Rosslyn Analytics, the pioneer and leader of cloud computing-based spend analysis, has been shortlisted for the innovative vendor of the year award run by the International Legal Technology Association (ILTA). Rosslyn Analytics’ web-based automated spend analytics platform, RA.Pid, enables law firms to quickly identify cost savings, improve employee productivity and mitigate corporate risks through improved spend visibility.
“To be a finalist in this year’s prestigious award is recognition that spend analysis is a priority for management seeking to better understand and analyze spending patterns,” said James Courtis-Pond, Director at Rosslyn Analytics. “Clifford Chance and Pinsent Masons are just two law firms that rely on RA.Pid to control spending, which enables organizations to plug cash leakage and make additional savings through improved sourcing opportunities as quickly as eight weeks.”
The ILTA 2010 Innovative Vendor of the Year recognizes outstanding achievement by vendor organizations that have shown the greatest foresight in development of an innovative technology or process of services used to implement technology in the legal environment.
Law firms rely on RA.Pid to achieve faster and more sustainable savings than those that relyon-premise or Excel-based spend analysis solutions. RA.Pid is unique because it automatically extracts, categorizes and enriches all operational spend in days, not months, without the need to install software or employ consultants. RA.Pid gives everyone one trusted source of spend visibility for better, collaborative decision-making through the use of powerful drill-down reports.
Rob Morris, Global Head of Procurement, Clifford Chance: “Clifford Chance has gained a significant competitive advantage by turning to Rosslyn Analytics. In only eight weeks, Rosslyn Analytics easily, and cost effectively, enabled our global management team to have real-time visibility of company-wide spend data that resulted in immediately driving down business costs through improved risk analysis, contract management, supplier management and strategic sourcing.”
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Rosslyn Analytics, RA.Pid, copyright 2010
About Rosslyn Analytics
Rosslyn Analytics, the pioneer and leader in software as a service (SaaS) cloud computing spend analysis, is changing the way world-class organizations see their spend, forever. Its award-winning web-based automated spend analytics platform, RA.Pid®, delivered as a service, aligns and empowers ALL employees that can influence spend by delivering visibility of enterprise-wide spend in 20-30 business days and data refreshes in hours. Organizations can start with a free self-service version of RA.Pid that gives users the ability to run base spending reports and identify duplicate payments, for example, within minutes of loading data into the platform. For more information, please visit www.rosslynanalytics.com.