RevCaptureAI

Enhanced company-wide spend visibility, 25% supplier compression, and 99.5% spend classification

Key Challenges
The client, a leading pharmaceutical provider, faced significant challenges in managing spend across 50+ data sources. Without a centralized view, consolidating company-wide spend required extensive manual effort. Supplier name inconsistencies across multiple ERP systems further complicated tracking total spend. They needed a solution to monitor spend metrics by supplier and category over time and assess purchasing leverage based on supply base fragmentation.
Our Solutions in Action
Daitrix’s pre-built AI and ML solution executed the following for spend data across 50 data sources: Data Validation, Data Cleansing and Consolidation, Vendor Clustering and Parenting, Spend Classification, Application of Abbott Laboratories Feedback, Data Extraction and Delimited Text File Delivery.
Business Impact
35%
supplier compression leading to higher negotiating leverage
99.5%
spend classified for better visibility
Company-wide view of spend across all business units and locations
35%
supplier compression leading to higher negotiating leverage
99.5%
spend classified for better visibility
Company-wide view of spend across all business units and locations