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How SpendCraft Worksstar

SpendCraft, powered by the advanced Crafter platform, is revolutionizing the way organizations manage their spending. Transforming Spend Management with Next-Gen AI

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Data Normalization

iconOur process kicks off with automated data normalization, where SpendCraft’s sophisticated algorithms cleanse and normalize your vendor and item data with precision.

iconThis ensures consistent, reliable data ready for accurate classification,eliminating manual effort while reducing errors.

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AI-Powered Training Data Generation

iconNext, SpendCraft harnesses advanced AI agents based on Generative AI and large language models to automatically generate training datasets.

iconThese AI agents analyze your existing data, creating comprehensive training datasets crucial for precise classification.

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Self-Service Classification

iconWith normalized data and generated training datasets, SpendCraft empowers you with a self-service classification tool. Our intuitive platform allows users to classify spending data effortlessly.

iconWhether you're an analyst or a business user, SpendCraft’s user- friendly interface makes spend classification straightforward and

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Flexible Taxonomy

iconSpendCraft’s flexible approach to taxonomy ensures our product adapts seamlessly to your organization’s needs.

iconWhether you have an established taxonomy or need a more adaptable system, SpendCraft supports both predefined and flexible taxonomies, ensuring alignment with your organizational structure and goals.

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Unleash the Power of SpendCraft

iconAt SpendCraft, we’re redefining what’s possible in spend management.

iconHarness the power of advanced AI and automation with SpendCraft, and set a new standard for spend management.

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Experience the future star

Experience the power of automated training dataset generation and self- service classification, powered by the advanced Crafter platform.

Spend Craft Roadmap

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Sep 2024

Release #01:

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File Uploads & Downloads

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Pre-Built Analytics

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Self-Service

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Automated Normalization

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Automated Training Data

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Level 3 & 4

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Taxonomy updates

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End of 2024

Release #02:

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Fraud Detection

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Savings Opportunities

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Oracle & Workday Integrations

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Bring Your Own Taxonomy

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Enhanced Data Normalization

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2025

Release #03:

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Enhanced Fraud Detection

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Self-Service Analytics

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Purchasing Analytics

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Netsuite, SAP Integration

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Additional Reports