Eliminate rogue spend by bringing structure to free-text purchasing
Find Free-Text Data
Free-text (or non-catalog) spend is a significant hidden cost and risk in most organizations. It’s where maverick buying thrives and duplicate parts are born. MiLi’s Free-Text Monitor module highlights this problem by using your purchase order history to identify repetitive free-text spend. Our intuitive dashboard shows you exactly what’s being bought, by whom, and how often. More importantly, it provides a streamlined workflow to convert these repetitive purchases into cataloged materials, allowing you to get them under management, control your spend, and prevent the creation of duplicates.
Who can Benefits?
Procurement & Sourcing Leaders:
Gain visibility and control over your spend. Identify opportunities to consolidate suppliers, negotiate better pricing, and drive significant cost savings.
Category Managers:
Understand what’s really being bought in your categories. Use the data to identify opportunities for catalog expansion and to ensure your preferred supplier agreements are being utilized.
Material Master Data Stewards & Data Governance Teams:
Prevent the continuous creation of duplicate and poorly described materials. Use the Free-Text Monitor to proactively identify and catalog items before they become a data quality nightmare.
64%
Reduction in Free-Text Orders
20%
Improvement in stock accuracy
70%+
Catalog Adoption Rate
Automated Usage Analytics & Pattern Detection
MiLi automatically analyzes your PO history to identify and group repetitive free-text purchases.
With a single click, you can initiate the material creation process to get a repetitive free-text item properly cataloged.
Features you'll love
Interested in taking MiLi for a test drive?
See exactly what’s being bought, by whom, and from which suppliers in our easy-to-use dashboard.
Track your progress in reducing free-text spend and monitor your catalog adoption rates.