PROACTIS & UNIT4 Deliver End-to-End Process Management
PROACTIS, the spend control and eProcurement specialist, and UNIT4 Business Software, the UK division of UNIT4, the world's leading provider of ERP for fast changing organisations, have today announced a strategic partnership agreement to provide the PROACTIS suite of enterprise level eProcurement solutions to UNIT4 customers and prospects. The new agreement has been signed following a track record of collaboration.
The partnership combines UK-based PROACTIS experience of delivering best-in-class spend control and eProcurement solutions to Chief Financial Officers (CFOs) and Chief Procurement Officers (CPOs) with the global reach and customer base of UNIT4. Able to be implemented as individual modules or as an integrated solution into UNIT4 Financial Management Systems, PROACTIS extends the existing functionality to provide a full scope eProcurement solution for end-to-end process management.
"This announcement could not have come at a better time," said Rod Jones, CEO, PROACTIS. "Companies around the world are trying to streamline their procure-to-pay operations while keeping up best practices and maintaining access to the highest quality financial data. The PROACTIS and UNIT4 solution gives CFOs and CPOs an unbeatable strategic advantage, to obtain greater visibility of spending to drive savings and working capital management strategies."
PROACTIS' range of eProcurement applications are available immediately, can be deployed in a month or less and typically deliver return on investment in less than one fiscal period. Modules include:
- Supplier Engagement: A structured platform for reducing the cost of interacting with, managing and monitoring supplier relationships.
- Sourcing: To handle all types of sourcing from RFx to large scale tenders and enabling non-priced and non-catalogue requisitions to be automatically routed from UNIT4 software to the eSourcing module.
- Catalogue Management: An online platform, with the ability to punch-out to third party websites and supplier catalogues, allowing suppliers to maintain up-to-date pricing and catalogue information.
- Contract Management: A central repository for the post-award management of contracts.
"PROACTIS' best-of-breed eProcurement solutions working seamlessly with UNIT4's world-class Financial/ERP system offers a compelling proposition for any organisation looking to streamline their business processes and exploit saving opportunities in one fully integrated solution." said Anwen Robinson, Managing Director at UNIT4 Business Software Limited. "By partnering with PROACTIS, we enable customers to better manage their financial and procurement processes to improve performance and ultimately bottom line results."
ABOUT PROACTIS
PROACTIS is a leading provider of spend control and
eProcurement solutions. Over 350 organisations across 70
countries use PROACTIS software and services to streamline their
purchase-to-pay process and obtain best value and control in
procurement. Two million licensed users take advantage of PROACTIS
in their day-to-day operations.
- PROACTIS solutions for Finance enable organisations to streamline the purchase-to-pay process, eliminate labour-intensive manual registration of invoices, speed up invoice matching and approvals, and gain control of "after-the-event" purchase claims.
- PROACTIS solutions for Procurement help organisations to automate the full buying cycle from improving the way they find, evaluate and engage suppliers to increasing "on-contract" spending and enabling more effective collaboration with their trading network.
Widely used in mid-to-large sized organisations across private, public and not-for-profit sectors, PROACTIS is routinely integrated with existing ERP and financial systems. PROACTIS can be implemented on premise or as a hosted model and offers flexible user-based, perpetual and subscription-based licensing models.
PROACTIS Group was founded in 1996 and floated on the London Stock Exchange in 2006 (AIM: phd). Headquartered in UK with operations in North America, PROACTIS has an extensive accredited partner network in EMEA, USA and APAC regions.
For further information, visit www.proactis.co.uk.
ABOUT UNIT4
UNIT4 is a global
business software and services company aimed at helping
dynamic organizations to embrace change simply, quickly and cost
effectively in a market sector it calls 'Businesses Living IN
Change' (BLINC)™. The Group incorporates a number of the
world's leading change embracing software brands including Agresso
Business World and CODA financial management software.
For mid-sized services intensive organizations, UNIT4 markets the Agresso Business World ERP suite that is widely acknowledged as the business software solution that delivers the lowest Total Cost of Change. This is achieved thanks to its VITA™ architecture which allows for ongoing, post-implementation changes without the typical external IT costs and services that cost firms huge sums of money each year.
CODA Financials is our award-winning suite of best-of-class financial management software designed to integrate with your industry- and company-specific applications. CODA's LINK™ architecture sets it apart from ordinary accounting systems by providing a financial information backbone for companies with fast-changing and mixed application environments. It is a global accounting solution for mid-to large sized organizations, offering a "no compromise" approach to financial modeling, process control and application choice.
In the UK we focus strongly on the public sector where we are a leading provider to Local Government, Further and Higher Education and Health organisations. In the commercial sectors Financial Services, Retail and Media and Publishing are key markets. Overall we aim to be the UK's foremost business software company, providing solutions that transform the delivery of public services and comprehensively support commercial organisation in their ability to adapt and prosper in rapidly changing environments.
UNIT4 is a top six mid-market ERP software player globally and the 2nd largest European ERP supplier. With offices in 13 European countries, as well 6 countries across North America, Asia Pacific and Africa and sales activities in several other countries, a revenue of €379.4 million was realized in 2009. UNIT4 is headquartered in Sliedrecht, the Netherlands. The company has 3,456 employees (31 December 2009).
For more information, please visit: www.unit4software.co.uk.
