Railway Pensions to Roll-Out PROACTIS Purchase-to-Pay

News Facts

  • PROACTIS today announced that the Railways Pension Trustee Company has selected its purchase-to-pay solution.
  • The Company is the trustee of the Railway Pension Scheme and other railway industry pension schemes. It has responsibility for assets of around £18bn and looks after over 360,000 active members, pensioners and preserved pensioners.
  • The PROACTIS purchase-to-pay solution will streamline the day-to-day purchasing processing in a way that ensures compliance to corporate guidelines and control and transparency of spend.    
  • Railways Pension is the latest financial services organisation to adopt PROACTIS which has other customers in this sector, including Domestic & General, Equity Insurance and Windsor Life.
  • The purchase-to-pay solution will be integrated to the company's Infor FMS SunSystems finance system by PROACTIS reseller, LAKE.

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