Spend Management / SRM

The WAND Product and Service Taxonomy is the most granular horizontal product and service taxonomy in existence, making it the ideal classification system for any spend management or sourcing application.  The taxonomy is easily integrated into existing systems and existing data because it is mapped to all major alternate product and service classification systems such as UNSPSC, NAICS, HS, SIC, and any yellow pages heading system.   While other classification systems are strong in their coverage of certain verticals, only the WAND Taxonomy provides thorough coverage across all products and all services.