Orpheus, a McKinsey company - Digital Backbone

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Orpheus, a McKinsey company - Impact Tracker

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Orpheus, a McKinsey company - Data Categorizer

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Data Cleansing & Categorization
Orpheus, a McKinsey company - Spend Control

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Orpheus, a McKinsey company - Category Analytics

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Orpheus, a McKinsey company - Impact Tracker

Impact &
Savings Tracking

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Impact & Savings Tracking

From Transparency to Savings - Turn potentials into cash

Category: Spend Analysis | Duration: 1:25 min

First, we connect to the source systems where we extract and enrich the data. For SAP we have a proprietary extractor program, for other ERPs we can provide interface specifications.

In the next step, the data is being cleansed, harmonized and classified with the DataCategorizer. A proprietary AI-based algorithmic solution that allows for semi-automated data structuring. The result is a spendcube which can be analyzed by SpendControl – the advanced analytics solution in Orpheus product portfolio. Either humans can explore the data with an expert frontend, as you will see in a moment, or so-called analysis BOTs, algorithmic programs can perform automated analysis savings potentials.

In both cases, the analytics generate tangible ideas for savings that can then be quantified and planned in the InitiativeTracker module. Your management can steer all savings initiatives with five degrees of implementation to ensure a) the completion of the initiative and b) that we can accurately measure the impact of individual initiatives on the bottom line.

More Videos

  • Category Management
    Increase data transparency with the help of the AI and the text mining method of the Orpheus DataCategorizer

  • Supplier Data Management
    Get more transparency into your supplier data, consolidate your suppliers into a hierarchical structure

  • Semantic Data Data Management
    Text-based material clustering, item classification and Linear Performance Pricing with Orpheus DataCategorizer

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