International Banking Group Cashes in with PROACTIS

News Facts

  • PROACTIS today announced that a leading commercial and investment banking group has chosen its cloud-based spend control and eProcurement solutions to drive savings and build a platform for profitable growth.
  • The Group is headquartered in Bahrain with operations across the Middle East, Africa and UK and provides wealth management, retail, corporate, treasury, offshore and private banking services.
  • PROACTIS has been selected to capitalise on opportunities for savings and to incorporate transparency, automation and rigour into its internal processes - sourcing, contract management, supplier management, purchasing and payables.
  • The agreement is for a five-year cloud subscription license which will see PROACTIS rolled-out across the Group's international operations.

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