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Proactis Holdings Plc

Automotive manufacturer selects Proactis Holdings Plc to streamline key financial processes

Multinational manufacturer of automobiles to lower costs and optimise their financial processes across a distributed dealer network by adopting a cloud-based Spend Control & eProcurement platform.

Proactis Holdings Plc, a global Spend Control and eProcurement solution provider, today announced it has signed an agreement with a multinational manufacturer of automobiles for the delivery of a Purchase-to-Pay and Accounts Payable Automation solution to streamline key financial processes in its UK division.

The agreement includes the PROACTIS Invoice Capture service and Purchase-to-Pay software for processing circa. 150,000 invoices including coding, workflow and approvals. PROACTIS is also delivering full integration to the organisation’s dealer management system to manage the whole payments cycle. The initial solution will be implemented in the UK for up to 320 users.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.