Procurement 3.0? Yeah, There Is an App for That!

Rosslyn Unveils First Real-Time Application RA.Pid Extract Studio; Enables Business and IT Users to Automatically Extract Any Data from SAP in One-Click

Complete Article Here

“RA.Pid for Excel lowers the barriers to entry for mid-size companies to introduce a comprehensive spend analysis package making the job of analyzing data easier,” said Steve Bowdler, Group Procurement Manager, Produce World. “Within five minutes of loading our multi-site spend data into the web-based RA.Pid platform, my group procurement department has visibility of categorized data in which to run base spending reports to identify saving opportunities today, not tomorrow.”

RA.Pid Extract Studio Benefits:

• RA.Pid Extract Studio extracts not just spend data but any data depending on your role.
• The secure extraction process is able to commence in just one-click following the single configuration phase.
• No manual support or supervision is required once extraction commences due to fully automated “lights out” capability.
• Users are able to manually extract data from database tables and specific fields.
• Users are able to use predefined templates to create, load and save extraction projects.
• Users are able to extract spend data for analysis in Excel or in the RA.Pid platform.
• Users are able to view and interact with data in real-time as it is being extracted, including filtering, searching and grouping data.
• Users are able to securely transfer data due to the built-in file compression and automated SFTP utilities.

Interesting use of technology in the procurement sector. Currently the app is in the U.K. and seems to be private sector oriented, but that doesn’t mean that similar apps couldn’t eventually find their way into the public sector.

What do you think?