Proactis Recognised in 2022 Gartner® Magic Quadrant™ for Procure-to-Pay Suites

Recognized for Completeness of Vision and Ability to Execute

LONDON,Dec. 1,2022 -- Proactis,a leading Source-to-Pay software solution provider,today announced that it has been positioned by Gartner®as a Niche Player in the Magic Quadrantfor Procure-to-Pay Suites for its vision and execution.* The evaluation was based on specific criteria thatanalysedthe company's overallcompletenessof vision and ability to execute.

Proactisprovides innovative Source-to-Pay software solutions for mid-market organisations across a range of service-led industries,with a rapidly growing client base of over 1,100corporate and public sector organisations and 2 million suppliers,with over 3 million users in 100+ countries across the UK,Europe,North America,New Zealand and Australia.

"We're immensely proud to be continuallyrecognisedin such a prestigious report. The mid-market faces very specific challenges and,because we're 'mid-market by design' we'reconfident that our dedicated focus on meeting them will continue to add significant value to our customers,as it has done for decades. Our ongoing investment in our people,productand customers will ensure we remain a leading provider of Source-to-Pay software solutions,helping mid-marketorganisationsacross the globe control spend and manage supply-chain risk - now more than ever." - Geert Timmermans,Chief Product Officer

Magic Quadrant reports are a culmination of rigorous,fact-based research in specific markets,providing a wide-angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders,Challengers,Visionaries and Niche Players. The research enables you to get the most from market analysis in alignment with your unique business and technology needs.

View the Magic Quadrant report to learn moreaboutProactis' strengthsand cautions,among other providers' offerings here.

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