PHD.L

Proactis Holdings Plc
PROACTIS Holdings - bePayd Strategic Contract Win
21st June 2021, 06:00
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RNS Number : 4638C
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

Richard Hughes, Chief Financial Officer

 

01937 545070 investorcontact@proactis.com

finnCap Ltd

Carl Holmes/Emily Watts - Corporate Finance

Andrew Burdis/Richard Chambers - ECM

 

0207 220 0500

 

 

Alma PR

Hilary Buchanan/Sam Modlin/David Ison

 

020 3405 0205

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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