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Nottingham Building Society streamlines its procurement process with LAKE Proactis solution for Purchase-to-Pay

The Nottingham has chosen LAKE to help streamline Purchase-to-Pay with a solution based on Proactis and CloudTrade. Proactis was chosen for having the right combination of features and ease-of-use. LAKE were chosen for their depth of experience and proven ability to integrate with Infor SunSystems.

Eddie Inskip, Senior Financial Systems and Control Manager, explains the Society’s reasons for choosing the LAKE Proactis solution:

"We are always looking for ways to work smarter and about a year ago, we insourced our facilities management function, resulting in higher invoice volumes for our Accounts Payable team. As a mutual, we are owned by our members, so we need to ensure we are focussed on controlling costs and visibility of spend.

"Our requirements included something that was easy to use, gave us good visibility of costs, and a solution that had proven integration with our SunSystems general ledger and facilities management systems.

"We looked at a number of solutions, both Cloud and on-premise, and Proactis had all the features we wanted as well as ticking the box in terms of integration. It has been well received by our users so far, which is important when introducing a new system across the organisation.

"It was never about the solution alone, but the right combination of solution, integration, and people delivering it. That was critical to us and successfully delivering the project on time and within budget, validates our decision to go with Proactis and LAKE."


Nottingham Building Society logo

About The Nottingham

Founded in 1849 by philanthropist and abolition quaker, Samuel Fox, The Nottingham is a mutual organisation owned by its members with a long and proud history of doing the right thing and helping communities prosper. Today it operates via a network of building society branches; its direct to broker mortgage business, The Nottingham for Intermediaries; and Beehive Money, its app-led brand that provides savings accounts (including its Lifetime ISA) and mortgage advice, digitally through its online community.

www.thenottingham.com

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ERP
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MRP
Performance Management
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Supplier Management


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