JAGGAER to Release Actionable Analytics in Phase One of Augmented Analytics Roadmap
- All Industries
- Press Release
RESEARCH TRIANGLE PARK, NC – March 7, 2019 – JAGGAER, the world’s largest independent spend management company, today announces the planned release of Actionable Analytics technology as part of a multi-phase roadmap toward an Augmented Analytics solution for its JAGGAER ONE spend management platform. Actionable Analytics will be released in the JAGGAER 19.1 platform update, scheduled for April 2019.
Traditional data analysis identifies issues, such as a supplier not meeting KPIs or price variance on a product, then requires a user to find the issues in question before initiating a resolution process. Actionable Analytics, to be released on the JAGGAER ONE platform, fully integrates analytics and process flows, allowing the user to identify areas that require action, and the ability to launch that action directly. Users will be able to conduct activities including creating a supplier development plan, or an auction to consolidate product spend and eliminate price variance.
This enhancement forms the first part of multi-phase deployment, embracing additional planned technologies, including predictive analytics. These technologies will interface with the platform’s planned Smart Assistant, that will guide the user, suggest next steps and anticipate events.
“JAGGAER’s technology roadmap represents the enterprise level path to democratized AI. We anticipate that within a few short years these types of powerful analytics tools will become ubiquitous within the workplace and drive all aspects of digital-powered spend management. Our technology is a strong part of the global adoption of this emerging ecosystem,” says Zia Zahiri, CTO, JAGGAER.
About JAGGAER: Global Spend Management Solutions
JAGGAER is the world’s largest independent spend management company, with over 2,000 customers connected to a network of 3.7 million suppliers in 70 countries, served by offices located in North America, Latin America, throughout Europe, the United Kingdom, Australia, Asia and the Middle East. JAGGAER offers complete SaaS-based Source to Pay eProcurement solutions with advanced Spend Analytics, Sourcing, Supplier Management, Contract Lifecycle Management, Savings Tracking and intelligent workflow capabilities. JAGGAER has pioneered spend solutions for over two decades and continues to lead the innovation curve by listening to customers and analyzing the market. Our solution suites are trusted by the world’s largest manufacturing, education, health care, retail, consumer package goods, logistics, construction, utilities companies and public service organizations.