IDC recognizes Proactis as major player in worldwide Sourcing applications market

Proactis, the global spend management company, today announced that the company has been recognized by IDC as a Major Player in the “MarketScape: Worldwide SaaS and Cloud-Enabled Sourcing Applications 2018 Vendor Assessment”.

IDC MarketScape is the ICT industry's premier vendor assessment tool, providing in-depth quantitative and qualitative technology market assessments of ICT vendors for a wide range of technology markets.

“We are delighted by the IDC endorsement which demonstrates the significant savings customers are achieving from our strategic sourcing applications and BPO services, by streamlining the ongoing, long-term procurement of materials and services,” said Simon Dadswell, EVP Group Marketing, Proactis. “Our range of solutions enable competitive bidding; facilitating optimal pricing and supplier selection on a wide range of spend categories that is resulting in billions of dollars of customer savings worldwide when compared to traditional processes.”

After a thorough evaluation of Proactis' offerings and strategy, the report – based on depth of application capabilities and functionality, range of services, total cost of ownership, delivery options, customer satisfaction and geographic reach – highlights that Proactis is perfect for businesses that are focused on improving procurement and sourcing experiences. The company’s suite of sourcing solutions combines best-in-class processes with automation to complete the sourcing cycle, including project management, RFx automation, supplier identification and bidding, and advanced optimisation tools.