Equity Insurance Group improves financial control with Touchstone Group’s PROACTIS solution from Touchstone Group IThound

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Equity Insurance Group improves financial control with Touchstone Group’s PROACTIS solution
by Touchstone Group
Published:January 2007
Format: Portable Document Format (.pdf)( 196 KB )
Length: 2 pages
Overview

Due to significant growth through acquisition
since 2003 the Group had outgrown its historic purchasing and expenses processes. A new solution was needed that would streamline its procurement system, reduce its core number of suppliers and replace its manual staff expenses process. Furthermore, the Group observed that
significant cost savings and control improvements could be achieved by using
technology to help ensure approval before
purchase, approval limit maintenance, the
use of preferred suppliers and, fundamentally,
the standardisation of purchasing.

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