PROACTIS Holdings PLC bePayd Strategic Contract Win
June 21 2021 - 2:00AM
RNS Non-Regulatory
TIDMPHD
PROACTIS Holdings PLC
21 June 2021
Proactis Holdings PLC
bePayd Strategic Contract Win
Proactis Holdings PLC, ("Proactis", the "Group" or the
"Company"), the business spend management solution provider, is
pleased to announce that it has signed a commercial partnership
agreement with EPSA, the international sustainable performance
expert.
EPSA operates across 30 countries and is the parent company of
Experbuy, the first bePayd customer. Under the agreement EPSA will
market the Proactis early payment service, bePayd, further into the
French market. This will extend the market reach of bePayd.
Matthieu Gufflet, Founder of EPSA, commented:
"EPSA strengthens its cash optimisation offer through this
partnership. bePayd offers the opportunity to increase operating
profitability to buyers and improve supplier working capital
solutions. The supply chain is effectively reinforced."
Tim Sykes, Chief Executive Officer at Proactis, commented:
"We are delighted to have agreed this strategic relationship
with our partner, EPSA. It's a further validation of Proactis'
value proposition and EPSA's expertise and reach into the
enterprise class French market will help accelerate the deployment
and shape of bePayd quickly. "
For further information, please contact:
Proactis Holdings PLC
Tim Sykes, Chief Executive Officer 01937 545070 investorcontact@proactis.com
Richard Hughes, Chief Financial Officer
finnCap Ltd
Carl Holmes/Emily Watts - Corporate Finance
Andrew Burdis/Richard Chambers - ECM 0207 220 0500
Alma PR 020 3405 0205
Hilary Buchanan/Sam Modlin/David Ison Proactis@almapr.co.uk
Notes to Editors:
Proactis creates, sells and maintains software and services
which enable organisations to streamline, control and monitor all
indirect expenditure. Its solutions are used in approximately 1,100
buying organisations around the world from the commercial, public
and not-for-profit sectors.
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END
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