Get Value Fast
When presented with a data analysis challenge, the key is to get visibility quickly. Since Spendata's internal schema is fluid and maintained on-the-fly, there is no "database-y" setup or entity-relationship diagram required. Simply load the data (with Spendata's powerful Intelligent Loader) and identify columns and measures to dimensionalize and view. Nothing is carved in stone; you can delete the dimensions and Views any time you want, and create others. You can add related data and link it in on the fly (and link it on derived keys, not on raw fields which is seldom what you want). You have visibility into your data almost immediately.
Spendata solves a major structural problem with every database-oriented (or, by extension, BI-oriented) analysis solution — namely, the fact that any change to the structure of the database can easily obsolete every dependent analysis constructed by its user community. There are only two choices: either never change the structure of the database (not a possibility if you are doing any kind of real analysis), or force the user community to manually update their custom analyses (also an unreasonable requirement). With Spendata, your datasets can be refreshed with new data at any time without losing any of your analysis work. This gives you the best of both worlds — no disruption to your current processes, and all the power of Spendata to deliver the analysis flexibility you’ve been missing.
How about Spend Analysis?
If your dataset is a spend analysis dataset, i.e. an accounts payable data feed, then Spendata can build a standard spend cube for you, automatically, in minutes (watch our videos to see this in real time). Just answer a few questions, and Spendata will auto-family your vendors, auto-map your spending, and produce a working spend analysis cube while you watch.
Build a spend cube from scratch (2:14)
What if you already have a spend cube built internally or by a third party? Just load its data into Spendata. Our smart reverse-engineering algorithms will create new, easy-to-understand mapping rules that produce the same outcome as your old cube, but in a brand new Spendata cube. And then you can leverage Spendata's powerful mapping facilities and unsurpassed analysis capability without losing any of the work you've put into your old system.
How do spend cubes lose relevance and value?
- Your spend analysis system isn't doing any analysis — you're still dumping data to spreadsheets.
- Your spend analysis vendor has lost interest, left the business, or has been acquired and sidelined.
- You're spending a lot of money on data refreshes, and you're tired of it (you should be, most refreshes are easy).
- You hired a third party to help with a sourcing effort. They left you with a spend cube, but you've no idea how they mapped it or how to maintain it.
to recover the IP from the old cube and move forward.