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Key features

The comprehensive and future-proof Nia Procurement Insights solution offers complete procurement spends visibility and intelligent analysis that equips procurement teams with enhanced decision making capabilities.

Efficient Data Management

Industry standard data models for transactions and master data, with data harmonization and normalization to enhance analytics

Automated Spend Classification

Best in class spends classification powered by “Auto-Classification” and augmented by additional manual “Rules”

Advanced Spend Analytics

Interactive dashboards supported by best-in-class visualization, with rich functional models and embedded intelligent insights

Guided Opportunity Analysis

Dynamic guided opportunity analysis for continuous identification and validation of improvement opportunities

Key benefits

Powered by ML and NLP, Nia Procurement Insights is designed to help organizations better manage their procurement spend

  • Enhanced compliance

  • Better risk management

  • Cost reduction

  • Continuous identification of improvement opportunities

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