Gained complete spend visibility with realized savings of $2M in one fiscal year and 99% spend categorization
The client is a leading agricultural cooperative that needed insights into company-wide direct and indirect spend. There was no centralized procurement function across more than 20 offices and five different systems.
ElectrifAi solution realized spend visibility from 4 data sources through: Data Validation, Data Cleansing and Consolidation, Vendor Clustering and Parenting, Spend Classification, Data Extraction and Upload to Spend Analysis platform (EIQ)
ElectrifAi drives rapid business value for the C-suite through pre-built Machine Learning and NLP solutions for the modern data stack. We call this Consequential Ai! Our solutions boost revenue growth and ROI, reduce costs and risks, and improve operational efficiency for global enterprises. We harness the power of data to help our clients cover their Last Mile in just 6-8 weeks.