Click here to close now.




















Welcome!

News Feed Item

Rosslyn Analytics Sets New Standard for Easy Self-Service Spend Analytics in the Cloud

In a technological breakthrough, Rosslyn Analytics today announced the release of a new cloud-based self-service spend analytics app that gives finance and procurement professionals the control to identify bottom-line savings and monitor supply chain risks without relying on overstretched IT resources.

Today’s news comes on the back of recent research conducted by Rosslyn Analytics, the leader in self-service analytics in the cloud, that reveals that 57% of chief procurement officers need five employees to conduct basic spend analysis – a massive drain on resources. A new approach is long overdue that gives business users the tools to be able to focus on analyzing information faster and more efficiently than ever before.

Procurement continues to struggle with spend analytics – either the data is of poor quality or the tool to analyze the data is difficult to use for non-technical users – and many times it is both of these issues that are preventing organizations from taking savings to the next level.

“Our clients have told us they want better, easier-to-use tools to help them navigate the complexities of managing suppliers and associated risks – and we’ve listened and responded with a new self-service spend analytics app,” said Charles Clark, CEO, Rosslyn Analytics. “Rosslyn Analytics continues to strive to free decision-makers from an overreliance on over-stretched internal IT resources and magic ‘black boxes’ sold by vendors.”

To help organizations improve the ease and speed of conducting real-time spend analysis, Rosslyn Analytics has developed RAPid Self-Service Spend Analytics – a new app that runs on the award-winning, cloud-based data platform, RAPid. Other apps include contract management and supplier performance management.

How it works

“I can’t think of any other tool that provides so much control and manipulation of the data. My team of Category and Procurement Managers need ‘analysis’ in order to develop their procurement strategies. They can now analyze the data in many ways i.e., spend, contracts and suppler performance in a single data platform called RAPid,” said Tony Ritchings, Group Director of Procurement, PHS Group plc, a leading provider of workplace services. In a couple of clicks, they can also correct supplier addresses and conduct advanced line-item categorization.”

RAPid Self-Service Spend Analytics gives customers unlimited access to simple, consumer-friendly self-service tools. These tools are linked together to provide a seamless experience for users to integrate, cleanse and enrich data for analysis and visualization in the RAPid platform in minutes.

Users simply need to follow three easy steps to obtain line-item spend visibility in five minutes:

1) Load spend data into the RAPid platform using a CSV file;

2) Select how you want to visualize your data;

3) View and drill into your interactive reports from a single dashboard.

The technology tools that have been seamlessly integrated into one spend analytics solution include:

  • RAPid Self-Service Data Loader enables you to refresh spend visibility 24/7
  • RAPid Self-Service Address Cleansing App allows you to quickly correct supplier data
  • RAPid Company Enrichment App enables you to manually enrich supplier data such as credit risk scores
  • RAPid Self-Service Data Classification Engine enables you to conduct line-item categorization on-the-fly
  • RAPid Contract Management allows you to connect your spend data to pre-built modules
  • RAPid Report Builder empowers you to create personalized analytical apps in minutes
  • RAPid Search allows you to find and drill-down from dashboards into line item information in just one click

Pricing

RAPid Self-Service Spend Analytics is free for the first user and just $99/£59 for each subsequent user per month. To access the trial, visit https://rapid.rosslynanalytics.com/NewAccount/Register.

About Rosslyn Analytics

Rosslyn Analytics (AIM: RDT) exists to challenge the traditional methods of managing and exploiting data. We have designed some smart and intuitive technologies that allow you instantly connect and organize your company’s data like never before. You are now able to create your own business insights using our data platform that features simple, consumer friendly self-service tools to integrate, cleanse and enrich information. For more information including a demo, visit www.rosslynanalytics.com or @RosslynBI.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"We've just seen a huge influx of new partners coming into our ecosystem, and partners building unique offerings on top of our API set," explained Seth Bostock, Chief Executive Officer at IndependenceIT, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Mobile, social, Big Data, and cloud have fundamentally changed the way we live. “Anytime, anywhere” access to data and information is no longer a luxury; it’s a requirement, in both our personal and professional lives. For IT organizations, this means pressure has never been greater to deliver meaningful services to the business and customers.
Digital Transformation is the ultimate goal of cloud computing and related initiatives. The phrase is certainly not a precise one, and as subject to hand-waving and distortion as any high-falutin' terminology in the world of information technology. Yet it is an excellent choice of words to describe what enterprise IT—and by extension, organizations in general—should be working to achieve. Digital Transformation means: handling all the data types being found and created in the organizat...
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
Chuck Piluso presented a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. Prior to Secure Infrastructure and Services, Mr. Piluso founded North American Telecommunication Corporation, a facilities-based Competitive Local Exchange Carrier licensed by the Public Service Commission in 10 states, serving as the company's chairman and president from 1997 to 2000. Between 1990 and 1997, Mr. Piluso served as chairman & founder of International Te...
The Software Defined Data Center (SDDC), which enables organizations to seamlessly run in a hybrid cloud model (public + private cloud), is here to stay. IDC estimates that the software-defined networking market will be valued at $3.7 billion by 2016. Security is a key component and benefit of the SDDC, and offers an opportunity to build security 'from the ground up' and weave it into the environment from day one. In his session at 16th Cloud Expo, Reuven Harrison, CTO and Co-Founder of Tufin,...
Container technology is sending shock waves through the world of cloud computing. Heralded as the 'next big thing,' containers provide software owners a consistent way to package their software and dependencies while infrastructure operators benefit from a standard way to deploy and run them. Containers present new challenges for tracking usage due to their dynamic nature. They can also be deployed to bare metal, virtual machines and various cloud platforms. How do software owners track the usag...
SYS-CON Events announced today that MobiDev, a software development company, will exhibit at the 17th International Cloud Expo®, which will take place November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software development company with representative offices in Atlanta (US), Sheffield (UK) and Würzburg (Germany); and development centers in Ukraine. Since 2009 it has grown from a small group of passionate engineers and business managers to a full-scale mobi...
With SaaS use rampant across organizations, how can IT departments track company data and maintain security? More and more departments are commissioning their own solutions and bypassing IT. A cloud environment is amorphous and powerful, allowing you to set up solutions for all of your user needs: document sharing and collaboration, mobile access, e-mail, even industry-specific applications. In his session at 16th Cloud Expo, Shawn Mills, President and a founder of Green House Data, discussed h...
For IoT to grow as quickly as analyst firms’ project, a lot is going to fall on developers to quickly bring applications to market. But the lack of a standard development platform threatens to slow growth and make application development more time consuming and costly, much like we’ve seen in the mobile space. In his session at @ThingsExpo, Mike Weiner, Product Manager of the Omega DevCloud with KORE Telematics Inc., discussed the evolving requirements for developers as IoT matures and conducte...
There are many considerations when moving applications from on-premise to cloud. It is critical to understand the benefits and also challenges of this migration. A successful migration will result in lower Total Cost of Ownership, yet offer the same or higher level of robustness. In his session at 15th Cloud Expo, Michael Meiner, an Engineering Director at Oracle, Corporation, analyzed a range of cloud offerings (IaaS, PaaS, SaaS) and discussed the benefits/challenges of migrating to each offe...
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
In their session at 17th Cloud Expo, Hal Schwartz, CEO of Secure Infrastructure & Services (SIAS), and Chuck Paolillo, CTO of Secure Infrastructure & Services (SIAS), provide a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. In his role as CEO of Secure Infrastructure & Services (SIAS), Hal Schwartz provides leadership and direction for the company.
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
The Internet of Everything (IoE) brings together people, process, data and things to make networked connections more relevant and valuable than ever before – transforming information into knowledge and knowledge into wisdom. IoE creates new capabilities, richer experiences, and unprecedented opportunities to improve business and government operations, decision making and mission support capabilities.