Rosslyn Analytics’ has developed the industry’s first web-based automated spend analytics platform, rapidintel.com, which enables users across organizations to act on spend intelligence that would otherwise reside within departmental silos. rapidintel.com includes web 2.0 tools that facilitate the seamless exchange of information and ideas, which results in faster decision-making among colleagues.

Although organisations do extremely well at building BI infrastructure, they have struggled to quickly deliver accurate, relevant spend intelligence to users. The obstacles have been the widespread use of spreadsheets, limited take-up web 2.0 social media-like tools, and an inability of organization to cost effectively deploy a unified platform that automatically aggregates all enterprise-wide data into one central repository.

rapidintel.com is the industry’s first and only web-based automated spend analytics platform that enable organizations to run as needed pre-built, configurable or bespoke analytic applications that give procurement and finance leaders spend data they need to quickly make better decisions.

Users can also can leverage the collaborative decision-making platform as a repository and its hierarchical structure to save communications, documents, team member information, contract details and other sourcing-related information.

• Streamline and speed the decision process by automating processes such as the automation creation of dashboards, reports
• Inform teams with tailored alerts when supplier contracts are set to expire, or when specific KPIs have been reached
• Integrate the analytical insight derived from information into the decision-making processes throughout the company
• Run brainstorms with colleagues in order to take advantage of new information