Article co-written by Ilija.Ugrinic, UK Commercial Director at Proactis, as seen on Global Banking and Finance Review
The 1988 United Kingdom postal workers strike proved to be pivotal in the way Procurement and Finance teams operated. With paper requisitions grinding to a halt, a new way of operating was born as the age of the fax machine began.
Over thirty years on, the UK (and indeed the entire world) is faced with a new challenge, different in nature, but once again forcing the quick adoption of a new approach and with it, the full ignition of remote working!
One challenge that we hear that Finance functions are facing is the ability to effectively and efficiently process invoices, and that’s difficult to hear because we are all intensely aware that the supply-chain is a critical success factor for all organisations.
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.