Proactis again positioned in Gartner 2020 Magic Quadrant for Procure-to-Pay suites
Global spend management and digital trade experts, Proactis, has again been included in the Gartner Magic Quadrant – Procure-to-Pay report which was released earlier this week.
The recognition follows a record year of new business deal intake as Proactis secured a 29 per cent increase in total contract value, and expects to see momentum build despite Covid-19 as it continues to roll out its new go-to-market strategy in the coming years.
This marks Proactis’ fifth time in the Gartner Magic Quadrant, positioned in the Niche Players quadrant.
Paul van Rietschoten, Chief Technology Officer at Proactis, commented: “Our software and services have been created to help our customers to control 100 per cent of their spend, to improve organisational agility and to increase savings. We’re delighted that our platform has been recognised and that we have again been included in this latest Gartner Magic Quadrant.”
Proactis provides integrated spend management solutions covering the full Source-to-Pay process including sourcing, contract management, procurement and automated invoice processing. The company serves over 1,200 enterprise and mid-market clients and 2 million suppliers across 100+ countries.
Gartner, Magic Quadrant for Procure-to-Pay Suites, October 2020.
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