Data Management

CONSOLIDATE, TRANSFORM, CLASSIFY, AND ENRICH YOUR DATA

Ignite Procurement - Data Management - Data consolidation

A single source of truth

Consolidate procurement data across all your businesses, ERPs, and data sources. No more barriers to utilize your data. A secure, single source of truth provides you and decision-makers with all the right data at the right time.

Security

Ignite Procurement - Data Management - Data cleaning

Enhance the value of your data

Intelligent data transformation and processing algorithms enable you to detect, correct and normalize inaccurate data, such as supplier normalization. More consistent data ensures higher data quality and added value for your business.

Ignite Procurement - Data Management - Data tagging

Automatic keyword and UNSPSC tagging

Utilize our built-in machine learning algorithms to standardize the products and services you are buying. If you have item-level data available, the solution can tag these automatically based on keywords and the United Nations Standard Products and Services (UNSPSC) taxonomy.

Ignite Procurement - Data Management - Data classification

Smart and flexible spend classification

Take advantage of the AI-driven engine for automatic spend classification or classify manually with drag-and-drop. Classify your data to spend categories, with the option to create additional custom hierarchies and taxonomies, such as addressable vs. non-addressable spend, ABC suppliers, and more.

Ignite Procurement - Data Management - Data enrichment

External data enrichment

Enrich your data with third-party data sources to get important additional perspectives. For example, financial information about your suppliers provides valuable insights on opportunities and risks.

Third-Party Sources

Ignite Procurement - Data Management - Combine datasets

Combine data from multiple datasets

Import and manage all your procurement data, such as spend, contracts, market data, or supplier information. Data blending and joining enable you to drive insights across the different data sources.

Ignite Procurement - Data Management - Data import

Integrate directly with data sources

Flawlessly integrate all your relevant data sources, such as ERP data, directly to the solution for real-time insights. Integrate through APIs, connectors, or periodic functions (e.g. SFTP). Manual data import is also supported, of course.

Data Integrations

Ignite Procurement - Data Management - User permissions

Manage users and permissions

Invite and manage your users in the solution. Tailor permissions to data and individual system objects based on users or their roles - all fully customizable.

Ignite Procurement can help you with more than just managing your data.