Multinational manufacturer of automobiles to lower costs and optimise their financial processes across a distributed dealer network by adopting a cloud-based Spend Control & eProcurement platform.
PROACTIS, a global Spend Control and eProcurement solution provider, today announced it has signed an agreement with a multinational manufacturer of automobiles for the delivery of a Purchase-to-Pay
and Accounts Payable Automation
solution to streamline key financial processes in its UK division.
The agreement includes the PROACTIS Invoice Capture service
and Purchase-to-Pay software
for processing circa. 150,000 invoices including coding, workflow and approvals. PROACTIS is also delivering full integration to the organisation’s dealer management system to manage the whole payments cycle. The initial solution will be implemented in the UK for up to 320 users.
PROACTIS offers highly configurable cloud-based software and expert services that will enable the customer to streamline its accounts payable and approval processes with the distributed dealer network, making them more efficient, as well as providing the scalability to introduce upfront purchase ordering as a means of driving continuous improvement.