(Sharecast News) - Spend management solutions group Proactis has inked a seven-year contract with medical and health sector non-profit association Union Sanitaire et Sociale Aude Pyrénées.
Proactis said on Monday that the contract win represented "a strategically important milestone", being the first new customer in France to sign up under its new go-to-market strategy.

The AIM-listed firm added that the deal, which will see it provide its business spend management solution, will cover the contract to order process and will initially be deployed with 100 users - with an expectation to increase the number "substantially" during 2021.

Chief executive Tim Sykes said: "This contract win is a crucial proof point in Proactis' strategy to sell its single business spend management solution internationally."

As of 0910 BST, Proactis shares were up 5.22% at 33.67p.