Proactis, the spend management experts, is proud to announce that biotechnology company, Biotalys, has chosen Proactis spend management solutions to automate its procurement process and easily keep control of ongoing contracts.
Founded in 2013, Biotalys started as a branch of the VIB (Flemish Institute for Biotechnology) and is dedicated to shaping the future of safe and sustainable food supplies with its innovative solutions in biocontrol. With state-of-the-art, protein-based solutions, it effectively protects crops from pests and diseases.
Proactis provides the organisation with a solution for the automation of the procurement process and contract management. This enables operational purchasers within Biotalys to get the maximum value from the negotiated procurement contracts, while providing the Finance & Control department with direct access to real-time insight into commitments. The ability to seamlessly integrate between these processes was vital when selecting a solution.
Biotalys is a fast-growing and promising start-up, so wants to be able to present accurate, up-to-date figures, especially to investors. It is therefore very important to get clear insight into, and control over, the entire procurement process when expanding activities. Proactis' best-of-breed software solution will enable this, as it will stimulate the evaluation of automation opportunities and which flows are open for implementation. The ultimate goal is continuous process improvements.
Contract management that integrates seamlessly with procurement was the deciding factor when choosing Proactis, and the ability to record agreements easily and independently and have full control over expenditure will certainly contribute towards this.