PROACTIS Enhances Cloud-based Marketplace for UK Higher Education and Public Sector Organisations
October 07 2016 - 7:41AM
Business Wire
New Search Features Help Buyers Easily Find
and Compare Products for Best Value Purchase
PROACTIS, a global Spend Control and eProcurement solution
provider, today announced immediate availability of a number of
enhancements to the PROACTIS Marketplace, a PROACTIS-managed
eCommerce site that acts as a single point of access for shared
supplier catalogues, contracts and website punch-out connections
from over 2,000 catalogue suppliers. In the past year, over (GBP)
2.7 billion in spend was transacted in the PROACTIS
Marketplace.
With supplier content currently targeted primarily to the UK
Higher Education and Public Sector markets, the PROACTIS
Marketplace includes a wide range of suppliers covering many
different categories. Buyer organisations can select any or all
suppliers for use by their employees. Organisations can take
advantage of the multitude of supplier content already available
and easily apply their own terms and core lists to reflect their
individual contracts and requirements, thus leveraging the
Marketplace supplier community whilst retaining control.
Enhancements include extended auto-suggest, keyword matching and
sort capabilities to enable faster identification of possible items
for any given need. In addition, enhanced capabilities to configure
‘recommended’ items have also been added (e.g. items from a
preferred supplier contract). To help buyers find and purchase
items with the best value, new Alternative Codes have been added to
the catalogue as well as a calculated base unit price (e.g. price
for one item regardless of pack size). Using this information,
search results now make it easy to compare the same or similar
products from different sources to make a cost-conscious buying
decision.
The PROACTIS Marketplace is integrated with the PROACTIS
Purchase-to-Pay (P2P) solution and can be used stand-alone by any
organisation to extend their existing Procurement systems and
processes.
The PROACTIS Marketplace is part of a comprehensive content
management solution suite that also includes a central electronic
catalogue with full in-house and supplier self-service management
capabilities, a punch-out hub for connections to supplier ecommerce
websites, and stores management capabilities for access to
available inventory. PROACTIS also provides optional content
management services that make it even easier for organisations to
offer their employees a content-rich shopping experience while
leaving the procurement staff with more time for sourcing, contract
management and other value-adding activities.
“Making it easy for employees to find, compare and select the
item that best fits their needs from the supplier that offers the
best overall value is one of the most important things
organisations can do to increase both savings and staff
productivity,” said Claire Thompson, Product Director at PROACTIS.
“Our PROACTIS Marketplace and all of the elements of our content
management solution are geared toward providing the type of
shopping experience employees everywhere want from their
organisation’s eProcurement environment.”
About PROACTIS
PROACTIS is a global Spend Control and eProcurement solution
provider. Over 800 organisations use PROACTIS for procurement,
purchase-to-pay and accounts payable processes to deliver greater
bottom-line value.
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PROACTISSimon Dadswell+44 (0)1937
545070Simon.dadswell@proactis.comproactis.com
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