Wetherby software firm secures first contract for its new service

Software firm Proactis has signed its first contract for the provision of bePayd, its accelerated payment service, with Experbuy, a French company offering a business process outsourcing solution.
Proactis is based in Wetherby.Proactis is based in Wetherby.
Proactis is based in Wetherby.

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.

Hide Ad
Hide Ad

The 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.

Hide Ad
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."

---

Support The Yorkshire Post and become a subscriber today.

Your subscription will help us to continue to bring quality news to the people of Yorkshire. In return, you'll see fewer ads on site, get free access to our app and receive exclusive members-only offers.

So, please - if you can - pay for our work. Just £5 per month is the starting point. If you think that which we are trying to achieve is worth more, you can pay us what you think we are worth. By doing so, you will be investing in something that is becoming increasingly rare. Independent journalism that cares less about right and left and more about right and wrong. Journalism you can trust.

Thank you

James Mitchinson

Comment Guidelines

National World encourages reader discussion on our stories. User feedback, insights and back-and-forth exchanges add a rich layer of context to reporting. Please review our Community Guidelines before commenting.