Procurement Magazine July 2024 | Page 34

PROACTIS REVENUE : US $ 19.37M EMPLOYEES : 594 CEO : STEPHEN LINE FOUNDED : 1996
TOP 10

PROACTIS REVENUE : US $ 19.37M EMPLOYEES : 594 CEO : STEPHEN LINE FOUNDED : 1996

10Stephen Line

CEO , Proactis
With Proactis , companies can create and maintain a strong supplier base by creating and streamlining the entire supplier lifecycle from the identification to adoption , approval , transaction and analysis . Through its platform , it can manage the entire process , reducing supplier risk and improving supplier relationship , while also reducing administrative work .
From the ability to see all the suppliers in one location to providing up-to-date vendor information , Proactis can help improve supplier performance and lower costs while reducing cost of disruptions caused by non-performance and enable more transparency with up to date supplier information which can be shared across a business .
34 July 2024