Ocean Software International Inc., Announces PRESERVE a turn-key solution for Spend Analysis/Analytics by providing accurate, detailed views of the sp
Henderson, NV (PRWeb) December 5, 2006 -- "PRESERVE" a Spend Analysis Service integrates budget, suppliers, product, purchase requistions, purchase orders, accounts payable and expense report information to provides a complete view of a company's spending landscape.
By providing accurate, detailed views of a company's spending landscape on an ongoing basis, Ocean's Spend Analysis Service will help manage Supply Chain requirements.
Some of the questions that "PRESERVE" can answer are:
Who are you buying from?,
Are you buying the same item from several suppliers?,
How does your spend compare to what is being planned and budgeted?,
What percent of your spend is being attributed to Maverick buyers?
What is your overall spend commitment?
How does your spend compare today as compared to yesterday?
How does your Spend and Commitments compare to budget?
"PRESERVE", on a daily, weekly or monthly schedule receives spend related raw data, and is transformed into meaningful information through best practices in data management. "PRESERVE" then generate insightful analytical reports and sends them back. A historical repository of spend, enabling trend analysis such as comparing current month spend activity to the prior month.
In Summary:
"PRESERVE" provides a secured WEB-Based access to customer spending information. Customers may use predefined reports and queries, or perform their own in-depth analysis. Preserve incorporates key performance indicators that reflect Spend, Procurement, and Supplier performance information. It does not replace existing operational systems, and will be used as a complement to existing applications with no capital investment requirements on the customer's part.
Technology and resource infrastructure are provided via Ocean's Business Intelligence Network and Repository. The PRESERVE technology provides an architecture that supports strategic procurement and spend analysis by creating access to data through our web based query and reporting tools.
Contact Information:
Donald R Sallot, PhD
President / CEO
Ocean Software International, Inc
2654 W Horizon Ridge Pkwy
Suite B5-271
Henderson, Nevada 89052
800-979-9566
www.oceansoftware.com
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This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
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