Procurement Analytics Suite

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Commodity Classifier

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Advanced Procurement Analytics

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Fraud Analyzer

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Data Quality Services

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Procurement BI

Overview

In today’s competitive business environment for Organizations it is important to have a good control and focus on bottom line as the costs do get spiralling out of control if not monitored. With organizations procuring thousands of items, it becomes even more difficult to keep track of all these items and identify cost saving opportunities

In order to achieve the above stated objective, you need various statistical algorithms and Machine Learning Algorithms to dig out the patterns which our human mind can’t infer just by looking at reports. To make Procurement as a Strategic Sourcing function, it is imperative we put all the tools in hand to ensure it is cost efficient and optimized

Neewee Analytics has an open source software based dynamic and flexible Procurement Analytics Suite which caters to your end to end Analytics needs. The suits comprises of enables such as Commodity Classifier and Vendor Data Cleansing Solutions which ensure that you do not have to look anywhere else to start your Analytics Journey

Procurement Analytics Suite Components

Commodity Classifier

Classification of Transaction as well as Master Data enabling effective Data Analytics and Decision Making

Advanced Analytics

Various Statistical and Probabilistic Algorithms to dig out Cost Saving Opportunities in your Procurement Data

Vendor Data Quality Services

NLP Functions to de-duplicate your Vendor Information as well as cleansing the other master entities for clean data analysis and decision making