UNSPSC Data Classification Services

The United Nations Standard Products and Services' Code is an open, cross-sector and global standard for classification of products and services. It helps in better spending analysis, procuring goods in a cost-effective manner and tapping the utmost potential of eCommerce opportunities.

The taxonomy consists of 4 levels- Segment, Family, Class and Commodity, coded as an 8-digit number, each level presenting 2 bits. There is an optional fifth level that adds 2 more digits to the code.

SunTec’s UNSPSC Data classification services help to penetrate product classification right at its foundational level. Our experts help in preparing organized information pertaining to what type of materials you buy and in what quantity and other related details to help you analyse, plan and forecast what you spend. As a bigger picture, our UNSPSC Coding Services help in adding significant value to your business by considerably enhancing the health of your financial decisions.

Better Spending Analysis

Effective products and services procurement aids in monitoring your ROI thereby guiding your future transactions.

Easy Catalog Searches

A structured classification makes it easier to identify which product needs to be requisitioned. In this way, the procurement process becomes simplified.

Expand Scope for New Opportunities

A rigorous data classification helps in ensuring cost-savings thereby paving way for a host of new opportunities like eCommerce and spend management systems.

Our Data Classification Lifecycle

Our UNSPSC data classification services help in adding significant value to your data. Our data classification experts deploy the UNSPSC code in two folds-

Conduct a rigorous web-based search of supplier's products or services.

Based on the description of the products/ services, we assign the UNSPSC code to the lowest possible level.

While allotting codes, we abide by the latest version of the code set to ensure that your data gets classified in accordance with the latest updates. At SunTec, we undertake the expenditure analysis at grouping levels pertinent to your business needs.

Why Choose SunTec?

When you avail UNSPSC Data Classification Services from SunTec, you get actionable information to help you with informed business decisions and enhanced efficiency. We untangle various complexities to optimize your spend management by categorizing your crucial business data using a universal standard.

By implementing the UNSPSC code, we not only aid in ensuring accuracy of data but speed up your business cycle thereby fuelling your efficiency.