RE: A cool8 Mar 2019 13:20
Just popping in as i know this product and company very well, used to sell the software about 6/7 years ago (10 plus years in the industry) - at that time it was the new kid on the block and the best kit out there for ereq, purchase ordering, it had a lot of Sun (infor) partners that pushed it in with the finance solution......move on to present day and because of so much consildation in the market place with everyone buying up software packages to bring to "one solution", one complete provider eg Sage, Epicor, Infor, Nav, SAP Business One - they have their own ereq/PO systems now that is as good as Proactis, so Proactis often gets pushed out and already has most of the public sector deals they can get and a lot of them are re tendering and considering replacement. Long and short of my comment - not surprised that growth is stagnating and LTH selling and don't expect it to improve best hope for any holders here is buyout by one of the names i mentioned otherwise it is most definitely a falling knife.Good luck but i guess most of you are just traders here so see who beats who