Tuesday 29 November, 2011

NSPCC, the UK’s leading children’s charity specialising in child protection, aims to deliver cost savings by using Rosslyn Analytics’ award-winning cloud-based spend analytics and contract management platform, RA.Pid.

“Rosslyn Analytics has developed a unique offering that significantly reduces time and cost spent manually obtaining, managing and reporting data – these resources combined with the savings that RA.Pid will help us to identify, can now be dedicated to helping children,” said Catherine Dixon, General Counsel & Company Secretary of NSPCC.  “Employing best business practices and technologies used in the private sector that release funds to help even more children and assist us to navigate this difficult economic climate is a ‘win win’ for the Legal and Procurement teams.”

NSPCC selected Rosslyn Analytics, the leader in one-click data discovery and business intelligence software, in early November and within a few days the charity had 10 employees from the procurement and legal team analysing spend and contract data that had been self-loaded into the RA.Pid platform. “RA.Pid has given NSPCC a true cross-organisational analytical platform which meets the diverse reporting needs of multiple internal stakeholders,” added Catherine Dixon.

Faster savings for procurement
“Rosslyn Analytics provides the procurement team with a categorised view of spend within minutes of loading data into the RA.Pid platform,” said Chris Richfield, Head of Procurement, NSPCC.  “Through enhanced spend visibility, we will  implement a strategic category management approach focused on identifying and tracking saving opportunities through improved purchasing of goods and services.”

“RA.Pid features a built-in duplicate invoice checker that supplements our existing controls enabling us to proactively identify and prevent potentially erroneous payments to suppliers. RA.Pid will also help with our budgeting and planning process and in particular managing cash flow forecasting through ‘what if’ scenarios to determine the impact of our supplier profile.”

Stronger compliance for legal
“RA.Pid is a risk reducing tool that gives us immediate exposure to all significant spending areas, and the means to better influence and manage contractual risks with suppliers,” said Catherine Dixon.  “With a centralised contract repository and built-in alerting for when contracts are to set to expire or roll-on, the legal team will significantly reduce the risks of slippage or off contract spend, ensuring that our resources are spent where they should be, helping children.”

Rosslyn Analytics has turned the business intelligence market upside down by slashing the initial time it takes for business users to obtain information from weeks to minutes, whist reducing the cost of reporting platforms from hundreds of thousands of pounds to below £1,000.  Customers obtain a return on investment in eight weeks because no software or training is required to deploy or run the web-based self-service RA.Pid analytics platform.