AI for Fusion Analytics Warehouse - Spend Prediction

Summary:

Spend Analytics Data points and driving factors.

Content (please ensure you mask any confidential information):

As AI features are growing, one AI feature in FAW (Fusion Analytics Warehouse) is to predict spend, based on past data. There are a few questions around this feature.

1. We know FAW uses Oracle Fusion Data. Can we use Spend Prediction only when we have Fusion Procurement or 3rd Party data can also be used for Spend Prediction assuming other setups in FAW are in place?
2. Is Spend classification setup required in order to use Spend Prediction or can we use it directly as well if Spend classification has not been defined?