Accounts Payable (AP) processes have typically grown organically in line with the growth of the organisation; the need to pay suppliers has been seen as a transactional function and of little additional value to the organisation.
With the growing desire to align processes with company strategy, Accounts Payable processes are now getting the attention they deserve as organisations look to implement processes that are efficient and effective in the delivery of objectives to the organisation.
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.