PROACTIS, a global Spend Control and eProcurement solution provider, today announced the launch of their Spend Control Benchmarking Service to help companies improve financial control and procurement effectiveness. The aim is to improve the way companies buy all types of goods and services in all the inter-related activities, from strategic procurement functions to daily purchase-to-pay activities, supported by eProcurement technologies.

The benchmarking service assesses performance in the key functions for Spend Control include; Purchasing, Invoicing, Sourcing, Supplier Management, Contract Management and Catalogue Management. The free service will show companies:

• a break down each of the management issues and activities in each of the key functions
• evaluate the urgency for each issue or activity
• identify what to focus on for the biggest and fastest results.