Data-driven spend management – the key to good business planning and decision making

As markets evolve, effective information management is quickly becoming an essential requirement to achieve control of spend and a healthy bottom line. For many organisations, this takes the form of data-driven spend management, i.e. strategic purchasing, cost reduction, and supply chain management informed by in-depth data.

In order to maximise your return on investment (ROI), achieve absolute efficiency, and create long-term value for your organisation, your team needs to be able to access comprehensive data. For example, if you can access a clear picture of eProcurement and purchasing activities, from transactions through to summary analysis, you can gain total visibility of spend in near real-time, to help make informed business decisions.  

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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