There’s a growing interest in spend management among the public and private organisations. And finding new ways to control expenditure on goods and services has become a quest for many. But what’s driving this trend?
Today, organisations face intense macro-economic pressures. Almost every sector is impacted by financial turbulence, tight profit margins and growing competition. Disruptive business models and technologies are all part of the new economy and are often lauded and encouraged.
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.