Revitalize Your Spend Cube — Convert it to Spendata
It doesn't matter who built your spend cube or how it was built. Just load its data into Spendata, and our smart algorithms will create new, easy-to-understand mapping rules that produce the same outcome as your old cube, but in a brand new Spendata cube.
How do spend cubes lose relevance and value?
- Your spend analysis system isn't living up to expectations, but there's no budget and no time to start over.
- Your spend analysis vendor has lost interest, left the business, or has been acquired by another company that has sidelined the old product.
- You're spending a lot of money on data refreshes, and you're tired of it — and you probably should be, because most refreshes are easy.
- You hired a third party to help with a sourcing effort. They left you with a spend cube, but you've no idea how they mapped it or how to maintain it, and now it's out-of-date.
We got tired of hearing these stories, so we built some very cool technology to help out. We call it "Reverse Engineering of Rules," or RER. It's pretty simple: you load your existing data into Spendata, and use our technology to deduce a new set of mapping rules based on your current mappings. Through RER, Spendata captures the IP baked into your existing cube, making it accessible to you, and making it easy for you to move forward and control your own destiny.
Why does RER work? It works because almost all spend cubes are built on indirect spending, and indirect spending can always be mapped to a high degree of accuracy using just Vendor, GL Code, and Item Description. Spendata figures out how to create mapping rules that mirror 100% (or nearly 100%) of your existing mappings, leaving you in control of those new rules. Your Spendata cube, unlike your old cube, now contains easy-to-understand mapping rules that you can maintain and enhance on your own.
It doesn't matter how your cube was mapped originally. Spendata doesn't care, and neither should you. Our technology creates solid rules that you can understand, leaving you in control. No more dependence on a third party, and no more mysteries around "why was this mapped here" or "why wasn't that mapped there."