Addressing the data deficit

All too often your financial data does not deliver the level of detail and the right kind of information you need to support the development of procurement strategy and transform the procurement of bought-in goods and services. Your own financial systems give you an important part of the picture, but they may not contain all the information you need, in an accessible format, with the sufficient degree of granularity, to enable you to answer the questions you have from a procurement perspective. The enhance phase of our methodology is a key step in the process of addressing the deficit in your own internal data by cleansing and standardising the transactional data and adding critical supplemental intelligence to each of your core trade & third sector supplier records:

• The input file is cleansed and consolidated and then matched to external databases and the profile of each of your core trade and third sector suppliers is enriched with additional attributes.
• The AutoClass artificial intelligence (AI) based classification engine enables us to deliver UNSPSC classification of your line item data where required.
• Core trade supplier records are D-U-N-S numbered.