Proactis held its second late payment taskforce roundtable with industry leaders in July 2019.
Businesses of all sizes have liquidity cash flow challenges, albeit some far more than others. The greatest pain is often felt by those who don’t have easy access to alternative methods of bridging gaps in cash flow, and SMEs are the business most affected by this.
Unlike large businesses small business owners often wear many hats, a single person can find themselves responsible for Sales & Marketing, Finance & Reporting, HR & Recruitment, Funding, Operations, Procurement, Debt Collection etc. Therefore, time spent doing something they shouldn’t need to is time lost doing something that could be adding real value to their business.
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.