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AutoClass
 

An Artificial Intelligence (AI)
based commodity classification
software

Analytics
 

Provides visibility into an agency's spend & supplier-base

Spend Miner
 

Identifies savings opportunities by mining through item-level data

ETL
 

Data extraction & aggregation

   
 
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    ETL (Extraction, Transformation and Loading of Spend Data)
 

A federal agency may have multiple data sources from where it needs to aggregate data. A detailed spend data audit is required to list the number of systems from where relevant spend information can be extracted.

Some examples of data sources in federal agencies are

  • Federal Procurement Data Systems
  • Procurement Credit Cards
  • Suppliers
  • Inter-agency contract systems
  • General Ledgers
  • Acquisition Plans

The challenges in data aggregation can range from a simple extract from one procurement system to very complex mapping for organizations (such as DHS) where there has been a recent merger of several agencies under one large umbrella.

Data extraction and aggregation is carried out using standard industry tools available from companies such as Informatica or Ascential (now IBM). These tools plug into industry standard ERP systems and e-Procurement systems and pull data from different source files, mapping them into single common file format prior to loading on a spend cube. Normalization and mapping functions are carried out within these tools. In case of non-standard (proprietary systems), data extraction routines are written by Zycus partners (such as IBM), to facilitate data extraction and normalization prior to loading the data on a zycus spend cube.

 

 Tell me more about ETL

 
  Acquisition Spend Analysis Solution Components
  Zycus Software Tools/Products to enable automated repeatable Spend Analysis
Autoclass

An Artificial Intelligence (AI) based commodity classification software
Read More

 
ETL

Data extraction & aggregation
Read More

Analytics

Provides visibility into an agency's spend & supplier-base
Read More

 
Spend Miner

Identifies savings opportunities by mining through item-level data
Read More

 
UNSPSC for better
Spend Analysis
An insightful 40-page booklet on adopting global taxonomies for better Spend Analysis
Download
Spend Analysis-
Challenges for
Government Agencies
The Spend Analysis imperative for federal agencies - and how to do it right the first time, every time..
Download
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