““Clifford Chance has gained a significant competitive advantage by turning to Rosslyn
Analytics.” - Rob Morris, Global Head of Procurement, Clifford Chance” -
Clifford Chance
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By leveraging web 2.0 technologies, Clifford Chance LLP has modernized its global
procurement capabilities with an advanced spend analysis platform that gives management
more complete, better and faster access to enterprise-wide spend data.
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Clifford Chance is one of the world's leading law firms, helping clients achieve
their goals by combining the highest global standards with local expertise. The
firm has presence in the Americas, Asia and Europe, and focuses on the core areas
of commercial activity: capital markets; corporate and M&A; finance and banking;
real estate; tax; pensions and employment; litigation and dispute resolution. Clifford
Chance has 29 offices in 20 countries.
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Clifford Chance had a fragmented and incomplete view of its spend data, which resided
in Oracle and various third-party systems around the world. Rosslyn Analytics was
tasked with consolidating the client’s data into a web-based reporting platform
that would give multiple users real-time, on-demand visibility of all spend intelligence
including contract vs. actual, payment terms, supplier spend reports, etc.
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- Extracted spend data from Oracle and various third-party data feeds with minimal
resource from Clifford Chance’s IT department
- Automatically categorized all extracted spend data; loaded spend intelligence to
web-based automated spend analytics platform, rapidintel.com
- Configured pre-built on-demand spend analytic applications; developed bespoke executive
dashboards, “slice & dice” reports and alerts
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- Rosslyn Analytics enabled Clifford Chance’s management team to have complete, on-demand
visibility firm-wide spend intelligence within eight weeks of extracting data
- Clifford Chance, as a result of having immediate visibility of accounts payable
data, was able to achieve a return on investment of 100% within two months
- Today, more than 100 Clifford Chance users including global, regional and country-specific
finance and procurement leaders, and category managers, have 24/7 access to spend
intelligence via a web-based automated spend analytics platform that aggregates
all internal and external sources
- Clifford Chance’s global procurement team, with one reporting platform, has driven
down business costs through improved risk analysis, contract management, supplier
management and strategic sourcing initiatives
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