Classify, harmonize, consolidate, improve, enrich, and structure procurement and finance data

Data Categorizer provides an innovative tool set to quickly perform spend categorization and supplier consolidation tasks. By applying machine learning and our expert know-how, we automate as many steps as possible in this process. A user-friendly front end helps the user create, validate, and browse their categorization and consolidation.

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See Data Categorizer in action

Data Categorizer is an AI-based framework that implements various functions for semantic data management, which improves the quality and structures of all kinds of procurement and finance data.

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the most valuable benefits

Orpheus, a McKinsey company - Create transparency down to line-item level

Create transparency down to line-item level

Solid data quality and spend visibility build the basis for meaningful analytics and greater impact. Data Categorizer provides a reliable data foundation for further analytical processing.

Orpheus, a McKinsey company - Create transparency down to line-item level

Create transparency down to line-item level

Solid data quality and spend visibility build the basis for meaningful analytics and greater impact. Data Categorizer provides a reliable data foundation for further analytical processing.

Orpheus, a McKinsey company - Consolidate and structure the supplier portfolio

Consolidate and structure the supplier portfolio

Data Categorizer identifies supplier duplicates and related providers, and creates a comprehensive four-level supplier hierarchy tree for accelerated negotiations and supplier bundling.

Orpheus, a McKinsey company - Consolidate and structure the supplier portfolio

Consolidate and structure the supplier portfolio

Data Categorizer identifies supplier duplicates and related providers, and creates a comprehensive four-level supplier hierarchy tree for accelerated negotiations and supplier bundling.

Orpheus, a McKinsey company - Gain category-specific analytical insights

Gain category-specific analytical insights

Data Categorizer analyzes transactional data, as well as master and material data, and provides category-specific insights into both direct and indirect categories for faster and more reliable decisions.

Orpheus, a McKinsey company - Gain category-specific analytical insights

Gain category-specific analytical insights

Data Categorizer analyzes transactional data, as well as master and material data, and provides category-specific insights into both direct and indirect categories for faster and more reliable decisions.

Orpheus, a McKinsey company - Prepare for benchmarking

Prepare for
benchmarking

By applying different AI methods, Data Categorizer’s cluster module enables reliable price and performance benchmarking as well as material-price trend forecasts.

Orpheus, a McKinsey company - Prepare for benchmarking

Prepare for
benchmarking

By applying different AI methods, Data Categorizer’s cluster module enables reliable price and performance benchmarking as well as material-price trend forecasts.

Orpheus, a McKinsey company - Improve quality of procurement data

Improve quality of procurement data

Data Categorizer enriches procurement data with external market data, additional supplier information, and indices in order to improve data quality and enable actionable insights.

Orpheus, a McKinsey company - Improve quality of procurement data

Improve quality of procurement data

Data Categorizer enriches procurement data with external market data, additional supplier information, and indices in order to improve data quality and enable actionable insights.

Orpheus, a McKinsey company - Lay a foundation for analytics automation

Lay a foundation for analytics automation

Data Categorizer lays the foundation for efficient and reliable automation of recurring analytical tasks in procurement, for purchase-to-pay and supplier relationship management processes.

Orpheus, a McKinsey company - Lay a foundation for analytics automation

Lay a foundation for analytics automation

Data Categorizer lays the foundation for efficient and reliable automation of recurring analytical tasks in procurement, for purchase-to-pay and supplier relationship management processes.

Would you like to learn more about how Orpheus solutions can help your organization?

Would you like to learn more about how Orpheus solutions can help your organization?

Key features of Data Categorizer

Orpheus, a McKinsey company - Data Categorizer
Sample Screen

Semi-automated classification of spend data

Making use of a sophisticated supplier knowledge base and proven AI methods, Data Categorizer automatically classifies newly fed-in data, sustainably.

Orpheus, a McKinsey company - Data Categorizer
Sample Screen

Recommendation assistant for categories and suppliers

Data Categorizer analyzes both direct and indirect spend, and helps the user find appropriate substitute suppliers or materials by providing sound recommendations.

Orpheus, a McKinsey company - Data Categorizer
Sample Screen

Cleansing, consolidation, and hierarchization of supplier data

By cleansing and consolidating all suppliers, Data Categorizer creates a reliable supplier tree without duplicates or overlaps to support supplier negotiation.

Orpheus, a McKinsey company - Data Categorizer
Sample Screen

Cleansing and enrichment of transactional and master data

Data Categorizer cleanses common purchasing data, including invoices and orders, as well as transactional and master data in order to create full transparency.

Orpheus, a McKinsey company - Data Categorizer
Sample Screen

Hierarchical clustering of identical and similar parts

An integrated clustering tool enables smart identification of similar or identical parts or materials to improve cost effectiveness and unlock savings opportunities.

Orpheus, a McKinsey company - Data Categorizer
Sample Screen

Data preparation for price and performance benchmarking

Only cleansed, validated, and reliable data reveals its added value and paves the way for data-driven decision making, advanced analytics, bots, benchmarks, and process automation.

Industries we serve

Orpheus, a McKinsey company - Industries - Retail and consumer goods

Retail and consumer goods

Tech companies and apparel and food manufacturers trust our solutions for procurement value capture, leveraging savings opportunities for data-driven decision making to surpass set targets.

Orpheus, a McKinsey company - Industries - Public sector

Public sector

Various clients from the public sector use our solutions for cost-transformation projects, savings identification, quality improvement, and fact-based strategy development.

Orpheus, a McKinsey company - Industries - Utilities

Utilities

Utility providers from across the globe use Orpheus tools to create spend visibility and generate unprecedented savings opportunities within services and maintenance, repairs, and operations categories.

Orpheus, a McKinsey company - Industries - Finance & Insurance

Finance & Insurance

Organizations from the financial and insurance sectors rely on our solutions to sustainably categorize their indirect spending, initiate category benchmarking, and identify savings opportunities.

Orpheus, a McKinsey company - Industries - Pharma

Pharma

We help life sciences and pharmaceutical organizations identify and utilize hidden savings potential within their globally dispersed procurement data streams in order to create actionable insights.

Orpheus, a McKinsey company - Industries - Manufacturing

Manufacturing

We have served automotive and machinery manufacturers around the world, supported large mergers in this sector, and identified crucial savings opportunities through procurement synergies.

Our Impact

Orpheus, a McKinsey company - Our Impact

Consumer Goods

Advanced Analytics & Performance Management

 
Orpheus, a McKinsey company - Our Impact

Pharma

AI & Advanced Analytics for M&A

 
Orpheus, a McKinsey company - Our Impact

More impact stories

Please contact us for further insight

 

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