Places for People Selects PROACTIS Spend Analysis to Drive Savings
01 August 2016 - 6:08PM
Business Wire
PROACTIS, a global Spend Control and eProcurement solution
provider, today announced that Places for People has selected
PROACTIS cloud-based Spend Analysis solution to provide the
information it needs to drive year-on-year savings.
Places for People is one of the largest property management,
development, regeneration and leisure companies in the UK. It is
comprised of over 20 companies, has assets in excess of £3 billion,
and manages more than 152,000 homes.
PROACTIS Spend Analysis combines sophisticated spend data
capture, cleansing, enrichment and classification capabilities with
leading edge artificial intelligence to provide instant visibility
and insight into corporate spending. It provides an essential tool
for strategic sourcing, risk management, compliance management and
process improvement.
“Given the breadth and complexity of organisational spend, we
recognised the need for a best of breed Spend Analysis solution
that would allow us to effectively drive spend under management and
strategic sourcing,” said Alan Heron, Head of Procurement at Places
for People. “PROACTIS Spend Analysis will provide our team with the
information they need to: identify and capture savings
opportunities, identify and mitigate risks, improve process
efficiencies and improve financial and operational
performance.”
PROACTIS Spend Analysis is a purpose-built solution that
addresses all typical data issues and puts powerful ready-to-use
analytical capabilities directly into the hands of procurement and
finance professionals. It requires little IT assistance and can be
delivering actionable insights in a matter of weeks.
The multi-year Spend Analysis agreement builds on the already
longstanding relationship between PROACTIS and Places for People,
including the automation of Accounts Payable, Contract Management,
and Sourcing. PROACTIS Spend Analysis will also be used by Places
for People’s innovative ‘Procurement Hub’, which provides a range
of free-to-join OJEU compliant frameworks designed to save
customers time and money.
-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
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PROACTISSimon Dadswell+44 (0)1937
545070Simon.dadswell@proactis.com
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