“Other” is the Enemy of Procurement

How much is spend classified as “Other” costing your enterprise?

Spend is frequently entered as “other” when the correct classification is unknown or to hide transactions in a restricted budget. Regardless of motivation, this represents a black hole in spend data compromising the integrity of spend analytics. This white paper explores a new class of radically better classification / categorization tools that are making it possible to classify the most difficult spend with human guided machine learning.

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Free white paper, compliments of Tamr