UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G
Under the Securities Exchange Act of 1934
Amendment No. 3

Manhattan Associates, Inc.
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(Name of Issuer)

Common Stock, $0.01 par value
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(Title of Class of Securities)

562750109
--------------------------------------------
(CUSIP Number)

December 31, 2004
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(Date of Event Which Requires Filing of this Statement)

Check the  appropriate box to designate the rule pursuant to which this Schedule
is filed:

[ ] Rule 13d-1(b)

[X] Rule 13d-1(c)

[ ] Rule 13d-1(d)

Page 1 of 13 pages

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CUSIP No. 562750109                   13G
-----------------------

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1.   Name of Reporting Person
I.R.S. Identification No. of above Person

Goldman Sachs Asset Management, L.P.

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2.   Check the Appropriate Box if a Member of a Group
(a) [_]
(b) [_]

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3.   SEC Use Only

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4.   Citizenship or Place of Organization

Delaware

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5.   Sole Voting Power

Number of                 1,273,662

Shares        ----------------------------------------------------------
6.   Shared Voting Power
Beneficially      
1,100,648
Owned by
----------------------------------------------------------
Each          7.   Sole Dispositive Power

Reporting                  1,407,962

Person        ----------------------------------------------------------
8.   Shared Dispositive Power
With:          
1,100,648

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9.   Aggregate Amount Beneficially Owned by Each Reporting Person

2,508,610

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10.   Check if the Aggregate Amount in Row (9) Excludes Certain Shares

[_]

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11.   Percent of Class Represented by Amount in Row (9)

8.3%

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12.   Type of Reporting Person

IA

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Page 2 of 13 pages

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CUSIP No. 562750109                   13G
-----------------------

------------------------------------------------------------------------------
1.   Name of Reporting Person
I.R.S. Identification No. of above Person

Goldman Sachs 2002 Exchange Place Fund, L.P.

------------------------------------------------------------------------------
2.   Check the Appropriate Box if a Member of a Group
(a) [_]
(b) [_]

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3.   SEC Use Only

------------------------------------------------------------------------------
4.   Citizenship or Place of Organization

Delaware

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5.   Sole Voting Power

Number of                 0

Shares        ----------------------------------------------------------
6.   Shared Voting Power
Beneficially      
730,551
Owned by
----------------------------------------------------------
Each          7.   Sole Dispositive Power

Reporting                  0

Person        ----------------------------------------------------------
8.   Shared Dispositive Power
With:          
730,551

------------------------------------------------------------------------------
9.   Aggregate Amount Beneficially Owned by Each Reporting Person

730,551

------------------------------------------------------------------------------
10.   Check if the Aggregate Amount in Row (9) Excludes Certain Shares

[_]

------------------------------------------------------------------------------
11.   Percent of Class Represented by Amount in Row (9)

2.4%

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12.   Type of Reporting Person

PN

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Page 3 of 13 pages

-----------------------
CUSIP No. 562750109                   13G
-----------------------

------------------------------------------------------------------------------
1.   Name of Reporting Person
I.R.S. Identification No. of above Person

Goldman Sachs 2001 Exchange Place Fund, L.P.

------------------------------------------------------------------------------
2.   Check the Appropriate Box if a Member of a Group
(a) [_]
(b) [_]

------------------------------------------------------------------------------
3.   SEC Use Only

------------------------------------------------------------------------------
4.   Citizenship or Place of Organization

Delaware

------------------------------------------------------------------------------
5.   Sole Voting Power

Number of                 0

Shares        ----------------------------------------------------------
6.   Shared Voting Power
Beneficially      
370,097
Owned by
----------------------------------------------------------
Each          7.   Sole Dispositive Power

Reporting                  0

Person        ----------------------------------------------------------
8.   Shared Dispositive Power
With:          
370,097

------------------------------------------------------------------------------
9.   Aggregate Amount Beneficially Owned by Each Reporting Person

370,097

------------------------------------------------------------------------------
10.   Check if the Aggregate Amount in Row (9) Excludes Certain Shares

[_]

------------------------------------------------------------------------------
11.   Percent of Class Represented by Amount in Row (9)

1.2%

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12.   Type of Reporting Person

PN

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Page 4 of 13 pages

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CUSIP No. 562750109                   13G
-----------------------

------------------------------------------------------------------------------
1.   Name of Reporting Person
I.R.S. Identification No. of above Person

Goldman Sachs 2002 Exchange Fund Advisors, L.L.C.

------------------------------------------------------------------------------
2.   Check the Appropriate Box if a Member of a Group
(a) [_]
(b) [_]

------------------------------------------------------------------------------
3.   SEC Use Only

------------------------------------------------------------------------------
4.   Citizenship or Place of Organization

Delaware

------------------------------------------------------------------------------
5.   Sole Voting Power

Number of                 0

Shares        ----------------------------------------------------------
6.   Shared Voting Power
Beneficially      
730,551
Owned by
----------------------------------------------------------
Each          7.   Sole Dispositive Power

Reporting                  0

Person        ----------------------------------------------------------
8.   Shared Dispositive Power
With:          
730,551

------------------------------------------------------------------------------
9.   Aggregate Amount Beneficially Owned by Each Reporting Person

730,551

------------------------------------------------------------------------------
10.   Check if the Aggregate Amount in Row (9) Excludes Certain Shares

[_]

------------------------------------------------------------------------------
11.   Percent of Class Represented by Amount in Row (9)

2.4%

------------------------------------------------------------------------------
12.   Type of Reporting Person

OO

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Page 5 of 13 pages

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CUSIP No. 562750109                   13G
-----------------------

------------------------------------------------------------------------------
1.   Name of Reporting Person
I.R.S. Identification No. of above Person

Goldman Sachs Management Partners, L.P.

------------------------------------------------------------------------------
2.   Check the Appropriate Box if a Member of a Group
(a) [_]
(b) [_]

------------------------------------------------------------------------------
3.   SEC Use Only

------------------------------------------------------------------------------
4.   Citizenship or Place of Organization

Delaware

------------------------------------------------------------------------------
5.   Sole Voting Power

Number of                 0

Shares        ----------------------------------------------------------
6.   Shared Voting Power
Beneficially      
370,097
Owned by
----------------------------------------------------------
Each          7.   Sole Dispositive Power

Reporting                  0

Person        ----------------------------------------------------------
8.   Shared Dispositive Power
With:          
370,097

------------------------------------------------------------------------------
9.   Aggregate Amount Beneficially Owned by Each Reporting Person

370,097

------------------------------------------------------------------------------
10.   Check if the Aggregate Amount in Row (9) Excludes Certain Shares

[_]

------------------------------------------------------------------------------
11.   Percent of Class Represented by Amount in Row (9)

1.2%

------------------------------------------------------------------------------
12.   Type of Reporting Person

PN

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Page 6 of 13 pages

Item 4.            Ownership.*

(a).     Amount beneficially owned:
See the response(s) to Item  9 on the attached cover page(s).

(b).     Percent of Class:
See the response(s) to Item 11 on the attached cover page(s).

(c).     Number of shares as to which such person has:

(i).     Sole power to  vote or to direct  the vote:  See the
response(s) to Item 5 on the attached cover page(s).

(ii).    Shared power to vote or to direct the vote:  See the
response(s) to Item 6 on the attached cover page(s).

(iii).   Sole power to  dispose or to direct  the disposition
of:  See the response(s) to  Item 7  on the attached
cover page(s).

(iv).    Shared power to dispose or to direct the disposition
of:  See the response(s) to  Item 8  on the attached
cover page(s).

Item 10.           Certification.  
By  signing  below I  certify  that,  to the best of my
knowledge and belief,  the securities  referred to above were
not acquired and are not held  for the purpose of or with the
effect of changing or influencing  the control  of the issuer
of the  securities and were not acquired and are not  held in
connection  with  or  as a  participant  in  any  transaction
having that purpose or effect.

--------------------------
* In accordance with Securities and Exchange Commission ("SEC") Release No.
34-39538  (January 12, 1998),  this filing reflects the securities  beneficially
owned by  Goldman  Sachs  Asset  Management,  L.P.  ("GSAM  LP").  GSAM  LP,  an
investment advisor, disclaims beneficial ownership of any securities managed, on
GSAM LP's behalf, by third parties.

Page 7 of 13 pages

SIGNATURE

After reasonable inquiry and to the best of my knowledge
and belief,  I certify that the information set forth in
this statement is true, complete and correct.

Date:  February 11, 2005

GOLDMAN SACHS ASSET MANAGEMENT, L.P.

By:/s/ Ted Chang 
----------------------------------------
Name:  Ted Chang
Title: Attorney-in-fact

GOLDMAN SACHS 2002 EXCHANGE PLACE FUND, L.P.

By:/s/ Ted Chang 
----------------------------------------
Name:  Ted Chang
Title: Attorney-in-fact

GOLDMAN SACHS 2001 EXCHANGE PLACE FUND, L.P.

By:/s/ Ted Chang 
----------------------------------------
Name:  Ted Chang
Title: Attorney-in-fact

GOLDMAN SACHS 2002 EXCHANGE FUND ADVISORS, L.L.C.

By:/s/ Ted Chang 
----------------------------------------
Name:  Ted Chang
Title: Attorney-in-fact

GOLDMAN SACHS MANAGEMENT PARTNERS, L.P.

By:/s/ Ted Chang 
----------------------------------------
Name:  Ted Chang
Title: Attorney-in-fact

Page 8 of 13 pages

INDEX TO EXHIBITS

Exhibit No.   Exhibit
-----------   -------

99.1          Power of Attorney,  dated February 10, 2005,  relating to  Goldman
Sachs 2002 Exchange Place Fund, L.P.

99.2          Power of  Attorney,  dated  August 23, 2004,  relating to  Goldman
Sachs 2001 Exchange Place Fund, L.P.

99.3          Power of  Attorney,  dated  August 23, 2004,  relating to  Goldman
Sachs 2002 Exchange Place Advisors, L.L.C.

99.4          Power of  Attorney,  dated  August 23, 2004,  relating to  Goldman
Sachs Management Partners, L.P.

Page 9 of 13 pages

Exhibit (99.1)

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE  PRESENTS that GOLDMAN SACHS 2002 EXCHANGE  PLACE
FUND,  L.P. (the  "Company")  does hereby make,  constitute  and appoint each of
Roger S. Begelman,  Edward T. Joel and Ted Chang, (and any other employee of The
Goldman Sachs Group, Inc. or one of its affiliates  designated in writing by one
of the attorneys-in-fact), acting individually, its true and lawful attorney, to
execute and deliver in its name and on its behalf  whether the Company is acting
individually or as representative of others,  any and all filings required to be
made by the Company under the Securities Exchange Act of 1934, (as amended,  the
"Act"),  with respect to securities which may be deemed to be beneficially owned
by  the   Company   under  the  Act,   giving  and   granting   unto  each  said
attorney-in-fact  power and authority to act in the premises as fully and to all
intents and purposes as the Company might or could do if  personally  present by
one of its authorized signatories, hereby ratifying and confirming all that said
attorney-in-fact shall lawfully do or cause to be done by virtue hereof.

THIS POWER OF ATTORNEY  shall  remain in full force and effect until either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons to whom power of  attorney  has been  hereby  granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.

IN WITNESS  WHEREOF,  the undersigned has duly subscribed these presents as
of February 10, 2005.

GOLDMAN SACHS 2002 EXHANGE PLACE FUND, L.P.
By: Goldman Sachs 2002 Exchange Fund Advisors, L.L.C.

By:/s/ Robert C. Jones
-----------------------------
Name:  Robert C. Jones
Title: President

Page 10 of 13 pages

Exhibit (99.2)

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE  PRESENTS that GOLDMAN SACHS 2001 EXCHANGE  PLACE
FUND,  L.P. (the  "Company")  does hereby make,  constitute  and appoint each of
Roger S. Begelman,  Edward T. Joel and Ted Chang, (and any other employee of The
Goldman Sachs Group, Inc. or one of its affiliates  designated in writing by one
of the attorneys-in-fact), acting individually, its true and lawful attorney, to
execute and deliver in its name and on its behalf  whether the Company is acting
individually or as representative of others,  any and all filings required to be
made by the Company under the Securities Exchange Act of 1934, (as amended,  the
"Act"),  with respect to securities which may be deemed to be beneficially owned
by  the   Company   under  the  Act,   giving  and   granting   unto  each  said
attorney-in-fact  power and authority to act in the premises as fully and to all
intents and purposes as the Company might or could do if  personally  present by
one of its authorized signatories, hereby ratifying and confirming all that said
attorney-in-fact shall lawfully do or cause to be done by virtue hereof.

THIS POWER OF ATTORNEY  shall  remain in full force and effect until either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons to whom power of  attorney  has been  hereby  granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.

IN WITNESS  WHEREOF,  the undersigned has duly subscribed these presents as
of August 23, 2004.

GOLDMAN SACHS 2001 EXHANGE PLACE FUND, L.P.
By: Goldman Sachs Management Partners, L.P.
By: Goldman Sachs Management, Inc.

By:/s/ Robert Litterman
-----------------------------
Name:  Robert Litterman 
Title: President

Page 11 of 13 pages

Exhibit (99.3)

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE  PRESENTS  that GOLDMAN  SACHS 2002 EXCHANGE FUND
ADVISORS,  L.L.C. (the "Company") does hereby make,  constitute and appoint each
of Roger S. Begelman,  Edward T. Joel and Ted Chang,  (and any other employee of
The Goldman Sachs Group, Inc. or one of its affiliates  designated in writing by
one  of  the  attorneys-in-fact),  acting  individually,  its  true  and  lawful
attorney,  to execute  and  deliver in its name and on its  behalf  whether  the
Company is acting  individually  or as  representative  of  others,  any and all
filings required to be made by the Company under the Securities  Exchange Act of
1934, (as amended, the "Act"), with respect to securities which may be deemed to
be  beneficially  owned by the Company  under the Act,  giving and granting unto
each said  attorney-in-fact  power and authority to act in the premises as fully
and to all intents and purposes as the Company  might or could do if  personally
present by one of its authorized  signatories,  hereby  ratifying and confirming
all that said  attorney-in-fact  shall lawfully do or cause to be done by virtue
hereof.

THIS POWER OF ATTORNEY  shall  remain in full force and effect until either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons to whom power of  attorney  has been  hereby  granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.

IN WITNESS  WHEREOF,  the undersigned has duly subscribed these presents as
of August 23, 2004.

GOLDMAN SACHS 2002 EXCHANGE FUND ADVISORS, L.L.C.

By:/s/ Robert Litterman
-----------------------------
Name:  Robert Litterman 
Title: President

Page 12 of 13 pages

Exhibit (99.4)

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS that GOLDMAN SACHS MANAGEMENT  PARTNERS,
L.P. (the "Company")  does hereby make,  constitute and appoint each of Roger S.
Begelman,  Edward T. Joel and Ted Chang,  (and any other employee of The Goldman
Sachs Group,  Inc. or one of its affiliates  designated in writing by one of the
attorneys-in-fact),  acting  individually,  its true  and  lawful  attorney,  to
execute and deliver in its name and on its behalf  whether the Company is acting
individually or as representative of others,  any and all filings required to be
made by the Company under the Securities Exchange Act of 1934, (as amended,  the
"Act"),  with respect to securities which may be deemed to be beneficially owned
by  the   Company   under  the  Act,   giving  and   granting   unto  each  said
attorney-in-fact  power and authority to act in the premises as fully and to all
intents and purposes as the Company might or could do if  personally  present by
one of its authorized signatories, hereby ratifying and confirming all that said
attorney-in-fact shall lawfully do or cause to be done by virtue hereof.

THIS POWER OF ATTORNEY  shall  remain in full force and effect until either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons to whom power of  attorney  has been  hereby  granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.

IN WITNESS  WHEREOF,  the undersigned has duly subscribed these presents as
of August 23, 2004.

GOLDMAN SACHS MANAGEMENT PARTNERS, L.P.
By: Goldman Sachs Management, Inc.

By:/s/ Robert Litterman
-----------------------------
Name:  Robert Litterman 
Title: President

Page 13 of 13 pages