Wetherby software firm secures first contract for its new service
The Wetherby-based firm, which pulled the plug on a potential sale of the business earlier this year, provides business spend management solutions.
Experbuy is a subsidiary of EPSA, a group with international operations helping organisations increase performance and profitability.
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Hide AdThe contract enables Experbuy to deploy bePayd for use by its own suppliers which aggregate to approximately €180m of annual spend across 65,000 suppliers.
bePayd allows suppliers to accelerate the payment of an approved invoice in return for a small discount and is primarily aimed at the long tail of small suppliers in the supply chain.
Tim Sykes, CEO of Proactis, said: "I am delighted to have signed our first bePayd contract with Experbuy, part of the EPSA Group.
"We look forward to working with Experbuy to drive take-up of this great service to suppliers over the coming months and beyond.
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Hide Ad"As we look forwards, the solution has never seemed more relevant, and with a healthy pipeline of opportunities, we are optimistic about its prospects in 2021."
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