SYS-CON MEDIA Authors: Sean Houghton, Glenn Rossman, Ignacio M. Llorente, Xenia von Wedel, Peter Silva

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 help people build clusters, in the classical sense of the cluster. We help people put a full stack on top of every single one of those machines. We do the full bare metal install," explained Greg Bruno, Vice President of Engineering and co-founder of StackIQ, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
The cloud is becoming the de-facto way for enterprises to leverage common infrastructure while innovating and one of the biggest obstacles facing public cloud computing is security. In his session at 15th Cloud Expo, Jeff Aliber, a global marketing executive at Verizon, discussed how the best place for web security is in the cloud. Benefits include: Functions as the first layer of defense Easy operation –CNAME change Implement an integrated solution Best architecture for addressing network-l...
Leysin American School is an exclusive, private boarding school located in Leysin, Switzerland. Leysin selected an OpenStack-powered, private cloud as a service to manage multiple applications and provide development environments for students across the institution. Seeking to meet rigid data sovereignty and data integrity requirements while offering flexible, on-demand cloud resources to users, Leysin identified OpenStack as the clear choice to round out the school's cloud strategy. Additional...
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
“DevOps is really about the business. The business is under pressure today, competitively in the marketplace to respond to the expectations of the customer. The business is driving IT and the problem is that IT isn't responding fast enough," explained Mark Levy, Senior Product Marketing Manager at Serena Software, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Mobile commerce traffic is surpassing desktop, yet less than 20% of sales in the U.S. are mobile commerce sales. In his session at 15th Cloud Expo, Dan Franklin, Segment Manager, Commerce, at Verizon Digital Media Services, defined mobile devices and discussed how next generation means simplification. It means taking your digital content and turning it into instantly gratifying experiences.
“In the past year we've seen a lot of stabilization of WebRTC. You can now use it in production with a far greater degree of certainty. A lot of the real developments in the past year have been in things like the data channel, which will enable a whole new type of application," explained Peter Dunkley, Technical Director at Acision, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Windstream, a leading provider of advanced network and cloud communications, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Windstream (Nasdaq: WIN), a FORTUNE 500 and S&P 500 company, is a leading provider of advanced network communications, including cloud computing and managed services, to businesses nationwide. The company also offers broadband, p...
Verizon Enterprise Solutions is simplifying the cloud-purchasing experience for its clients, with the launch of Verizon Cloud Marketplace, a key foundational component of the company's robust ecosystem of enterprise-class technologies. The online storefront will initially feature pre-built cloud-based services from AppDynamics, Hitachi Data Systems, Juniper Networks, PfSense and Tervela. Available globally to enterprises using Verizon Cloud, Verizon Cloud Marketplace provides a one-stop shop fo...
The major cloud platforms defy a simple, side-by-side analysis. Each of the major IaaS public-cloud platforms offers their own unique strengths and functionality. Options for on-site private cloud are diverse as well, and must be designed and deployed while taking existing legacy architecture and infrastructure into account. Then the reality is that most enterprises are embarking on a hybrid cloud strategy and programs. In this Power Panel at 15th Cloud Expo (http://www.CloudComputingExpo.com...
The Internet of Things is not new. Historically, smart businesses have used its basic concept of leveraging data to drive better decision making and have capitalized on those insights to realize additional revenue opportunities. So, what has changed to make the Internet of Things one of the hottest topics in tech? In his session at @ThingsExpo, Chris Gray, Director, Embedded and Internet of Things, discussed the underlying factors that are driving the economics of intelligent systems. Discover ...
"BSQUARE is in the business of selling software solutions for smart connected devices. It's obvious that IoT has moved from being a technology to being a fundamental part of business, and in the last 18 months people have said let's figure out how to do it and let's put some focus on it, " explained Dave Wagstaff, VP & Chief Architect, at BSQUARE Corporation, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
The move in recent years to cloud computing services and architectures has added significant pace to the application development and deployment environment. When enterprise IT can spin up large computing instances in just minutes, developers can also design and deploy in small time frames that were unimaginable a few years ago. The consequent move toward lean, agile, and fast development leads to the need for the development and operations sides to work very closely together. Thus, DevOps become...

ARMONK, N.Y., Nov. 20, 2014 /PRNewswire/ --  IBM (NYSE: IBM) today announced that it is bringing a greater level of control, security and flexibility to cloud-based application development and delivery with a single-tenant version of Bluemix, IBM's

"Our premise is Docker is not enough. That's not a bad thing - we actually love Docker. At ActiveState all our products are based on open source technology and Docker is an up-and-coming piece of open source technology," explained Bart Copeland, President & CEO of ActiveState Software, in this SYS-CON.tv interview at DevOps Summit at Cloud Expo®, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.