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PanAvest, ProcServe partner

Staff Writer
By Staff Writer, ITWeb
Johannesburg, 08 Oct 2009

Supply chain management company PanAvest International has signed an exclusive agreement to market PA Consulting Group subsidiary, ProcServe's suite of trading management and e-marketplace solutions in Africa.

PanAvest International CEO, Dr Douglas Boateng, says not only are e-marketplaces here to stay, but they are expected to become the de facto method of doing business in the future.

“PanAvest opted to with ProcServe after a careful investigation of many e-supply chain management solution sets over a 12-month period. We believe we have selected the best available to deliver highly efficient electronic trading solutions for companies doing business in Africa.”

He adds: “ProcServe impressed on a number of essential features, including flexibility, security accreditation, stability and the ease with which its e-solutions integrate with legacy and modern ERP systems.”

Boateng believes Africa has not yet fully harnessed the potential of these systems. “The teething troubles and missteps made in the early days of e-marketplaces have effectively been sidestepped.

“PanAvest, along with technology like ProcServe, is ready to work together with these countries and companies to co-develop Afro-centric solutions rather than simply selling technological platforms.”

ProcServe's CEO, Veera Johnson, notes: "The relationship with PanAvest reinforces our strategy to extend our technological solution sets to the public sector and other targeted verticals in the emerging world.

“We look forward to supporting our customers in the region as they move to take advantage of highly efficient electronic trade and management."

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