PROACTIS, a global Spend Control and eProcurement solution provider, announced today that it is subject of a detailed Supplier Relationship Management (SRM) report published by Capgemini Consulting, a global strategy and transformation consulting organisation.

A full copy of 2012-2013 Supplier Relationship Management (SRM) report is available at capgemini.com.

The Capgemini solution analysis and business insights research referenced PROACTIS' integrated suite of Source-to-Contract solutions in the top 3 for functionality and scope of procurement processes.

Simon Dadswell, Marketing Director of PROACTIS said: "We believe the research confirms our breadth of vision and ability to provide the most comprehensive range of integrated procurement solutions that help clients reduce the cost of purchased goods and services while at the same time minimising risk, improving efficiencies, and increasing transparency."

Capgemini completed the functionality analysis based on an extensive list of 171 questions representing the "most asked-for" and the "most-critical functionalities", covering the entire spectrum of the procurement process.

The survey assessed the level of support vendors provide across the overall Supplier Relationship Management (SRM) process divided into nine sub-categories:

  • Procurement intelligence
  • Project Management
  • Sourcing
  • Supplier Management
  • Contract Management
  • Catalogue Management
  • Operational Procurement
  • External resources
  • BPO Procurement

PROACTIS Source-to-Contract applications facilitate effective collaboration among departments, procurement teams, and suppliers to find the best, most cost-effective solutions to meet business needs. They help organisations to minimise supplier-related risk and maintain strong supplier relationships by standardising supplier selection, review, and communication processes. They also streamline many routine administrative functions and enable self-service supplier information of key information. This frees up time to bring more spend categories under management, and to perform more value-added activities.

All PROACTIS software applications are built on a cloud-based framework that supports geographically dispersed procurement teams, as well as a broad range of self-service online supplier capabilities.

"Our interpretation of the functionality assessment and score charts used in the Capgemini Report, combined with other analyst comment, positions PROACTIS as the UK's no 1 Source-to-Contract vendor and Top 3 Worldwide," continued Dadswell.

distributed by