Zycus tool automates data analysis
28 August 2012
Data analysis software designed to remove the manual line-by-line legwork required to determine indirect spend has been launched by US company Zycus.
Spend Data Management 2.0 automatically trawls through large quantities of data stored on a variety of systems, and groups together related areas of spend from across an organisation. It uses the UN Standard Products and Services Code, a worldwide e-commerce classification system, to classify the data.
This paves the way for supplier rationalisation, according...