DataCategorizer is certified as powered by SAP HANA

The Orpheus DataCategorizer supports clients in swiftly achieving group-wide transparency within their procurement data, required for reliable analyses. An AI-backed framework implements various functions for Semantic Data Management (SDM) and thus enables automated spend classification, harmonization, structuring, enrichment and improvement of all (procurement-)relevant, transactional- and master data.

Key value levers are:

  • Enablement for swift & precise access to opportunity analysis (down to lowest level)
  • Better procurement data = better enabler for category management strategies & sourcing strategies
  • Data foundation for ML-backed automation, e.g. AnalysisBOTs

In combination with the Orpheus InitiativeTracker, procurement can immediately derive savings potentials to implement and control appropriate initiatives and measure their success, based on the transparency generated in the procurement data.

Nuremberg, Germany - January 21, 2019 - Orpheus DataCatergorizer has received SAP certification for the SAP HANA® platform. The solution has been proven to run on SAP HANA and leverages its unique capabilities.

The SAP® Integration and Certification Center (SAP ICC) has certified that DataCategorizer 4.1.0 is supported by SAP HANA. SAP HANA revolutionizes the speed of data processing for reporting, analysis and computing tasks. Solutions based on the SAP HANA platform have proven to run on SAP HANA and leverage the special capabilities of SAP HANA.

"We are pleased to announce the successful development of our DataCategorizer, which is now SAP HANA certified," said Dr. Jörg Dittrich, CEO of Orpheus GmbH. "The ability of DataCategorizer to leverage the power of SAP HANA will prove to be very beneficial to our current and future customers".

The most important functions of the DataCategorizer:

Automate spend data classification

Use several AI based algorithms to execute your fine granular spend data classification

With our outstanding mixture of seamless integrated algorithms, it is very easy to classify 100% of your spend (direct, indirect & spend without POs) based on invoice- and purchase order positions. After the preclassification with our permanently extended knowledge database, the user will validate and extend the classification quickly with help of our sustainable expert system. The Orpheus Similarity method boosts the speed here by transferring user-based classification steps to other similar objects. Finally, this knowledge is learned by the Orpheus auto-classification ML-machine and continuous the manual work on future data without user interaction.

Automate supplier master data clustering, cleansing & consolidation

Automatically structure your suppliers in family trees.

The Orpheus Supplier data management module uses several techniques of linguistic, pattern recognition & AI to eliminate duplicate entries, merge suppliers of different countries & writing systems (e.g. latin, cyrillic, hebrew etc.) and structure them in a hierarchical and procurement specific way. The whole process is supported by a supplier expert knowledge database that also contains information about M&A transactions and is able to copy cleansed attributes to customer master data.

Cluster material master data

Find and cluster identical or similar materials.

Grouping (clustering) similar or identical parts/materials (group-wide) makes it possible, among other things, to find starting points for standardization and specification changes, to compare prices of similar parts in the sense of price benchmarking, to analyze price and cost drivers and to lay the foundation for advanced methods of (linear) performance pricing (LPP).

What are the main benefits of DataCategorizer:

Uncover savings opportunities and strengthen your negotiation position

By intelligently consolidating and structuring all suppliers, clients get a comprehensive, bundled overview of the entire group spend as well as an exact and procurement-focused definition of all expenditures. Therefore, your position in negotiations with suppliers will be strengthened from a strategic perspective (competitive edge).

Transform your ERP data structure to a procurement-specific data structure

DataCategorizer supports the transformation from a manufacturing, product or finance view based on decentral maintained material groups or accounts towards a consolidated procurement-oriented perspective (e.g. eCl@ss, UNSPSC or customer specific). The possibility to classify on an absolute fine-granular level generates an unprecedented data transparency which allows you to compare your entire heterogeneous global spend, uncover savings opportunities and detect substitute materials and suppliers.

Get new analytical insights with data enrichment

Transactional data is intelligently enriched and clustered by a supplier family tree, material cluster information (e.g. equal or similar materials) and an individual procurement-based taxonomy.

Prepare data for KPI, price & performance benchmarking

Only cleansed, validated and reliable data reveal their added value and paves the way for data-driven decision making, advanced analytics, BOTs, benchmarks and process automation.

Fast ROI and time-to-market: Accelerate your procurement digitalization project

DataCategorizer offers an intuitive, easy to learn user interface which minimizes training efforts. Together with the possibility of working collaboratively from different locations, the foundation for your digitalization projects is quickly established.

Once the training phase is over, you can save important time by semi-automated data cleansing & classification steps. DataCategorizer’s AI based algorithms support and partly even take over classification tasks.

Reduce cost of data quality

The possible outcome of analyses and reports directly correlate with the quality of data. Moreover, a poor data quality causes unnecessary expenses (cost of data quality) as well as financial impact and manual data processing and thus slows down employees, decisions & processes.

DataCategorizer not only eliminates duplicates in supplier and material master data, but also corrects false assignments in your transactional data. This is done for 100% of the addressable spend: That means not only item-related orders, but also free text orders and invoices without order reference.

The information in supplier master data (Address, VAT, DUNS etc.) can be merged, cleansed and enriched by either supplier duplicates or an external database with expert knowledge.

Support automation of S2P/SRM processes (Decision support & guidance use case)

DataCategorizer and particularly our “Similarity approach” – powered by AI-based supplier cluster algorithms – helps to uncover alternative suppliers for sourcing processes. By that, the tedious search for substitute suppliers can intelligently be automated and therefore saves important (human) resources.

Group-wide adoption and user enablement

The graphical user interface (UI) allows to incorporate the business users (e.g. category managers) into the process. The UI uses colors for user guiding and decision-making facilitation. The UI is a great enabler to drive adoption across the entire organization.

Trusted pool of Procurement data for better (fact-based business) partnering

Strategic procurement will become a better business partner as it can act upon a trusted data set (single point of truth) and thus has the potential to emerge into a critical value chain contributor. A key milestone on this journey is building trust (business partnering) with validated procurement data, e.g. by Finance.

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In this blog you will find expert knowledge about initiative management and project management in strategic procurement. InitiativeTracker is a software for planning and monitoring your sourcing initiatives, controlling your procurement organization and measuring your procurement performance.

Events

13. - 15. November 2019

54. BME-Symposium Procurement & Logistics

InterContinental Berlin, Germany

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18. - 19. September 2019

Digital Procurement World (DPW)

Amsterdam, Netherlands

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