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  5. IN BRIEF: Proactis Signs Seven-Year Contract With Medical Organisation

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IN BRIEF: Proactis Signs Seven-Year Contract With Medical Organisation

Mon, 19th Oct 2020 19:26

Proactis Holdings PLC - cash management software - Signs seven-year contract with Union Sanitaie et Sociale Aude Pyrenees, a French not-for-profit organisation in the medical and health sector.

Under the deal, Proactis will provide its business spend management product, and will be deployed with 100 users with an expectation to increase the number during 2021.

"This contract win is a crucial proof point in Proactis' strategy to sell its single business spend management solution internationally. We are delighted to have been selected by USSAP in France following our success at DWIYDAG in Germany," said Chief Executive Officer Tim Sykes.

Current stock price: 33.45 pence

Year-to-date change: down 30%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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