PRINCETON, N.J., July 6 /PRNewswire/ -- Zycus Inc., leaders in Spend Data Management, today announced that Air Force Nonappropriated Fund Purchasing Office (AFNAFPO) has selected Zycus AutoClass Software, as an infrastructure tool for automated classification of their Spend Data.
In a project that is planned to be rolled out in phases, AFNAFPO has set the goal to achieve detailed spend visibility and analysis by improved categorization of Non Appropriated Funds (NAF) purchases.
"Automated categorization of the product and services data within the system to UNSPSC standards will provide the much needed spend visibility that AFNAFPO is seeking today," commented Sandip Maiti, VP - Marketing for Zycus Inc. "Quality Spend Data is the foundation for any procurement transformation initiative; we are glad that AFNAFPO is leading with a vision to pursue an automated software based solution for their Spend Analysis initiative," he added.
Zycus Spend Data Management(TM) is Zycus' trademark.
About AFNAFPO
The Air Force Nonappropriated Fund Purchasing Office (AFNAFPO) was established in February 1973 as a central non appropriated fund purchasing function in support of NAF activities worldwide. As part of the Air Force Services Agency, the AFNAFPO is dedicated to supporting Air Force readiness and mission accomplishment by providing corporate purchasing programs in support of activities that stimulate physical fitness, community cohesion, family well-being, and quality of life. The AFNAFPO is responsible for purchasing support to over 3000 DoD activities worldwide through the Commander's Smart Buy Program (CSBP). The CSBP is the trade name representing all purchasing programs initiated and managed by the AFNAFPO. For more information log on to http://www.afnafpo.com/
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 http://www.zycus.com/
Website: http://www.zycus.com/