I would like to...
As a Buyer
Manage supplier relationships
Achieve best value from sourcing
Gain visibility and control of spend
Improve Accounts Payable efficiency
Manage spend across multiple locations
Manage tail spend
Minimize supplier risk
As a Supplier
Accelerate business processes
Promote products and services to buyers
Access relevant tendering opportunities
ReThink Spend Management
End-to-end solutions that drive greater value and productivity
Accounts Payable Automation
Accelerated Payment Facility
Implement and improve
Content Management Services
Spend Analysis Services
eCommerce solutions that drive increased B2B sales with greater efficiency
The Business Network
Global framework for fast, efficient buyer/seller interaction and commerce
Healthcare and Pharmaceuticals
Speed, accuracy and performance is essential for success for financial services organizations
Financial services companies often take an entrepreneurial and dynamic approach to purchasing, yet sometimes miss out on major strategic rewards.
A lack of real-time data means banks and others can fail to spot opportunities to take advantage of purchasing trends, manage suppliers better and improve sourcing – on everything from office and IT supplies to building maintenance.
Whilst companies understand the value of risk management and the threat of fines, they don't always see serious vulnerabilities that exist within their supplier base – or know how to manage due diligence across thousands of suppliers, categories and countries.
Organizational challenges can flare up too. Mergers, acquisitions and the separation of some retail and investment operations – ordered by regulators – can cause problems when disparate teams, legacy systems and data fail to fit the new shape of an organization.
Taking spend management to the next level
Recognize and seize opportunities that others miss – transform the way you source, purchase and pay for all types of goods and services.
With Proactis, you can use new capabilities to further reduce cost and risk, and to ensure regulatory compliance in the way you buy everything from office and IT supplies to temporary staffing. You can streamline the way you interact with your supplier base and you can use supporting technology frameworks with the flexibility to smoothly evolve with inevitable organizational and regulatory change over time.
We’ve teamed up with leading financial services companies to make it happen:
Our solutions don't just add technology for the sake of it,
they create savings, value and competitive advantage.
A large regional bank in the US with over $140 billion in assets and over 1,200 full-service banking centers in 10 states...
…initially deployed Proactis solutions to streamline their P2P process whilst improving visibility and control, and providing the agility to respond to future compliance and regulatory demands. They have since licensed the entire Proactis suite and are now deploying a full range of Source-to-Contract solutions, beginning with supplier management.
A US-based financial services and retirement benefits provider, with individuals and businesses relying on its ability to manage money...
…proceeded with a full deployment of an enterprise-wide eProcurement solution, including implementation for multiple locations with 1,200 users and over 1,000 suppliers to manage. They also opted to deploy a sourcing and spend analytics application to complement the eProcurement solution and promote strategic sourcing going forward.
One of the largest Midwest-based Financial Services company, operating nearly 1,200 full-service banking centers...
...introduced Proactis P2P best practices through the implementation of an automated solution which fully integrates with the incumbent finance system to achieve over 80% of spend under management.
A large health insurance company covering 2.8 million members...
…is deploying the full Proactis Source-to-Contract suite as the organization’s new generation solution for supplier relationship management, sourcing, contract management, content management and all forms of supplier engagement.
A global currency exchange company that provides financial services for millions of customers across over 50 countries...
…recently selected Proactis Purchase-to-Pay and the Invoice Capture Managed Service to replace largely manual and paper-based processes. Initial deployment is in the US and UK, and ultimately across Asia Pacific, Europe, Africa and the Middle East.
An established Middle Eastern banking group with entities in several countries...
…has deployed Proactis Purchase-to-Pay and related solutions to help address the company’s rapid growth through mergers and acquisitions. Proactis solutions provide the framework to standardize and streamline purchasing processes across all areas, enable centralized procurement of certain categories and leverage the company’s full buying power.
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