Daitrix | Enhanced company-wide spend visibility, higher supplier negotiating leverage, and 98% spend classified

SpendAI

Enhanced company-wide spend visibility, higher supplier negotiating leverage, and 98% spend classified

Key Challenges

The client, a leading luxury retailer, needed a consolidated view of spend data, including ERP and supplier data. However, the sheer volume of information made analysis challenging. They sought a company-wide, category-level view of their spend for better insights and decision-making.

Our Solutions in Action

Daitrix solutions executed the following for seven data sources: Data Validation, Data Cleansing and Consolidation, Vendor Clustering and Parenting, Spend Classification, Application of client’s Feedback, Data Extraction, SpendAI Dashboards available to all licensed users.

Business Impact

65%

supplier compression leading to higher negotiating leverage.

98%

spend classified.

Company-wide view of spend leading to immediate savings.

65%

supplier compression leading to higher negotiating leverage.

98%

spend classified.

Company-wide view of spend leading to immediate savings.

Enhanced company-wide spend visibility, higher supplier negotiating leverage, and 98% spend classified

Headquarters

Global Offices