Proactis recognized in 2021 Gartner® Magic Quadrant™ for Procure-to-Pay Suites for the sixth time

October 2021 - Proactis, the spend management experts, today announced that it has been recognized by Gartner Inc. as Niche Player in their 2021 for Magic Quadrant for Procure-to-Pay suites report. Gartner defines the, “procure-to-pay (P2P) suite market as integrated solutions with automated workflows to request, procure, receive, and pay for goods and services across an enterprise.”[1]

Proactis has been evaluated based on it Completeness of Vision and Ability to Execute.

“We are delighted to be recognized again by Gartner in this report” stated Paul van Rietschoten, Chief Technology Officer at Proactis. “In today's uncertain and dynamic times, organizations benefit from the right technology to get insight into their spend. Therefore Procure-to-Pay is a top priority for organizations given how it increases employee productivity, improves efficiency and manages spend. Our goal is to deliver highly-focussed spend management solutions that our customers truly value, and this recognition supports this.”

The 2021 Gartner Magic Quadrant (MQ) evaluated Procure-to-Pay solutions based on:
Ability to Execute. “Gartner evaluates a P2P suite vendor’s Ability to Execute by assessing its product’s services, sales and marketing execution, and overall operations.”
Completeness of Vision. “Gartner evaluates a P2P vendor’s Completeness of Vision by assessing multiple criteria that show their ability to understand current market trends, influence future state of the market, and respond to customer needs and competitive forces.”[1]

Visit the Gartner website for more details about the report.

[1] Gartner, “Magic Quadrant for Procure-to-Pay Suites”, Kaitlynn Sommers, 25 October 2021.

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