DataFlux Unveils Technology Designed to Reduce Purchasing Costs

DataFlux, a leading provider of data quality and data integration solutions, today announced the general availability of the DataFlux® Accelerator for Spend Analysis. Built on the industry-leading DataFlux data quality platform, the Accelerator automates the process of standardizing, classifying and aggregating data to help organizations make sense of procurement information.

Businesses looking to improve their spending efficiencies must reduce administrative time, standardize processes and compress sourcing and procurement cycles, thereby minimizing redundancies and reducing spend. A key element of this is understanding how much money is spent on each product with each supplier for both direct and indirect purchases.

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