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LONDON (Alliance News) - Rosslyn Data Technologies PLC announced Friday a partnership with Genpact Ltd to combine Genpact's source-to-pay process capabilities with its Rosslyn Analytics big data cloud platform.
Rosslyn Analytics, a data technology subsidiary of Rosslyn Data Technologies, said its big data cloud analytics platform RAPid is used to integrate data from internal and external sources and to provide data analytics services to corporate clients.
'Source to pay' is the process of obtaining and managing the raw materials needed for manufacturing a product or providing a service. Source-to-pay solutions use a scan-and-capture service to submit invoices electronically and offer purchase-order-to-invoice matching and processing for invoices that don?t match or when goods are returned.
Rosslayn said that the partnership with New York-listed Genpact offers a cloud solution for finance, accounting and consulting firms that includes data consolidation, analysis and reporting, opportunity identification, business intelligence, sourcing support, and master data management.
"We are excited to partner with Genpact and combine its deep process expertise, experience in consulting, and execution of support services with our big data cloud analytics platform which supports complex data preparation and best-in-class spend analytics," says Charles Clark, chief executive officer of Rosslyn Analytics.
Shares in Rosslyn were down 0.4% down at 12.70 pence Friday.
By Preten Patel; pretenpatel@alliancenews.com
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