March 10, 2020

Spend Analysis: Why haven’t we perfected AI-based classification yet?

By Patrick Chabannes

Well, unlike some industries where AI can completely replace human intervention, data classification is not a black and white, right or wrong process. There is context, variables and conditions that all have an effect on data classification.

Excellent question isn’t it! And the answer is that, and every Procurement practitioner know it too, there are too many interpretation on the same data coming from different business. Think about a shoe or a glove in Retail or Healthcare. 

So we dreamed about a nice, quick and easy tool but if AI can accelerate the process but human are still involved for a while….

Image from Modern analyst

Lectori salutem, AdC