Procurement Spend Classification, Done Right

Turn fragmented ERP and AP data into a clear, consistent, and actionable spend taxonomy.

Your Spend Data Is Only as Good as Its Classification

Misleading Reports?

When your classification system is flawed, your reports show a distorted picture of reality, leading to misguided strategic decisions and missed savings opportunities.

Shallow Dashboards?

Without proper categorisation, your dashboards lack depth and fail to reveal actionable insights, leaving you with surface-level information that doesn’t drive value.

Shaky Strategic Decisions?

Sourcing strategies built on poorly classified data are like houses on sand—unstable and prone to costly failures when put to the test in real-world scenarios.

You need one version of the truth.

Clean, normalised, and accurately classified spend data that you can trust completely.

Want to see it in action?

Clarity Comes When Spend Data is Structured

Here’s how

Data Collection

Secure integration with all your systems—ERP, AP, p-card, and contracts.

Transformation

Raw data becomes structured insights through our specialised processing.

Automation

Fully automated approach ensures consistency and eliminates manual errors.

Actionable Results

Structured taxonomy delivers procurement intelligence you can act on immediately.

Clarity Comes When Spend Data is Structured

Here’s how

Data Collection

Secure integration with all your systems—ERP, AP, p-card, and contracts.

Transformation

Raw data becomes structured insights through our specialised processing.

Automation

Fully automated approach ensures consistency and eliminates manual errors.

Actionable Results

Structured taxonomy delivers procurement intelligence you can act on immediately.

Trust Your Data Again

AI-powered categorisation

Our NLP clustering and LLM-based enrichment engines automatically recognize patterns and classify spend with unprecedented accuracy, even with incomplete descriptions.

Tailored taxonomies

Whether you need UNSPSC, industry-specific frameworks, or custom structures, we map your data to taxonomies that align perfectly with your strategic sourcing goals.

Human-in-the-loop review

Our expert analysts validate classifications for high-value or ambiguous transactions, ensuring accuracy where it matters most to your business outcomes.

95%+ first-pass accuracy

Our system consistently achieves over 95% classification accuracy on the first run, validated across Australian and global procurement datasets of all sizes.

Our Proven 5-Step Plan

Secure Data Ingestion

We connect to all your systems through secure APIs and extract data with enterprise-grade protection, ensuring complete visibility across your spending ecosystem.

Data Cleansing & Enrichment

Our proprietary algorithms standardise supplier names, harmonise GL codes, and create consistent unit mappings, eliminating the data chaos that hinders analysis.

Hierarchy Normalisation

We transform your disparate cost centers into a coherent organisational structure that aligns with your management reporting needs and decision-making processes.

AI Classification

Every line item gets automatically classified using our advanced machine learning models, trained specifically on procurement data to recognize complex spending patterns.

Dashboard Integration

Your newly structured data flows directly into intuitive dashboards, giving you real-time visibility and actionable spend intelligence across your organization.

Avoid the Guesswork

Time Wasted

Hours spent manually cleaning supplier names and debating category codes means less time for strategic analysis and value creation.

Misleading Reports

Incorrect classification leads to distorted spend analysis, making it impossible to identify true savings opportunities or risk exposure.

Lost Savings

When you can’t trust your spend data, negotiations lack leverage and category strategies miss the mark, leaving millions on the table.

Strategy Failures

Poor data classification undermines strategic decisions, leading to misaligned priorities and failed procurement initiatives

Ready to See What Clean Classification Looks Like?

Start with a 1:1 Session

Our experts will review your current classification challenges and demonstrate how quickly we can transform your spend data into a strategic asset.

Watch How It Works

See our taxonomy engine in action and discover how it aligns perfectly with your specific sourcing strategy and procurement objectives.

Quick Implementation

Get up and running in weeks, not months, with immediate value and ROI that grows as your clean data powers better procurement decisions.

Book Your Session Here

Why Purchasing Index?

20+

Years Experience

Decades of procurement analytics expertise across industries and organisation sizes, giving us unmatched insight into spend classification best practices.

95%

Classification Accuracy

Our proprietary automation delivers industry-leading first-pass accuracy, eliminating the manual rework that plagues other solutions.

100%

Procurement Focus

Our team lives and breathes procurement data. We’re fast, highly trained, and know exactly what “good” looks like. We understand your ERP systems, taxonomies, and unique sourcing challenges.