General Electric has selected Zycus Inc.' automated UNSPSC classification engine, AutoClass, to drive company-wide adoption of UNSPSC and enhance spend analyses. The solution, available in real-time and batch classification modes, is designed for use by thousands of requisitioners across the company. In the Live Connect mode, AutoClass classifies all catalog and non-catalog purchases at the source, thus ensuring data integrity. GE users employ AutoClass daily to classify free text procurement requests. Results are received within seconds and assists in providing granular spend classification for GE's purchases. In the Batch Connect mode, AutoClass classifies historical purchase data or inventory data, thus providing ongoing insight into GE s spend landscape and increased inventory visibility. AutoClass is capable of integration with numerous purchasing systems like Oracle iProcurement, and XML punch-out sites. The solution's ability to handle multi-industry data is an added advantage given GE's diverse range and area of operations.
Zycus is a leader in Spend Data Management™ (SDM) with a compelling vision for enterprises who plan to transform their procurement organization and stay at the cutting edge of Supply Management. SDM is the foundation to cleanse, classify and enrich vendor, master and transactional data that powers on-going global spend analysis. Fortune 500 organizations such as General Electric, Dupont, 3M, Alcoa, US Federal Government Marketplace (GSA) and Unilever along with more than 35 Fortune 500 organizations have already implemented and experienced the power of Zycus software and solutions.
For media enquiries, contact:
Anurag Dixit
Director – Marketing, Spend Analysis Solutions
Zycus Inc.
Ph. +1 888 451 0145;
Email: anurag@zycus.com
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