A clear trend in the procurement journey to over-budget and underspend

UK-based Proactis, a business spend management integrated solutions provider, has roots on both sides of the Atlantic in source-to-pay solutions, and spans both private and public sector serving more than 1,000 enterprise clients, 2 million suppliers and over 3 million people in over 100 countries.

Its data analyst team has recently invested some time studying and analysing the data it has accrued from these substantial credentials, and has produced some interesting findings pertaining to spend surplus from procurement exercises. We thought the results would make interesting reading for our audience of CPOs and CFOs and indeed any business leader.

Proactis Holdings Plc (LON:PHD) develops and sells business software, and provides installation and related support services in Europe and the United States. The company offers Spend Control and eProcurement solutions that help organizations to improve operational and financial performance by enhancing the way they buy various goods and services.

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