Market Overview

Proactis Appoints Anthony Persse as EVP Financial Solutions

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Anthony to focus on Accelerated Payments and Supply Chain Financing
solutions

Proactis,
the global spend
management
and B2B
eCommerce
company, today announced that Anthony Persse has been
appointed as EVP Financial Solutions.

Anthony will be leading the delivery of Proactis' financial solutions
with initial focus on its Accelerated
Payment Facility
. This will add further to Proactis' existing value
proposition by creating a much-needed funding solution for suppliers –
providing them with a fast and easy way to realise cash when they need
it and also providing multiple benefits for buyers, including a
potential new revenue opportunity.

Anthony joins Proactis from Ultimate Finance where he was responsible
for the delivery of Business Strategy including new product development
and creation of innovative channels to market where he led the delivery
of a series of market leading funding products. This included the
development of the UK's fastest SME loan product and a completely
unsecured funding solution to support businesses with their purchasing
requirements.

Anthony said: "I'm extremely excited to join Proactis as EVP Financial
Solutions during this exciting stage in its evolution. It is clear that
Proactis already has three key ingredients that form the foundation of
success, namely, great customers, great products and great people. The Proactis
Accelerated Payment Facility
is a logical next step in delivering
additional tangible benefits to both buyers and suppliers."

Hamp Wall, Proactis CEO, concluded: "We are delighted to welcome Anthony
to the team. He has a demonstrated history of working with financial
solutions and developing financial risk strategies, many of which were
centred on driving liquidity through working capital solutions. His
strong business development skills will align perfectly to delivering
the early roll-out and ramp up of our Accelerated Payment Facility".

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About Proactis
Proactis helps organisations around the world
to operate faster, leaner, smarter by rethinking the way they do
commerce to thrive in the digital economy. We enable both buyers and
sellers to eliminate wasted time, money and talent by transforming the
way they buy and sell goods and services, while eliminating risk.

proactis.com

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