PROACTIS Holdings PLC bePayd Strategic Contract Win

TIDMPHD

PROACTIS Holdings PLC

21 June 2021

Proactis Holdings PLC

bePayd Strategic Contract Win

Proactis Holdings PLC, ("Proactis", the "Group" or the "Company"), the business spend management solution provider, is pleased to announce that it has signed a commercial partnership agreement with EPSA, the international sustainable performance expert.

EPSA operates across 30 countries and is the parent company of Experbuy, the first bePayd customer. Under the agreement EPSA will market the Proactis early payment service, bePayd, further into the French market. This will extend the market reach of bePayd.

Matthieu Gufflet, Founder of EPSA, commented:

"EPSA strengthens its cash optimisation offer through this partnership. bePayd offers the opportunity to increase operating profitability to buyers and improve supplier working capital solutions. The supply chain is effectively reinforced."

Tim Sykes, Chief Executive Officer at Proactis, commented:

"We are delighted to have agreed this strategic relationship with our partner, EPSA. It's a further validation of Proactis' value proposition and EPSA's expertise and reach into the enterprise class French market will help accelerate the deployment and shape of bePayd quickly. "

For further information, please contact:

 
  Proactis Holdings PLC 
  Tim Sykes, Chief Executive Officer               01937 545070 [e-mail] 
   Richard Hughes, Chief Financial Officer 
  finnCap Ltd 
   Carl Holmes/Emily Watts - Corporate Finance 
   Andrew Burdis/Richard Chambers - ECM              0207 220 0500 
 
    Alma PR                                          020 3405 0205 
    Hilary Buchanan/Sam Modlin/David Ison            [e-mail] 
 

Notes to Editors:

Proactis creates, sells and maintains software and services which enable organisations to streamline, control and monitor all indirect expenditure. Its solutions are used in approximately 1,100 buying organisations around the world from the commercial, public and not-for-profit sectors.

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June 21, 2021 02:00 ET (06:00 GMT)