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Appointment of commercial partner

9th Jan 2013 07:00

RNS Number : 1147V
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
 
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