Partnership offers sourcing and procurement data-to-insight-to-action-as-a-service
New York, August 12, 2015 - Genpact (NYSE: G), a global leader in designing, transforming, and running intelligent business operations, has formed a partnership with Rosslyn Analytics, a leading big data technology company, to combine Genpact's source to pay (S2P) process excellence capabilities with Rosslyn Analytics' award-winning spend analytics technology.
The partnership enhances Genpact's source to pay transformation capabilities, based on its patented Smart Enterprise Processes(SM) framework, core IT solutions, and Systems of Engagement™, with Rosslyn Analytics' big data cloud analytics platform, RAPid. The solution provides procurement teams with user-friendly tools to reimagine their S2P functions, make more informed decisions, and ensure robust reporting while reducing the burden on the IT organization.
While many companies have adopted spend analytics tools, procurement teams often struggle to get real value and return on investment (ROI) due to poorly integrated systems, lack of analytics, and underlying processes that do not capture the necessary data. Genpact's partnership with Rosslyn Analytics offers an end-to-end solution that includes data consolidation, analysis and reporting, opportunity identification, business intelligence, sourcing support, and master data management.
The partnership allows clients to adopt spend analytics-as-a-service, enabling fast and flexible deployment that helps maximize ROI. At the same time, the design-thinking approach that the partnership powers will ensure deep adoption of the tools throughout the client organization. Users can more easily access and turn complex data into meaningful information to achieve intelligent procurement operations that sense, act, and learn efficiently and effectively.
"Our collaboration with Rosslyn Analytics allows Genpact to strengthen a strategic area of our portfolio, and provides data-to-insight-as-a-service to help our clients transform their procurement operations," says Shantanu Ghosh, senior vice president, CFO Services and Consulting at Genpact.
"We are excited to partner with Genpact and combine its deep process expertise, experience in consulting, and execution of support services with our big data cloud analytics platform which supports complex data preparation and best-in-class spend analytics," says Charles Clark, chief executive officer at Rosslyn Analytics.