Pensions Administrator RPMI Improves Purchasing Control with PROACTIS

News Facts

  • PROACTIS today announced that pensions administrator, RPMI, has improved control and visibility of organisational spend after implementing the PROACTIS purchase-to-pay solution in March this year.
  • The eProcurement solution was selected via accredited PROACTIS reseller, LAKE, to replace a largely manual process for buying goods and services.
  • RPMI chose PROACTIS for its ease of use and proven integration with their finance system, Infor FMS SunSystems.
  • PROACTIS has streamlined the day-to-day purchasing processing in a way that ensures compliance to corporate guidelines and control and transparency of spend.
  • The solution has proven to be easy to roll-out across the organisation and has been well received by employees.

Supporting Quotes

  • Stuart Blackett, RPMI's Financial Controller comments: "We have been receiving positive feedback from around the organisation. People are finding it very intuitive and they understand why they are being made to use it. With only half an hour or an hour's training session they have been able to pick the system up and use it."
  • "One of the great things about PROACTIS is that it logs invoices as they come in and budget holders get electronic copies of everything they are asked to approve. They can drill to an image of the invoice there and then. And when suppliers ring up and say 'we haven't been paid', my team say you haven't been paid because it hasn't been approved and it's with 'so-and-so' for approval. We now have much improved visibility of where invoices are in the system."

About RPMI

  • RPMI 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.