In my first column covering Oracle’s new Spend Classification product, I touched on a number of background elements about the solution. In today’s post, I’ll continue this examination, digging into how the tool works in practice (and in the final part of this series later in the week, I’ll explore how it compares to other classification solutions in the market). Let me say upfront that I’ve not spoken to any Oracle references as yet — none are available — nor did I ask to try out the product on a sample data set. In other words, please consider this analysis more of an initial — and hopefully informed reaction — to the solution rather than an in-depth study of the product that is substantiated, in part, by discussions with current users. This is an important distinction.
Articles in this series
- An Oracle of Spend Classification or Just Another Spend Tool? (Part 3)
- An Oracle of Spend Classification or Just Another Spend Tool? (Part 2)
- An Oracle of Spend Classification or Just Another Spend Tool? (Part 1)