procurement systems - riversand

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Page 1: Procurement Systems - Riversand

Energy Data Management Solutions

Riversand energy enterprises are under attack as a result of Cap and Trade taxes,

deferments rules, and compliance regulations. Everyday, these rules and

regulations increase in complexity. Huge fines and penalties are imposed on

enterprises for the smallest compliance violations. The best protection against

large margin killing penalties is accurate and complete compliance data that is

easily accessible. A strategic Master Data Management Plan can ensure an

organization can meet its goal of timely, accurate data. Riversand Solution

provides purchasing and material management groups with the capability to

manage the aggregation, cleansing and use of product data from multiple

suppliers or internal divisions.

The riversand solution has created and deployed numerous comprehensive

compliance solutions for energy enterprises. The riversand solution provides a

single web-based platform to aggregate, manage and coordinate all RIG/Platform

related energy master data management such as Equipment, BOM’s,

Maintenance Strategies, Digital Assets, Bulk Materials, Spare Parts & Materials

Related Data etc.

Page 2: Procurement Systems - Riversand

Distribution Information System

Distributors are faced with a single challenge of being both the buyer and supplier

of a product. First, they must collective the content received from thousands of

suppliers using different formats and processes into one user-friendly list. After

that, the challenge of providing customers with rich product information that is

current is next. Since each customer uses the content to drive their own

procurement system initiatives, correctness is mission-critical. A breakdown in

reliable data can have a negative or a positive ripple effect on profit margins as it

flows across multiple enterprises. Good organization and profitability can be

achieved with the use of a proven Product Information Management.

Riversand multi-domain MDM solution provides a single enterprise platform to

manage and govern Customer and Reference data. Our highly flexible, enterprise

solution, enables users to create Global Data Model along with Global and Local

data governance processes.

Visit Us:

http://www.riversand.com/