Razorsight Hosts Webinar with AberdeenGroup and IBM on May 23
Attendees Learn How On-Demand Technologies Advance Payables Automation and Simplify Invoice Life Cycle Management
FAIRFAX, VA – May 17, 2007 – Razorsight Corporation, a market leader and innovator of on-demand Spend Analytics, Master Data Management and Payables Automation software, today announced a webinar with AberdeenGroup and IBM on May 23. The free webinar will provide insight into how today’s Fortune 2000 businesses are reducing AP costs by 91% and saving millions.
Based on recent findings in Aberdeen's Advancing Accounts Payable Report, despite clear and compelling cost benefits from automating processes, enterprises remained inundated by a mountain of paper bills. Increasingly complex business relationships also create a severe lack of visibility into spend and a voluminous paper trail is growing out of control. This is a true Achilles heel to those enterprises that strive for finance operational excellence.
Razorsight is now offering this free online seminar to help organizations learn how to:
• Automate the invoice reconciliation and payment process
• Advance invoice validation and auditing capabilities
• Reduce payment errors and costs of invoice processing
• Maximize supplier discounts and rebate opportunities through timely payments
• Shrink administrative overhead and improve productivity and accuracy
• Increase visibility into all aspects of cost and spend management
• Enhance Sox Compliance
“The single biggest cost center for growing organizations lies in the billing department, where systems typically remain disparate and mired by paper processes that create drains on corporate resources and impede efficient growth,” said Razorsight CEO Charlie Thomas. “The Razorsight May 23 webinar will show companies how to significantly reduce costs by easily automating processes and gaining clear visibility into spend management while enhancing related functions. As AberdeenGroup and IBM will explain, this translates into millions in savings and significantly improved productivity.”
The webinar will include experts from AberdeenGroup and IBM, who will share their expertise and experiences to help audience members implement best practices to transform the AP operation from a cost center into a strategic business unit. The webinar takes place May 23, 2007 from 11:00 am - 12:00 pm EDT. Registration is available online at www.razorsight.com.
# # #
About Razorsight
Razorsight ( www.razorsight.com) is the market leader in on-demand business intelligence for finance executives, providing rich spend analytics and automated invoice processing. Razorsight's Software-as-a-Service (SaaS) provides a new level of visibility into corporate expenditures through advanced technology which automates the manual process of receiving, validating and auditing invoices in any format. Razorsight captures detailed data from invoices, contracts and other sources of information to provide business intelligence that significantly reduces operating costs and enhances Sarbanes-Oxley compliance. Razorsight's web-based software is easy to install, requires no capital investment, is highly scalable and proven to save money. Razorsight's solution is installed at numerous Fortune 500 companies. The comprehensive Razorsight Knowledge Center provides organizations with access to numerous educational resources including a free webinar series featuring industry experts and customer success stories. Razorsight is based in Fairfax, VA and has offices in St. Louis, MO and Bangalore, India.
CONTACTS:
Kim Larkin
Larkin Communications for Razorsight
Office: (703) 250-3590, x3406
Mobile: (202) 391-5205
klarkin@larkincomm.com
www.larkincomm.com
2009
2008
2007
2006
2005
2004
2003
|
