Draft:Proactis
{{Paid contributions|date=March 2025}}
{{AFC submission|d|corp|u=80.5.156.79|ns=118|decliner=Gheus|declinets=20250303225155|ts=20250124151829}}
{{AFC submission|d|corp|u=MittSet|ns=118|decliner=DoubleGrazing|declinets=20250103105606|small=yes|ts=20250103092309}}
{{AFC comment|1=Press releases, routine business reporting, and (other) primary sources do not establish notability per WP:NCORP. This reads like a company presentation and potted history. We want to see what third parties, esp. independent and reliable secondary sources, have said about the business and what makes it worthy of note. DoubleGrazing (talk) 10:56, 3 January 2025 (UTC)}}
----
{{Short description|Procurement software brand}}
{{Draft topics|business-and-economics}}
{{AfC topic|org}}
{{Infobox company
| name = Proactis Limited
| logo = Logo of the company Proactis Limited.png
| type = Private
| traded_as = {{LSE was|PHD}} (2006–2021)
| foundation = {{start date and age|1996}}
| location_city = Wetherby
| location_country = England
| key_people = Stephen Line (CEO)
| area_served = Worldwide
| industry = Procurement Software
| products = Proactis Rego
| num_employees = 500 (2023){{Cite news | url=https://www.proactis.com/Proactis/media/Proactis/Papers%20and%20guides/Spend-Matters-Vendor-Analysis-Proactis.pdf | title=Vendor Analysis: Proactis | publisher=Spend Matters | date=June 11, 2023}}
| homepage = {{url|proactis.com/uk}}
| footnotes ={{cite web | url=https://s3.eu-west-2.amazonaws.com/document-api-images-live.ch.gov.uk/docs/FrAzpPIf9JnFrilyt9ihVptdWaYFtUIjMtLdthyUQu4/application-pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=ASIAWRGBDBV3K5UM6YAB%2F20241205%2Feu-west-2%2Fs3%2Faws4_request&X-Amz-Date=20241205T153806Z&X-Amz-Expires=60&X-Amz-Security-Token=IQoJb3JpZ2luX2VjEF8aCWV1LXdlc3QtMiJHMEUCIQCzCrSl0BFdJYrYDfpzeOpIUey7ukzS2UmH4EcKYP06AwIgUdsu6KowSwIRpxWvvZ1zyicnhUmmc3TobSdSS0CjevsqugUIGBAFGgw0NDkyMjkwMzI4MjIiDGPkh%2FjGBh7qrPKDFiqXBZYl3NSYxTaqSjki%2FjulO2oUXNExhC2hPdRr5lrQdt1%2BYJ4NKd1Hx%2Bbu6Px%2BPsnsePZ44f1taIJGwCQoMnrAhd5Z4YzEUdWaWcCihiUPla0DZBLAFMHIB9DKsqxQkRO%2BGYXaa6xMN7bNE95SxGi%2Ba162ACrghvNyAaUvXqWUzfNWkkQrbf6oQorgzm1W9zvPlLq4hGyB4zbPajBAqtEii8RVuZlVZM5DAq8bXhJSnCxDsBkoO1D7xfhVL2ClQaOmkywfRWngV01xsNFQSeG4Rz8bTu5SeYCtWBKZhIxed6xN8pEV2EQZ6RNFXsMc6%2B68VsFv4GVRMNAdtE30wfc%2F7IIsI6Q92LZjVKT63ka1zixcR7Gt3LCR%2Fkvyl%2FfF987tQ1MsiHGuZDi6h2v31MpNlCf56WPAZNLw7Bm%2BsINqRTocWUgOUUnNeIpfYaTx4anrHbrk0KdgENLSznJ56sfZsE2NJLTvY0t4%2F0aFlwXll0yZZu5tJVlF20t4KAt%2FElocEy9olYXnDKh%2Bm9%2BjXq7PjKgcYvi5gTPNs5dV6sQmp0JOkgsBjVHvuPPULf0cWXagaO6ypgZOi2AT8TsLzPFwfOTr7%2BLbl2Hm2w4kXLeo75ZACPrNBQDuF8CAMIqJdLQ1%2BYALsPsqCYezYPytVCwf7xqfdZdul4%2BgFzB6Wo4taIYbjBPAHG4ckbz8yjXuaYfIrYA4mcsBTuAM%2FoKeOfV9feaQ9FDUJmMFmGSNCw1QiLwD0RxyEoXn54J0wwx7uYPyhWW%2Fjc5ZBjwoSHynZ4B7m2FK7YpKPaaZD63igAF6MKKVPVyFDXxgVtwk8xb0UKapdPDtIlhtTZZShJAmMbr85NBihb4jrlnvI8mjy9Rlp2Dy4feOovJwNjDehMe6BjqxAVqy1Q9A2KgcjnICOerK55OBaOZA%2BopMai7IeaqG8QTdXJSe1%2FhMG3LsT7Lk2NlHJ9nplm1cSKE7MHn976%2Fl14OZ11HQoEciXpzj5LHbSiXbhpDb8ZcpR%2FXMl6tNDeletIBu3SHSH72o45i15m1%2BEVNeLoANeeTRdrfkgBCBYVY3%2B0L0foEuMib2def81wagvEPFhFTo%2BpS8t6VGMdBPIEJt2HH50qTiJy9T7MD3gti9UA%3D%3D&X-Amz-SignedHeaders=host&response-content-disposition=inline%3Bfilename%3D%22companies_house_document.pdf%22&X-Amz-Signature=ca5c92207ed6d1c7f72f1ed78d3f1aa01b53ade6722e268f818bae3f3daefc29 | title=Proactis Limited. 2023 Annual Report | publisher=Companies_House | date=October 15, 2024}}
}}
Proactis Limited is an English Software as a service company offering Procurement software The company is headquartered in Wetherby, West Yorkshire with offices throughout Europe, America and Asia Pacific. It operates worldwide, but primarily in the United Kingdom, France, Germany and the Netherlands.{{Cite news | url=https://www.voxmarkets.co.uk/articles/proactis-holdings-accepts-74-9m-offer-from-pollen-street-capital-and-dbay--61ec682/ | title=Proactis Holdings accepts £74.9m offer from Pollen Street Capital and DBAY | publisher=Vox Markets | date=June 11, 2021}}
In 2006, the company was listed on the Alternative Investment Market of the London Stock Exchange, trading as PHD. It was taken private by Pollen Street Capital and DBAY, in July 2021.{{Cite news | url=https://www.business-sale.com/news/business-sale/software-company-to-be-acquired-at-115x-multiple-221502 | title=Software company to be acquired at 11.5x multiple | publisher=Business Sale Report | date=May 5, 2021}}{{Cite news | url=https://www.voxmarkets.co.uk/articles/proactis-holdings-accepts-74-9m-offer-from-pollen-street-capital-and-dbay--61ec682/ | title=Proactis Holdings accepts £74.9m offer from Pollen Street Capital and DBAY | publisher=Vox Markets | date=June 11, 2021}}{{Cite news | url=https://www.pollenstreetgroup.com/latest-news/pollen-street-capital-and-dbay-complete-acquisition-of-proactis/ | title=Pollen Street Capital and DBAY complete acquisition of Proactis | publisher=Pollen Street Capital | date=July 28, 2021}}
History
The company was founded in 1996 as Get Real Systems.{{cite news | url=https://find-and-update.company-information.service.gov.uk/company/04725935 | title=Companies House: PROACTIS ACCELERATED PAYMENTS LIMITED | publisher=Companies_House}} It was renamed Proactis in March 2003.{{cite news | url=https://find-and-update.company-information.service.gov.uk/company/04725935 | title=Companies House: PROACTIS ACCELERATED PAYMENTS LIMITED | publisher=Companies_House}}
In 2006, the company was listed on the Alternative Investment Market of the London Stock Exchange.
In April 2007, the company acquired Source-To-Contract provider Alito.{{cite news | url=https://www.gambitcf.com/insights/software-company-alito-uk-bought-in-3-25m-takeover/ | title=Software company Alito UK bought in £3.25m takeover | publisher=Gambit Corporate Finance | date=April 17, 2007}}{{cite news | url=https://www.walesonline.co.uk/business/business-news/alito-uk-bought-325m-takeover-2259440 | title=Alito UK bought in #3.25m takeover | publisher=Wales Online | date=April 17, 2007}}
In January 2014, the company acquired EGS Group{{cite news | url=https://www.corporatelivewire.com/deal.html?id=proactis-holdings-plc-acquires-egs-group-limited | title=PROACTIS Holdings PLC Acquires EGS Group Limited | publisher=CorporateLiveWire | date=January 14, 2014}}{{cite news | url=https://www.purchasingnetwork.com/doc/proactis-announces-agreement-to-acquire-egs-group-limited-0001 | title=PROACTIS Announces Agreement To Acquire EGS Group Limited | publisher=Purchasing Network | date=January 14, 2014}}, and in August acquired Intelligent Capture, a company specialising in Document scanning and optical character recognition (OCR).{{cite news | url=https://otp.investis.com/clients/uk/proactis/rns/regulatory-story.aspx?cid=362&newsid=437433 | title=Acquisition of Intelligent Capture Limited | publisher=Investis | date=August 4, 2014}}{{cite news | url=https://bdaily.co.uk/articles/2014/08/04/wetherbys-proactis-buys-software-firm-for-155-million | title=Wetherby's Proactis buys software firm for £1.55 million | publisher=BDaily | date=August 4, 2014}}
In February 2016, the company acquired Due North Limited (ProContract) for its E-tendering portal functionality.{{cite news | url=https://www.fieldfisher.com/en/insights/fieldfisher-advises-on-the-sale-of-due-north-limited-by-access-intelligence-plc-to-proactis-holdings-plc | title=Fieldfisher advises on the sale of Due North Limited by Access Intelligence plc to Proactis Holdings plc | publisher=Fieldfisher | date=February 12, 2016}}{{cite news | url=https://www.yorkshirepost.co.uk/business/proactis-goes-due-north-to-strengthen-group-in-aps45m-acquisition-1804761 | title=Proactis goes Due North to strengthen group in £4.5m acquisition | publisher=The Yorkshire Post | date=February 3, 2016}}
In July 2017, Proactis acquired Perfect Commerce, a B2B Online Auctions company.{{cite news | url=https://www.proactis.com/uk/about-proactis/acquisitions/acquisitions/hubwoo-is-now-proactis/ | title=Hubwoo is now Proactis | publisher=Proactis Ltd | date=July 16, 2017}}
In August 2018, the company acquired Esize Holdings BV, a Netherlands based procurement software business.{{cite news | url=https://otp.tools.investis.com/clients/uk/proactis2/rns/regulatory-story.aspx?cid=362&newsid=1141607 | title=Trading Update & Acquisition of Esize Holdings BV | publisher=Investis | date=August 7, 2018}}{{cite news | url=https://directorstalk.net/proactis-holdings-plc-trading-update-and-acquisition-of-esize-holdings-bv | title=PROACTIS Holdings PLC Acquisition of Esize Holdings BV | publisher=Directors Talk | date=August 7, 2018}}{{cite news | url=https://www.yorkshirepost.co.uk/business/proactis-buys-dutch-software-firm-267889 | title=Proactis buys Dutch software firm | publisher=The Yorkshire Post | date=August 7, 2018}} In November 2018 Proactis expanded into the North American market in reaction to Coupa, its competitor, acquiring Aquiire.{{cite news | url=https://spendmatters.com/2018/10/17/coupa-aquiire-updated-2018-e-procurement-market-forecast/ | title=With Coupa Taking Aquiire, Only 2 Specialists Left Standing | publisher=Spend Matters | date=October 17, 2018}}
Proactis launched a free yearly training event called ReThink, focusing on Procurement and Finance professionals.{{cite news | url=https://spendmatters.com/2020/10/15/proactis-flagship-event-rethink-20-will-focus-on-agility-in-procurement-and-finance/ | title=Proactis' flagship event ReThink '20 will focus on agility in Procurement and Finance | publisher=Spend Matters | date=October 15, 2020}}
In July 2021, the company was acquired by Pollen Street Capital and DBAY, removing it from the London Stock Exchange.{{Cite news | url=https://www.business-sale.com/news/business-sale/software-company-to-be-acquired-at-115x-multiple-221502 | title=Software company to be acquired at 11.5x multiple | publisher=Business Sale Report | date=May 5, 2021}}{{Cite news | url=https://www.voxmarkets.co.uk/articles/proactis-holdings-accepts-74-9m-offer-from-pollen-street-capital-and-dbay--61ec682/ | title=Proactis Holdings accepts £74.9m offer from Pollen Street Capital and DBAY | publisher=Vox Markets | date=June 11, 2021}}
In April 2022, the company joined the United Nations Global Compact.{{Cite news | url=https://ungc-production.s3.us-west-2.amazonaws.com/attachments/Organization/147735/original/UN%20Letter%20%20TS.pdf?1648556015 | title=Pollen Street Capital and DBAY complete acquisition of Proactis | publisher=United Nations Global Compact | date=March 28, 2022}}{{Cite news | url=https://www.proactis.com/uk/resources/news/proactis-joins-un-global-compact-network/ | title=Proactis demonstrates commitment to sustainable development by joining the UN Global Compact Network | publisher=Proactis | date=May 2, 2022}}
Technology
In October 2016, Proactis Limited introduced Marketplace, a portal for viewing inventory availability when ordering, to reduce wasteful spending.{{Cite news | url=https://www.businesswire.com/news/home/20161007005305/en/PROACTIS-Enhances-Cloud-based-Marketplace-for-UK-Higher-Education-and-Public-Sector-Organisations | title=PROACTIS Enhances Cloud-based Marketplace for UK Higher Education and Public Sector Organisations | publisher=BusinessWire | date=October 7, 2016}}
On 22nd September 2022, Proactis Limited launched its new platform, Proactis Rego, spend management software platform designed specifically for mid-market businesses.
With Proactis Limited's acquisition of Intelligent Capture in 2014, the company added AI-powered invoice capture technology into its platform.{{Cite news | url=https://www.p2pnetwork.org/latest-news/3950-proactis-enhances-its-invoice-capture-solution-with-ai-5.html | title=Proactis enhances its Invoice Capture solution with AI | publisher=Purchase To Pay Network | date=September 2, 2024}}
Recognition
By late 2024 Proactis Limited has been recognized in the following ways:
- Identified as a market leader in the Summer 2024 ‘spend management software customer success report’ from Featured Customers
- Included in the Procurement Magazine’s top 10 SRM platforms 2024
- Included in the Procurement Magazine’s top 10 Source to Contract platforms 2024
- 20 years of partnership with Unit4
- 6 year partnership with MRI Software
- Awarded “50 to know” by Spend Matters 2023
- Awarded “50 to know” by Spend Matters 2022
- Awarded EcoVadis sustainability rating
- Recognised in Gartner's 2022 magic quadrant for Procure-to-Pay
- Named as one of ‘Generation CFO’s 20 to watch’ technology providers
References
{{Reflist}}
External links
- {{Official website|https://www.proactis.com/uk/}}