Coca-Cola Enterprises, the third largest bottler of the beverage maker's drinks, is implementing a cloud-computing based expenditure system from Rosslyn Analytics.

The company will use the RA.Pid system to in a bid to analyse and improve its expenditure management across Europe.

The system will provide Coca-Cola Enterprises with a view of expenditure across the continent, with self-service tools enabling finance employees to create rapid custom reports on the data.

It will pull all spending data into a single platform for on-demand, role-based analysis by procurement and finance departments. The company aims to improve expenditure management, increase savings from procurement, track contracts and cut sourcing times.

Vincent Van Oevelen, procurement business process manager at the company, said the system would "deliver savings through detailed spend visibility".