Rosslyn Analytics has launched a new hosted, or "cloud-based" tool for real-time, self-service spend analytics. RA.Pid Self Service allows procurement, finance and other departments to identify cost savings, manage supplier risks and enhance compliance, the vendor said. The new product enables self-load spend data and self-enrich data with supplier information, by way of the RA.Pid Data Load Wizard. Other features include categorization to the United Nations Standard Products and Services Code (UNSPCS) by supplier name, supported by RA.DAR; real-time level of categorization indicators; inline and catch supplier categorization; instant keyword category search capability; building and customization of canned reports and dashboard; integrated contract-management and predictive-modeling tools; the ability to run ad hoc queries, including export data to Excel, CSV and PDF, and customizable prompts, sorts and filters. The RA.Pid platform features more than 50 pre-built applications.

Read Full Article