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Rosslyn Analytics has developed version 2.0 of its RA.Pid Contract Management Module. The technology is designed to help companies manage supplier risk, compliance and business performance. Available to all Rosslyn Analytics, it features pre-built applications that run on rapidintel.com, a Web-based spend-analytics platform offered in a software-as-a-service (SaaS) mode. The product aggregates data from multiple sources, including accounts payable, procurement, travel and procurement cards, into a single, online view of all organizational spend. The module requires no software or hardware installations. In version 2.0, it provides a drill-down dashboard of contracts linked to third-party data pertaining to market conditions and supplier compliance. Predictive modeling tools forecast the "what-if" value of future contracts. Also included are more than 20 new ready-to-use reports and scorecards, and real-time automatic triggers and alerting based on dates and spend targets.
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