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

Proactis, the spend management experts, revealed that analysis shows over one in ten procurement exercises don’t yield contracts, and that 80% of total value of average contract is actually drawn down in the financial year. Procurement teams

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,

Objectives Provide client property owners with best value for procurement of goods, services, utilities and other expenditures for managed facilities. Ensure control over expenditure against budget at the point of order not invoice. Maintain consistent control

Proactis, the spend management experts, has been recognised by Capgemini in its Digital Procurement Research 2020-21. The research has been developed to help organisations to transform their procurement functions by selecting the right procurement solution and

The corporate impact of the spend management process is significant and is evolving from isolated functions to a single process in which purchasing and accounts payable are becoming automated, with analytical functions adding further value. This

Being able to react quickly gives companies a major advantage. Recently, companies and their Finance and Procurement departments all over the world have been forced to change and adapt. And some companies have been better placed

Radical transparency is slowly filtering through organisational functions. The concept, based on radically increasing the openness of organisational processes and data, is relatively novel. It received international attention in 2017 in a book by Ray Dalio

For any organisation in the middle of a software implementation, recent events may have just pulled the rug out from underneath them. In the best of times, these projects are challenging, but teams are also having

Proactis, the spend management experts, has revealed that the University of Sussex, a leading research-intensive university located in the UK, is using Proactis Invoice Capture to streamline its invoicing processes to drive extra value across the institution. The

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

Radical transparency is slowly filtering through organisational functions. The concept, based on radically increasing the openness of organisational processes and data, is relatively novel. It received international attention in 2017 in a book by Ray Dalio

Proactis, the spend management experts, has revealed that it is working with the University of Essex to streamline purchasing and invoicing processes, to drive extra value and improve efficiency. “The process of manually managing purchase invoices