Emptoris.

PositionSPEND ANALYSIS - Spend analysis solution introduced

Emptoris, a provider of Enterprise Supply and Contract Management solutions, has released the latest version of its Spend Analysis solution. The new spend analysis offering is designed to augment a company's enterprise resource planning (ERP), data warehouse and business intelligence (BI) strategies, and take those efforts to the next level in accuracy and spend visibility.

The new offering includes a Spend Data Manager and a Real-time Spend Classifier, as well as major enhancements to Emptoris' Spend Analyzer and new Spend and Contract Visibility offerings. Emptoris, based in Burlington, Mass., is also offering new data extraction consulting services, designed to dramatically accelerate the delivery timeline for comprehensive spend visibility.

The company claims that customers can attain "enterprise-wide spend visibility in as little as three months, a marked improvement compared to companies that rely solely on an ERP, BI or data warehouse solutions." Emptoris Spend Analysis software augments these existing systems as either a service delivered on-demand or as "behind-the-firewall," on-premise software

"We're a global company with widely dispersed operations and procurement needs," said Mitchell E. Plaat, vice president, procurement for Con-way, the freight carrier. "We selected Emptoris as the best solution to support our Procurement Modernization Initiative...

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