Rosslyn Platform

The Rosslyn Platform is a cloud-based data analytics solution designed to automate and optimize procurement processes for large enterprises. According to the vendor, this platform caters to the needs of procurement professionals, chief procurement officers, supply chain managers, finance professionals, data analysts, and various industries including retail, manufacturing, financial services, healthcare, and technology.

Key Features

Supplier Performance Management: The platform offers scorecards and dashboards to evaluate supplier performance and visualize supplier data, aiming to simplify supplier performance management.

Contract Management: Users can link supplier contracts with spend data, supplier performance scorecards, and more to gain control and visibility over contracts. The platform claims to automate contract agreement management, aiming to prevent losses due to contract leakage, missed deadlines, and unredeemed rebates.

Data Factory: The platform utilizes AI and machine learning to automate the ETL process. It claims to extract, aggregate, validate, enrich, normalize, and classify data, producing clean and standardized data for analysis.

Spend Visibility: The platform automatically aggregates, enhances, and organizes structured and unstructured data to provide comprehensive spend visibility. According to the vendor, this feature helps identify cost-saving opportunities, improve supply chain efficiency, and make data-driven decisions.

Supplier Risk Management: The platform aims to mitigate supply chain risks by monitoring and assessing supplier risk factors such as financial stability, compliance, and reputation. It claims to help identify potential risks and take proactive measures to minimize disruptions in the supply chain.

Data Analytics and Reporting: The platform offers data analysis, custom report generation, and actionable insights. It includes data visualization tools, data modeling capabilities, and ad-hoc reporting functionalities, aiming to help businesses make data-driven decisions and drive operational improvements.

Procurement Workspace: Users can gain analytical insights into the procurement supply chain through the platform. It claims to help consolidate and rationalize contracts, identify supply chain risks, reward supplier performance, and reduce waste. The platform aims to empower users to access and share transformed data for informed procurement decisions.

Spend Management: The platform aims to transform data into enriched information for business-critical decisions. It claims to consolidate multiple supplier data sets, fill in missing data, and standardize output into an easy-to-understand format. According to the vendor, this feature helps identify hidden risks, improve supply chain resilience, and make data-driven decisions.

Spend Analytics: The platform claims to provide perfect visibility into different projects, helping users uncover potential savings, improve productivity, and minimize risk. Users can create personalized filters and dashboards to analyze spend data from different angles and share findings with team members. According to the vendor, this feature helps organizations prioritize procurement efforts, eliminate maverick spend, and leverage automatic taxonomies for efficient data analysis.

Supplier Information Management: The platform aims to streamline the supplier onboarding and maintenance process. It claims to validate prospective suppliers, automate workflows, and provide comprehensive visibility into supplier compliance and risk. According to the vendor, this feature enables organizations to negotiate better and proactively manage supplier relationships.