In many organisations, invoice processing is the single most paper-intensive, “high touch” manual activity remaining today. Even organisations that have largely automated their front office, operational and supply chain functions often still process invoices in a very manual manner. Companies that rely on traditional invoicing processing practices, which are burdened by many inefficient, manual tasks, find themselves at a competitive disadvantage to companies that have transformed this process.
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.