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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
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Proactis Holdings Plc | LSE:PHD | London | Ordinary Share | GB00B13GSS58 | ORD 10P |
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0.00 | 0.00% | 74.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
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0 | 0 | N/A | 0 |
Report Highlights Findings across Private, Not-for-Profit and Public Sectors
PROACTIS, a global Spend Control and eProcurement solution provider, today announced availability of a report summarising results from a June 2016 survey of procurement and finance executives who attended The Spend Control Summit held at the Emirates Stadium in London.
The report summarises the current state of automation across eight distinct areas of Spend Control and eProcurement Technology with breakdowns by private, not-for-profit and public sectors. It also provides a view of which of those areas organisations in each sector are focusing on for review and transformation today and over the coming year. Differences among the three sectors are compared and contrasted, and possible implications are highlighted.
“This report provides some very interesting insights into the current state of Spend Control,” said Rod Jones, CEO, PROACTIS. “It provides procurement and finance executives with a wide range of information against which they can benchmark their own current state and transformation plans.”
The Spend Control and eProcurement areas covered by the survey included Spend Analysis, Strategic Sourcing, Supplier Information Management, Supplier Relationship Management, Contract Visibility and Management, Purchase-to-Pay, Invoice Receipt and Processing, and Electronic Supplier Commerce.
Although results varied significantly from sector to sector, a few key high level points from the report include:
Overall, the number or organisations planning to focus on one or more areas in the near-term is incredibly high – suggesting Procurement is becoming more strategic and central to senior decision-makers change initiatives. A full 57% of the respondents’ organisations are focusing on review and transformation of at least one area TODAY and an even greater 77% of the respondents’ organisations plan to focus on one or more of these areas WITHIN 6 MONTHS.
The full report can be downloaded at www.proactis.com/survey2016.
--ENDS--
About PROACTIS
PROACTIS is a global Spend Control and eProcurement solution provider. Over 800 organisations across 90 countries use PROACTIS software and services to transform their procurement, purchase-to-pay and accounts payable processes to deliver greater bottom-line value.
For further information, visit proactis.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160712005846/en/
PROACTISSimon Dadswell+44 (0)1937 545070simon.dadswell@proactis.com
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