The Rosslyn Platform
The future of spend is intelligent
OVERVIEW
At Rosslyn, we transform messy procurement data into actionable strategic insights. Our AI-driven approach seamlessly ingests, cleanses, enriches, and classifies data, revealing valuable insights into spend, suppliers, and ESG metrics. These insights are benchmarked against industry standards and can be tracked in real-time, empowering procurement teams to drive impactful initiatives with confidence.
Platform Features
All your spend data, in one place
The Rosslyn platform automatically pulls data from countless source systems into a single, unified data lake. This essential step enables wholistic analysis of the entire spend estate, leading to strategic insights and transformational improvements.
Load your data without the hassle
No need to populate templates, Rosslyn handles it all for you. Using either online or offline extraction tools, automated bespoke mapping logic, and a robust loading framework, the Rosslyn platform handles ETL without you having to lift a finger.
Do more with less
Rosslyn's Supplier Enrichment toolset empowers procurement teams with more data than they've ever had before. With real time updates to supplier data, as well as the ability to enrich with ESG, carbon and risk data, users can make more informed decisions.
Rapid, accurate classification
AICE is Rosslyn’s AI-powered classification engine that enables accurate, high-speed categorization of spend data into any taxonomy—standard or custom—without the need for pretraining. Designed for enterprise-scale workloads, AICE processes millions of lines per day and adapts to your business’s unique terminology.
Visualise spend
Spend data can tell so many stories, most of which are best explained visually. See where money is being spent, where risks exist, and where savings opportunities lie.
See where to look
Rosslyn does more than just present data back to users, the platform generates actionable insights to highlight risks and opportunities to procurement teams. Insights are tailored to business goals, build off real data.
Know where you stand
Rosslyn offers two mechanisms of benchmarking: community and third party. Community enables clients to compare their spend to similar organisations within Rosslyn's > $15tn spend under management. Third party enables direct comparison to public price books. Both mechanisms lead to direct, actionable insights on savings opportunities.
Track savings as they happen
IniTrack™ empowers procurement teams to set clear goals, define metrics, establish milestones, and outline outcomes for a variety of initiatives. Whether it's cost reduction, supplier rationalization, de-risking, or other strategic objectives, IniTrack™ provides the tools needed to drive successful projects. It is embedded within Rosslyn’s analysis, enrichment, classification, and benchmarking tools, providing a unified platform to plan, track, and report on initiatives. This ensures a streamlined and efficient process for procurement teams to achieve their strategic goals.
Key problems we solve
Harmonizing spend
Rosslyn consolidates spend data from all sources across an organisation. This includes ERPs, purchase cards, PO systems and more. All this spend is mapped and enriched, then categorised to a uniform taxonomy, no matter where it came from. This greatly improves global visibility of spend in complex organisation structures.
Classifying previously unclassified spend
Spend classification is often a very manual process, even in large enterprises. Typically this results in classification focusing on higher value spend, leaving a long tail unclassified. Using Rosslyn's AI Classification Engine (AICE), every line of spend will be addressed.
Strategic initiatives
Rosslyn's IniTrack™ module enables procurement teams to define and track initiatives in real-time., Initiatives cover areas like cost reduction, de-risking, supplier consolidation, cost thresholds and more. These are tracked live from the data automatically loaded into the Rosslyn platform, giving immediate updates on initiative performance.
$15tn
Spend on platform
Rosslyn supports some of the world's biggest organizations
>96%
Classification accuracy
AI categorization improves accuracy, granularity, and time-to-value
100+
ERP connections
Rosslyn has experience integrating with any source system