What is meant by the consolidation of purchasing data?

With consolidation, data – particularly historical supplier data – is harmonized, grouped, and finally aggregated in clusters. This includes the following individual steps, etc.:

  • Deleting or compiling duplicates
  • Depicting relations between suppliers
  • Transferring into a hierarchical structure
DataCategorizer 2017
Perfect data quality is the basis of successful spend management. Imagine, you have always current, valid and reliable data, for example, about the amount of savings which are directly influenced by your purchasing department. Our software provides you with the transparency and reliabile data you need.
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