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PRESS RELEASE
March 15, 2010 | |
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For Immediate Release
Contact:
Jeffrey M. Kaplan
Managing Director
781-431-2690 | | |
Rosslyn Analytics Wins Best of SaaS Showplace Award
Software-as-a-Service Web-Based, Automated Spend Analytics Platform Helps Enterprises Manage Supplier Risks, Compliance & Business Performance |
Wellesley, Mass. - March 15, 2010. THINKstrategies, Inc., the leading strategic consulting company focused on the business implications of the on-demand services market, announced today that Rosslyn Analytics has been named the latest winner of the Best of SaaS Showplace (BoSS) Awards program, which is aimed at promoting the measurable business benefits being delivered by today's Software-as-a-Service (SaaS) solutions. The BoSS Awards program was announced in January 2009 by THINKstrategies as an initiative aimed at bringing greater attention to SaaS and cloud computing companies that are producing tangible business benefits for specific user organizations. These benefits include increased sales, lower costs, higher customer satisfaction, faster operations and greater profitability.
Rosslyn Analytics' pre-built applications run on Rapidintel, a web-based automated spend analytics (SaaS) platform that aggregates data from multiple sources, such as accounts payable, procurement, travel and procurement cards, into a single online view of all organizational spending activity.Rapidintel automates the collection, categorization, reporting and monitoring of enterprise-wide spend data.
An example of the measurable business benefits of Rosslyn Analytics' spend analysis capabilities is Clifford Chance, one of the world's leading law firms. The firm achieved a return on investment (ROI) of over 100% within eight weeks of using the Rapidintel platform by being able to more easily and effectively extract customer data from Oracle and other third-party data feeds around the world. Today, 150 users across Clifford Chance have access to spend intelligence generated by Rapidintel, including global, regional and country-specific finance and procurement leaders, and category managers. As a result, the firm's global management team has gained real-time visibility of its company-wide spend data which has permitted it to quickly drive down business costs through improved risk analysis, contract and supplier management, and strategic sourcing.
It is for these reasons that Rosslyn Analytics has been named a Best of SaaS Showplace Award winner. A summary of the company's winning BoSS Award submission can be found at http://www.saas-showplace.com/awardSummary.php?key=1435.
"We are extremely pleased to be recognized by THINKstrategies and the SaaS Showplace for the business value of our on-demand performance management solution," said Charles Clark, CEO, Rosslyn Analytics. "Rosslyn Analytics is using cloud computing to offer customers a revolutionary web platform, Rapidintel, which has radically altered how quickly enterprises obtain, use and share spend intelligence to achieve immediate savings without the burden and cost of traditional, on-premise ERP/BI solutions."
"Global organizations must gain greater control of their spending in order to successfully compete in the market long-term," stated Jeffrey M. Kaplan, the founder of the SaaS Showplace and Managing Director of THINKstrategies, the strategic consulting firm which conceived and administers the Showplace."Rosslyn Analytics' SaaS-based spend analysis capabilities enables organizations to better manage their corporate spending to reduce unnecessary costs."
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About the SaaS Showplace
- IT/business decision-makers a quick directory of the leading SaaS providers and a convenient source of valuable insight regarding SaaS trends.
- SaaS providers a targeted tool to increase their visibility among enterprise decision-makers, and gain access to key enabling technology suppliers.
- Enabling technology suppliers a specialized platform to increase industry awareness regarding their SaaS solutions.
The SaaS Showplace is now the largest and highest ranked, vendor-independent, online directory and resource center of industry best practices in the SaaS market. For more information, go to www.saas-showplace.com or www.thinksaas.com.
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About the Best of SaaS Showplace (BoSS) Awards
The BoSS Award program was launched in 2009 as an ongoing initiative to identify and promote SaaS, and 'cloud computing', companies which are offering on-demand solutions which are generating measurable business benefits for their customers.
BoSS award winners are given special designation on the SaaS Showplace, with a summary of their award-winning solution(s) and customer success story. Award winners are also recognized in the SaaS Showplace newsletter distributed to over 12,000 subscribers, and are able to promote their award designation on their website and in pre-approved company material.
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About THINKstrategies, Inc.
THINKstrategies, Inc. is the only strategic consulting services company formed specifically to address the unprecedented business challenges facing IT managers, solutions providers and investors today as the technology industry shifts from a product-centric to a services orientation.
THINKstrategies' mission is to help our clients re-THINK their corporate strategies, and refocus their limited resources to achieve their business objectives. THINKstrategies helps enterprise decision-makers with their sourcing strategies, IT solutions providers with their marketing strategies, and VCs with their investment strategies.
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THINKstrategies, SaaS Showplace and Managed Services Showplace are registered trademarks of THINKstrategies, Inc. | | |