PROACTIS Offers Benchmarking Service to Help Organisations Improve Spend Control
PROACTIS, a global Spend Control and eProcurement solution
provider, today announced that the company is launching a Spend
Control Benchmarking Service to help organisations improve
financial control and procurement effectiveness.
Spend Control has emerged as an important strategy to help
organisations improve their operational and financial performance
by improving the way they buy all types of goods and services. A
comprehensive Spend Control process involves a number of
inter-related activities, from strategic procurement functions to
daily purchase-to-pay activities, supported by eProcurement
technologies.
Simon Dadswell, Marketing Director of PROACTIS said: "Using
structured assessment tools, this free service will help
organisations to break down each of the key functions required for
effective Spend Control into the management issues and activities
that are most important, and evaluate their organisation on a
spectrum of maturity levels for each issue or activity."
The key functions for Spend Control include;
Purchasing, Invoicing, Sourcing, Supplier
Management, Contract Management and Catalogue
Management.
"Based on the assessment, organisations will be able to: better
visualise how all the areas work together for effective Spend
Control, know where they should put their focus for the biggest and
fastest results, and have the basis for developing a business case
for a Spend Control initiative," continued Simon.
PROACTIS has developed the rapid Benchmarking Service based on its
experience of working with hundreds of organisations around the
world in various stages of development of their Spend Control
processes.
To request the free Spend Control Benchmarking Service. Click
here
