The days of spending money to save money are over
Rosslyn Analytics, the pioneer and leader in software as a service (SaaS) cloud computing spend analysis, today announced the launch of a new suite of pre-built applications that accelerate decision-making for everyone within an enterprise using the worldâs first free self service spend analytics platform, Rapidintel.
Todayâs announcement brings the total number of free role-based spend analytical reports available to procurement, finance, accounts payable, audit and compliance professionals to more than 80.
âThe days of spending money to save money are over,â stated Charles Clark, CEO of Rosslyn Analytics. âRosslyn Analytics is committed to giving all employees affordable, intuitive tools to analyze spend. Rapidintel self service is proven to help business users identify and manage cost savings, manage supplier risks and enhance compliance in minutes thanks to the power of cloud computing.â
The self service version of Rapidintel, the industryâs first web-based automated spend analytics platform (W-ASAP), is easy-to-use. Using a definable Excel document, employees simply upload their companyâs data into the platform that automatically generates powerful slice & dice analytical reports in minutes.
New drill-down reporting capabilities now offered for free include:
Conduct analysis of all spend (at supplier level) using multiple dimensions
Monitor supplier activity over a given period of time such as volume of transactions
Quantify potential category savings opportunities including in the âtailâ
Prioritize and monitor suppliers (preferred vs. non-preferred)
Identify and eliminate duplicate payments
Complete analysis of AP-processed tax transactions to ensure tax has been reclaimed