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
The last two years has seen discussions about cloud computing evolve from the public / private / hybrid split to the reality that most enterprises will be creating a complex, multi-cloud strategy. Companies are wary of committing all of their resources to a single cloud, and instead are choosing to spread the risk – and the benefits – of cloud computing across multiple providers and internal infrastructures, as they follow their business needs. Will this approach be successful? How large is the ...
Your clients expect transactions to never fail, cloud access to be fast and always on, and their data to be protected - no exceptions. Hear about how Secure Service Container (SSC), an IBM-exclusive open technology, enables secure building and hosting of next-generation applications, both cloud and on-premises. SSC protects the full stack from external and insider threats, allows automatic encryption of data in-flight and at-rest, and is tamper-resistant during installation and runtime – with no...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
SYS-CON Events announced today that B2Cloud will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. B2Cloud specializes in IoT devices for preventive and predictive maintenance in any kind of equipment retrieving data like Energy consumption, working time, temperature, humidity, pressure, etc.
SYS-CON Events announced today that Massive Networks, that helps your business operate seamlessly with fast, reliable, and secure internet and network solutions, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. As a premier telecommunications provider, Massive Networks is headquartered out of Louisville, Colorado. With years of experience under their belt, their team of...
SYS-CON Events announced today that NetApp has been named “Bronze Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. NetApp is the data authority for hybrid cloud. NetApp provides a full range of hybrid cloud data services that simplify management of applications and data across cloud and on-premises environments to accelerate digital transformation. Together with their partners, NetApp em...
SYS-CON Events announced today that Interface Corporation will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Interface Corporation is a company developing, manufacturing and marketing high quality and wide variety of industrial computers and interface modules such as PCIs and PCI express. For more information, visit http://www.i...
SYS-CON Events announced today that Mobile Create USA will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Mobile Create USA Inc. is an MVNO-based business model that uses portable communication devices and cellular-based infrastructure in the development, sales, operation and mobile communications systems incorporating GPS capabi...
SYS-CON Events announced today that Nihon Micron will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Nihon Micron Co., Ltd. strives for technological innovation to establish high-density, high-precision processing technology for providing printed circuit board and metal mount RFID tags used for communication devices. For more inf...
SYS-CON Events announced today that N3N will exhibit at SYS-CON's @ThingsExpo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. N3N’s solutions increase the effectiveness of operations and control centers, increase the value of IoT investments, and facilitate real-time operational decision making. N3N enables operations teams with a four dimensional digital “big board” that consolidates real-time live video feeds alongside IoT sensor data a...
While some developers care passionately about how data centers and clouds are architected, for most, it is only the end result that matters. To the majority of companies, technology exists to solve a business problem, and only delivers value when it is solving that problem. 2017 brings the mainstream adoption of containers for production workloads. In his session at 21st Cloud Expo, Ben McCormack, VP of Operations at Evernote, will discuss how data centers of the future will be managed, how th...
SYS-CON Events announced today that SIGMA Corporation will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. uLaser flow inspection device from the Japanese top share to Global Standard! Then, make the best use of data to flip to next page. For more information, visit http://www.sigma-k.co.jp/en/.
Enterprises are moving to the cloud faster than most of us in security expected. CIOs are going from 0 to 100 in cloud adoption and leaving security teams in the dust. Once cloud is part of an enterprise stack, it’s unclear who has responsibility for the protection of applications, services, and data. When cloud breaches occur, whether active compromise or a publicly accessible database, the blame must fall on both service providers and users. In his session at 21st Cloud Expo, Ben Johnson, C...
SYS-CON Events announced today that Suzuki Inc. will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Suzuki Inc. is a semiconductor-related business, including sales of consuming parts, parts repair, and maintenance for semiconductor manufacturing machines, etc. It is also a health care business providing experimental research for...
SYS-CON Events announced today that Ryobi Systems will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Ryobi Systems Co., Ltd., as an information service company, specialized in business support for local governments and medical industry. We are challenging to achive the precision farming with AI. For more information, visit http:...