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2024 - A Successful Year!

2024 was a celebratory year for Panacea. It’s 20 years since Rachel started the business and the company has grown to become a trusted and valued Software as a Service provider. Today, we are fortunate to retain many loyal clients who continue to use Panacea Software to achieve optimum results and valuable cost savings. 


In 2024, our development work has continued, with the launch of some exciting new software to expand our Purchase to Pay (P2P) capabilities for direct P2P functions, with a slick interface and intuitive tools. We have also implemented a new e-signature function and our e-auction feature is becoming particularly useful for some of our subscribers to ease competition when selecting suppliers.  


New Subscribers  

In 2024, we have been delighted to welcome new subscribers including the Office for Environmental Protection and the Consortium Academy Trust and are currently onboarding the Hexagon Housing Association and United Learning. We are looking forward to welcoming many more new clients in 2025. 


Before a client commits to Panacea, we demonstrate how the software will work to fit the needs of a business. Once on board, we support new clients through data transfer, aiming for as smooth a transition as possible. The system holds a vast amount of information with details such as contacts, tasks, contracts, schedules, messages, legacy data and more, available for reference and to build on in the future.  


Training is thorough and continuous support is on hand as well as lots of access to guides, FAQs, and a helpdesk for all users. 


The Panacea Team  

The office is as lively as ever and regular company drinks during the summer months were a highlight on Wednesday evenings. We enjoyed our Christmas gathering with delicious tapas food, a quiz and good cheer; it was lovely to have everyone together to celebrate the end of our anniversary year! 


Procurement Act  

With the new processes required for the Procurement Act 2023 set to go live in February 2025, we are working closely with the Cabinet Office digital team to evolve Panacea Software so our clients can consistently enjoy efficient and user-friendly solutions which adhere to the latest UK Government procurement regulations.


Message From Rachel Wynn, MD  

“Panacea might be a relatively small business, but we offer an outstanding level of service to our clients. I’m extremely proud of our superb team, we’re incredibly lucky to attract and retain such high calibre staff. We have exceptionally skilled developers and testers who are technically fantastic and know our software inside and out. It’s not just me who thinks they’re brilliant; our account management team are openly praised by our subscribers and our support team are multi-award winning.  


The future for Panacea is very bright. There's increased recognition and understanding of our value in the market and we’re getting lots of incoming requests for the software. We're one of the few SaaS providers that really does provide up to date, intuitive and innovative solutions. We're excited about the future for Panacea.” 


We’re looking forward to 2025, welcoming and onboarding new clients and continuing to help our existing customers to flourish. And we’d like to wish all our subscribers and their families a very happy Christmas and a wonderful New Year.

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