Tuesday, February 19, 2008

RazorSight --On-demand financial audit and analytics software for media, communications and entertainment companies, has raised $4 million

What Company Is Offering:
Razorsight's Software-as-a-Service (SaaS) provides financial executives and managers with next-generation business intelligence to process, manage and analyze financial data -- from a single invoice to global expenditures. Razorsight's solution fully automates the processing of paper and electronic invoices from one to thousands of suppliers, thereby providing greater accuracy, reliability and speed of processing.

How it Works:

Razorsight's AIM solution provides line item visibility, workflow management, dashboards and customized reporting on every cost. Razorsight's complete invoice life cycle management offering is a web-based application that is ideal for distributed work environments. The world-class application and architecture is easy to install, highly scalable and proven to save millions of dollars for each client, providing a quick ROI (generally in 6 to 12 months).

How Much They Got From VCs:
RazorSight Corp., provider of on-demand financial audit and analytics software for media, communications and entertainment companies, has raised $4 million in additional Series A funding.

More at:http://www.razorsight.com/

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