Blog updated on 1st June 2023 by Tye Howitt
Proactis Rego is a cloud-based procurement solution that helps organisations automate their entire procurement process, from sourcing request to payment. With class-leading features, including supplier management, sourcing, contract management, purchase order management, and invoice matching, Proactis Rego helps businesses reduce manual processes, increase efficiency, and control spend.
Key benefits of Proactis Rego include:
Increased efficiency
By automating manual tasks like purchase order creation and invoice matching, Proactis Rego simplifies procurement processes. This leads to a reduction in the time and effort needed to manage these processes, allowing staff to allocate their resources to other valuable activities.
Cost savings
Proactis Rego enables organisations to manage spend more effectively, and hence reduce the cost of the goods and services it buys. The platform helps businesses negotiate better prices with suppliers and control maverick spend, resulting in significant cost savings.
Improved supplier relationships
By utilising Proactis Rego, businesses are able to enhance their supplier management processes, which in turn fosters improved communication and collaboration. Effective and transparent monitoring of supplier performance also ensures greater adherence to agreed service levels.
Better compliance
Proactis Rego helps businesses ensure compliance with procurement policies and regulations. The platform provides real-time visibility into procurement activities, enabling businesses to monitor and enforce compliance.
Better business intelligence
Proactis Rego provides businesses with real-time data and analytics on procurement activities, enabling them to identify areas for improvement and make data-driven decisions. With the help of the platform, businesses are able to identify cost-saving opportunities, streamline processes, and improve overall procurement performance.
LAKE is the UK's number 1 Proactis reseller partner and has been implementing Proactis solutions for almost two decades.
We believe that our customers should have access to world class cloud solutions that are intuitive, scalable and secure. We empower customers through the use of cloud technologies to automate processes, connect ecosystems, analyse performance, and improve future outcomes.
To find out how LAKE Proactis solutions can help you control spend and manage supply chain risk, please get in touch via the LAKE website or call me now on 0113 273 7788.
by Tye Howitt
Blog Contributor.
