Main Content
Faster, more accurate product and item classification, enabling improved spend analysis
The DataFlux Accelerator for Commodity Coding offers a faster way to enhance your product and item data — and create a foundation for spend analysis and MDM effort. DataFlux technology can match your product and item data with eCl@ss and UNSPSC classification codes, providing a standardized way to organize and segment information on spending patterns.
This Accelerator intelligently automates the process of appending standardized product codes onto the data that describes the parts, supplies and other materials your company purchases. The result is smoother and improved operations along your supply chain, improved relationships with your existing suppliers, and an increased ability to compete in new markets.
Features
Like all DataFlux technology components, the DataFlux Accelerator for Commodity Coding employs an intuitive interface that allows business users to drive the process of assigning data elements to inventory. The intuitive interface makes it simple to refine how your inventory and items match with standard classification schemes, driving improved profitability by giving you more insight into direct and indirect spend.
- Improve inventory and item data for better internal and supply chain management
- Append standardized product codes such as UNSPSC and eCl@ss
- Simplify spend analysis by correctly and universally coding inventory
Functionality
- Batch or real-time support
- Web-based match reviewer application
- Classification for eCl@ss and UNSPSC classification standards
- Configurable thresholds for scoring and match confirmation
- Multiple report output formats
- Customizable synonym, noise word and normalization tables
- Uses most of the major relational database systems for the reference database
- Reference database can learn from confirmed matches on subsequent commodity coding processes