November 2022 — Proactis, a leading Source-to-Pay software solution provider, today announced that it has been positioned by Gartner® as a Niche Player in the Magic Quadrant for Procure-to-Pay Suites for its vision and execution.* The evaluation was based on specific criteria that analysed the company’s overall completeness of vision and ability to execute.
Proactis provides innovative Source-to-Pay software solutions for mid-market organisations across a range of service-led industries, with a rapidly growing client base of over 1,100 corporate and public sector organisations and 2 million suppliers, with over 3 million users in 100+ countries across the UK, Europe, North America, New Zealand and Australia.
"We're immensely proud to be continually recognised in such a prestigious report. The mid-market faces very specific challenges and, because we’re ‘mid-market by design’ we’re confident that our dedicated focus on meeting them will continue to add significant value to our customers, as it has done for decades. Our ongoing investment in our people, product and customers will ensure we remain a leading provider of Source-to-Pay software solutions, helping mid-market organisations across the globe control spend and manage supply-chain risk - now more than ever." - Geert Timmermans, Chief Product Officer.
Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries and Niche Players. The research enables you to get the most from market analysis in alignment with your unique business and technology needs.
View the Magic Quadrant report to learn more about Proactis’strengths and cautions, among other providers’ offerings.
*Source: Gartner®, “Magic Quadrant for Procure-to-Pay Suites,” [Kaitlynn Sommers,William McNeill,Micky Keck,Patrick Connaughton, October 2022
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