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A SYSTEM AND A METHOD FOR SPEND ANALYSIS BY PROVIDING STRATEGIES FOR MINING SPEND INFORMATION.
A SYSTEM AND A METHOD FOR SPEND ANALYSIS BY PROVIDING STRATEGIES FOR MINING SPEND INFORMATION.
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机译:通过提供用于挖掘支出信息的策略来进行支出分析的系统和方法。
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摘要
The present invention introduces a system for spend analysis by providing strategies for mining spend information; the system analyzes classified spend data based on predetermined strategies to find out saving and compliance opportunity across category and supplier, these strategies are supplier payment based saving and compliance strategies i.e. Payment Term Rationalization and Supplier Payment Term Compliance; it further creates business constraints for data analysis; the system comprises of: a processor unit; and a computer readable medium storing instructions executable by the processor unit comprising: Input System adapted for entering pre-defined parameters, including but not restricted to information of spend data, category of spend data, information of supplier, payment term, type of contract, contract term, other parameters and business constraints; Strategy Selection System to select Spend Analysis Strategy from Spend Analysis Strategy System, adapted for analyzing classified spend data based on pre-determined savings and compliance strategies; Category/ Supplier Display System to display categories/ suppliers for user-defined spend data which are matching the default/ user-defined business constraints; the Category/ Supplier Display System is integrated with Classification System adapted for classifying spend data based on pre-defined parameters; and Output System adapted for displaying output for strategy being selected for a specific parameter.
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