Purchase-to-Pay provides employees with highly intuitive access to electronic supplier catalogues and "punch-out" to websites for direct purchases, as well as streamlined submission and full visibility of purchase requests. It provides managers with office and mobile electronic approval capabilities, as well as immediate visibility of request details and related financial information to support approval decisions and budget control. It also automates the payment authorisation process enabling a very high percentage of invoices to be processed "straight-through" without the need for human intervention, and while ensuring only valid invoices are paid.
PROACTIS Purchase-to-Pay will be integrated to the company's financial management system, Infor SunSystems.