Emptoris Spend Analysis Processes
Emptoris® Spend Analysis application gathers large amount of accounting transaction data that is spread across your organization.
It cleans and consolidates the data, mapping it to different data dimensions such as Geography, Commodity and so on. By using these dimensions to filter data, you can track the expenses of the commodities bought by the users of the Emptoris Spend Analysis application.
Why Data Needs Cleaning and Consolidation
- Data is from many accounting or ERP systems across many subsidiaries in many countries
- Same vendor has multiple IDs (across systems) and various spellings
- GL Accounts provide inexact spending area information
- Transaction data is incomplete
- Mergers or acquisitions have led to name changes
Individual transactions are mapped to all dimensions.