Proactis SA (PROAC)

Overview

Proactis SA, formerly known as HUBWOO, is a leading provider of source-to-pay software solutions that enhances control over business spend through its comprehensive software platform. Based in Suresnes, France, the company focuses on offering a wide array of procurement solutions tailored to facilitate the purchasing process for routine goods and services, capital goods, and major projects. Since its rebranding in January 2019, Proactis SA has been operating as a subsidiary of Proactis Euro Hedgeco Limited, aiming to integrate seamlessly with various ERP or financial systems to provide a fluid transaction experience. The company’s commitment to innovating purchasing processes and managing spend efficiently has positioned it as a key player in the procurement solutions industry.

Products and Services

• Procurement Solutions: Offers comprehensive tools designed to assist purchasing professionals in managing the buying process for different categories such as routine goods and services, capital goods, and major projects. These solutions aim to streamline procurement operations, enhance efficiency, and reduce costs through effective spend management.
• Invoice Capture Services: Facilitates the digitization of invoice processing, allowing for automated capture, processing, and integration of invoice data into financial systems. This service aims to improve accuracy, save time, and reduce the costs associated with manual invoice handling.
• System Administration: Provides ongoing support for the Proactis software platform, ensuring that the system is running smoothly, up-to-date, and configured to meet the specific needs of the business. This service is crucial for maintaining operational efficiency and maximizing the platform’s effectiveness.
• Supplier Onboarding: Offers services designed to streamline the integration of new suppliers into the procurement system. This includes facilitating the exchange of necessary information, ensuring compliance with procurement policies, and assisting suppliers in adopting the system for seamless transaction processes.
• Tail Spend Management Services: Focuses on managing the tail spend, which often encompasses a significant number of low-value transactions that are not actively managed. Proactis SA’s solutions in this area aim to consolidate suppliers, negotiate better prices, and automate the procurement process for these transactions to achieve cost savings and operational efficiencies.
• Integration with ERP or Financial Systems: Ensures that Proactis SA’s solutions can seamlessly integrate with a variety of ERP (Enterprise Resource Planning) or financial systems. This compatibility allows for better data accuracy, streamlined processes, and enhanced visibility over spend across different platforms.