Business Services Industry
Zycus AUTOCLASS 2.5 Software for Automated Spend Data Classification Receives 'Powered by SAP NetWeaver' Certification
Business Wire, May 17, 2005
BOSTON -- Certification Establishes That AUTOCLASS 2.5 Configuration Meets the Requirements for Connecting Business Process for Automated Data Classification to SAP NetWeaver Platform
Zycus Inc., leaders in Spend Data Management(TM), today announced at SAPPHIRE(R) '05 that its artificial intelligence-based auto-classification software (AutoClass) has received "Powered by SAP NetWeaver(TM)" certification from SAP AG. This certification establishes that AutoClass 2.5 is fully compatible with the SAP NetWeaver open integration and application platform.
Organizations running on the SAP(R) Web Application Server 6.20 and the SAP Enterprise Portal 6.0 components of SAP NetWeaver can now take advantage of new integration features, such as launching the product as iView software from the SAP Enterprise Portal.
"The certification is evidence of our commitment to the global SAP customer base," said Sandip Maiti, VP Marketing, Zycus. "It will help assure companies running SAP solutions that AutoClass was developed, tested and delivered according to SAP-approved guidelines.
"The advantage of AutoClass can be realized by customers using SAP Business Information Warehouse (SAP BW) as the platform for global spend analysis," added Sandip Maiti. "AutoClass, when used in conjunction with SAP BW, helps organizations set up an automated spend data management framework for consistent and accurate classification of millions of line-items of transactional spend data aggregated from dispersed source systems to granular schema (viz. UNSPSC, eClass). The classified data when loaded to any analytics tool can provide detailed visibility into enterprise-wide spending and can throw open an unbeatable competitive edge in procurement and sourcing intelligence."
About Zycus
Zycus is the leading provider of Spend Data Management(TM) (SDM) software suite -- designed to solve the data quality problems that result in poor spend visibility, ineffective purchasing compliance, and low adoption of eProcurement. SDM product suite consists of a set of software tools which can plug in with existing IT infrastructure like ERP, Data Warehouse, eProcurement applications etc. to provide automated spend/master data classification & enrichment. Zycus Spend Data Management(TM) has helped leading enterprises around the globe build end-to-end solutions across their existing IT infrastructure for: Detailed Spend Visibility, Purchasing Compliance, Item Master Enrichment, and Catalog Search. Fortune 500 organizations such as ABB, ADP, General Electric, P&O and Unilever have already implemented and experienced the power of these solutions. For more information log on to www.zycus.com.
(C) 2005 Zycus Inc. Zycus Spend Data Management (TM) is Zycus' trademark.
SAP, SAP NetWeaver, SAPPHIRE and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world.
All other trademarks, trade names, logos, brands if any, are used for identification purposes only and belong to their respective owners.
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article


