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PROACTIS Signs Fortune 100 U.S. Customer for Cloud-Based eProcurement Solution

News Facts

• PROACTIS, the spend control and eProcurement specialist, today announced a Fortune 100 organisation has selected PROACTIS software to streamline its purchase-to-pay processes.
• The agreement is for a $1/2m, three year Software-as-a-Service (SaaS) commitment for PROACTIS Purchase-to-Pay with a pre-agreed roll-out plan for the whole corporation.
• The deployment includes cloud-based application delivery for multi-site operations, using data centres that are compliant with SAS 70 Type II requirements for physical and logical security.
• The solution will help the Fortune 100 customer to achieve process efficiencies, cashable economies of scale and reduce error and waste across their purchase-to-pay cycle.

Supporting Quotes

• "We are delighted that one of the largest publically held manufacturers in the world has selected PROACTIS to improve its financial control and compliance with organisational buying policies and standards," said Rod Jones, CEO, PROACTIS. "We have achieved significant success in assisting large corporations to improve every aspect of their purchase-to-pay operations and deploy a common spend management platform across multi-sites and multi-operations. This is testament to the quality of our solutions which have been endorsed by leading analysts as best-in-class and leading the field."
• Sean McDonough, COO, PROACTIS commented: "We are seeing an increased demand for cloud-based eProcurement solutions and flexible licensing models. We look forward to working with this Fortune 100 company, another major win in the U.S. region, to harness the power of our solutions and manage the whole purchase-to-pay process; from requisition, budget approval and authorisation, through to goods and services receipt, invoice receipt and matching, discrepancy resolution and integration with corporate financials."

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