“This all sounds terrific and exactly where I see our procurement function going, but we’ve got an ERP system, once we switch the module on we should be able to do this.” My role as Business Development Executive at TouchstonePROACTIS gives me a first-hand insight into what procurement professionals want from procurement systems, with the […]
Touchstone Spend Management is pleased to announce it has been chosen by procurement solution provider PROACTIS as its Partner of the Year for the third year in a row. The award recognises Touchstone for both bringing the PROACTIS solution to new customers as well as customer retention demonstrating overall service excellence. “Receiving the award again […]
The best approach to spend control for your business In early discussions with procurement professionals about the structure of their organisations, I find they are often operating under a decentralised model of spend control. Typically, each business, division or geographic unit is responsible for its own purchasing, and appears to work simply on the basis […]
Let me begin by saying I don’t, never have, and probably never will work in procurement. I’m a Business Development Executive and much of that time is spent on the phone. I talk to people on a daily basis about our eProcurement software, PROACTIS. For the past year and a bit my one and only […]
How does automating your invoice processing help your business? There’s a very good chance you will have done invoice automation, thought about doing invoice automation, or tried and given up. It’s an obvious saving in so many ways. There are some things it will do, and some things it won’t. What it won’t do It […]
We are very pleased to confirm that Emma Childs has joined Touchstone Spend Management as a Senior Consultant. Peter Layzell (Head of Touchstone Spend Management) said “I’m delighted that Emma Childs has joined the Touchstone Spend Management team as a Senior Consultant. Welcome Emma, you are a fantastic addition to an already outstanding team! Emma […]
The Knowledge of London As taxis can be hailed in the street and asked to go anywhere, taxi drivers must have a thorough knowledge of London. This is why taxi drivers have to learn and pass the world-famous Knowledge ….cab drivers know the quickest routes through London’s complicated road network. There are thousands of streets […]
A subject matter expert (SME) is a highly knowledgeable individual who performs specialized functions in given organizational processes…. Modern management practices rely heavily on the services of SMEs in research and development processes as well as in routine organizational operations to achieve greater productivity and efficiency.[1] Who should be on the project team? At the […]
It is often said that the starting point for every procurement function is knowing who your suppliers are and what they do. Unfortunately, procurement and finance teams are often left without the ability to access this basic supplier information due to a lack of specialist procurement tools. You will often find team members performing tasks […]
Touchstone has been chosen to implement PROACTIS Contract Management for a UK estate agent and property services company. The deployment via PROACTIS hosted services will allow the organisation to better manage their contracts in place including visibility of key renewal dates, with compliance and risk management the main drivers behind this project. “Organisations are aware […]
Touchstone Spend Management are pleased to announce that Hampshire Trust Bank have gone live with PROACTIS Purchase-to-Pay. Hampshire Trust Bank (HTB) is focused on UK customers; with centres of excellence in Asset Finance, Property Finance and Commercial Mortgages. They also provide competitive savings accounts to individuals and businesses. The introduction of PROACTIS P2P & Expenses […]
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