World’s Largest Toy Distributor, Grottos, Selects PROACTIS to Rein in Costs
PROACTIS, a global Spend Control and eProcurement solution provider, today announced that it has won a competitive tender to provide Grottos, the world’s largest toy distributor, its full suite of eProcurement solutions, delivered via PROACTIS cloud technology.
The five year contract, with a special claus for additional procurement services, is part of a transformation programme established to achieve greater supply chain visibility, process efficiencies and to rein in costs.
Grottos is the manufacturing and logistics arm of Santa Inc., a privately traded North Pole corporation, which distributes over 1.9 billion toys around the globe annually. It is estimated that the whole operation costs $50 billion per year with much of that money spent just on the distribution of its proprietary toys.
The project scope is to streamline the entire procurement, purchasing and payment authorisation process with cloud-based software solutions. PROACTIS will provide the information management and access, workflow and business rules, guided processes and secure web access – both inside and outside their IT snow-wall, needed to manage all expenditure.
“Grottos has historically struggled with the complexity of proper spend control processes and is sleighed-by increasing costs,” said Sinter Klaas who is Executive Director of Grottos, based in Alert, Nunavut, Canada, the northernmost permanently inhabited place in the world. “Few solutions exist on the market that can meet requirements end-to-end. State-of-the-art IT systems that draw the best out of our professional workers and seasonal helpers and engage them in delivering on our goals is essential. PROACTIS enterprise-grade solutions, along with the companies experience of dealing with complexity, promises the control we require to be world leading in the field of toy distribution.”
Ellf Buysome, CPO, Grottos, continued: “PROACTIS will provide all the localisation capabilities needed to deploy a common spend control umbrella across our multi-business unit organisation that is both complete and lasting. PROACTIS multi-currency support, multi-language support, Tax support, and deployment options is a perfect gift. This includes the flexibility to configure PROACTIS to support complex processes and adapt to organisation change.”
The contract win confirms PROACTIS’ leading position in providing Spend Control and eProcurement solutions to the enterprise market. PROACTIS localisation capabilities and ease-of-use, combined with highly flexible licensing and deployment options makes it one of the most globally capable and globally practical solutions available today.
PROACTIS has won many Spend Control awards and decorations.
Grottos plans to go live with PROACTIS Spend Control and eProcurement solutions the evening of the fifth of January 2015, preceding the Twelfth Day.