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e-Three Oracle Spend Visibility

Consolidating data from disparate systems into clearly categorised spend information is a significant challenge.  But with it, organisations can dramatically improve procurement decisions and achieve ongoing savings through contract compliance and opportunity identification.

e-Three undertakes this challenge using a combination of Oracle technology and specialised data analysis resources:

  • Data is collected and aggregated into a single file.
  • Data is loaded into Oracle Classification, a data tool that analyses millions of line items and classifies each line to predefined taxonomy.
  • Data anomalies are reviewed and fixed by the e-Three data team.
  • Results are present through Oracle Procurement Spend Analytics which run detailed user defined searches and reports.

Outcomes:

  • Comprehensive visibility of where money is being spent.
  • Potential savings opportunities highlighted.
  • Common Spend Taxonomy.
  • Reduced maverick buying.