In the news: Stewart Monk on procurement’s role in supporting British businesses
Proactis Chief Revenue Officer Stewart Monk shares his Autumn Budget priorities with Entrepreneur UK, calling on the Chancellor to make it easier for SMEs to compete for public sector contracts and encouraging organisations to look beyond price when making purchasing decisions. Stewart is one of five business leaders featured in the publication’s pre-Budget roundup, representing the voice of procurement and Source-to-Pay.
Why procurement matters more than ever right now
In Entrepreneur UK’s Autumn Budget roundup, Stewart draws on more than 30 years of experience working with public and private sector organisations to make the case for procurement as a lever for economic growth - not just cost control.
With organisations facing financial pressure, Stewart argues that defaulting to the cheapest option misses the bigger picture. Better spend management creates savings and opens doors for smaller suppliers, keeping money moving through local economies rather than concentrating it at the top of supply chains.
“The cheapest option doesn’t always deliver the best value, particularly when you consider the longer-term impact on suppliers and local economies.”
Stewart Monk, Chief Revenue Officer
The ask
Stewart’s message to the Chancellor is direct: make it easier for SMEs to win public sector contracts, and encourage organisations to look beyond the initial price when making purchasing decisions.
With so many smaller businesses under financial pressure, procurement has a practical role to play in distributing opportunity more fairly - and that starts with how buying decisions are made.
Read the full article:
Autumn Budget 2026: What do UK Business Leaders want to see?
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