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 but has still to become part of everyday business.
There is, however, change afoot. What began as a strategic, almost visionary, concept has now become a tangible and measurable approach to business management.
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.