PROACTIS Holdings PLC Appointment of commercial partner
January 09 2013 - 2:00AM
RNS Non-Regulatory
TIDMPHD
PROACTIS Holdings PLC
09 January 2013
For immediate release 9 January 2013
PROACTIS Holdings PLC
Appointment of Commercial partner
PROACTIS Holdings PLC ("PROACTIS", the "Group" or the
"Company"), the specialist Spend Control software provider,
announces that Tata Consultancy Services ("TCS") has selected
PROACTIS' integrated suite of procurement software solutions to
power its Procurement BPO Platform.
TCS is a leader in the global marketplace for IT services,
consulting and business solutions and has more than 35 pre-defined
procurement processes developed using best practices assimilated
from over 30 years of in-depth expertise.
TCS' Procurement BPO Platform, an integrated procurement and
purchase-to-pay solution, will provide streamlined and cost
effective processes for their clients along with a framework of
sourcing, contract, catalogue and supplier management capabilities
that will help leverage their client's full buying power, gain best
value agreements, and maximise the percentage of "Spend Under
Management" across all categories.
The Procurement BPO Platform will be hosted on a reliable,
scalable and secure infrastructure under a choice of business
models.
Rod Jones, CEO of PROACTIS said:
"PROACTIS and TCS share a common commitment and passion for
bringing the benefits of procurement process excellence to
organisations around the world. We are delighted that TCS has
selected PROACTIS as core to its Procurement BPO Platform to help
some of the world's largest companies reduce the cost of purchased
goods and services while at the same time minimising risk,
improving efficiencies, and increasing transparency."
- ends -
Enquiries:
PROACTIS 019 3754 5070
Rod Jones, Chief Executive Officer
Tim Sykes, Chief Financial Officer
finnCap Limited 020 7220 0500
Marc Young / Charlotte Stranner
PROACTIS creates, sells and maintains specialist software which
enables organisations to streamline, control and monitor all
internal and external expenditure, other than payroll. PROACTIS is
used in over 300 organisations in the UK from the commercial,
public and not-for-profit sectors.
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRABPMRTMBIMBTJ
Proactis (LSE:PHD)
Historical Stock Chart
From Mar 2024 to Apr 2024
Proactis (LSE:PHD)
Historical Stock Chart
From Apr 2023 to Apr 2024
