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Procurement activities and improved spend management have always been competitive factors for an enterprise. Managing key supplier relationships and costs contribute directly to bottom-line profits. Controlling indirect spend can introduce various cost-saving opportunities and help organizations improve their operating costs. Three areas in which companies try to curtail spend management are reduction in spot buys, controlling maverick spend, and managing tail spend. Each one can be optimized to yield better results for organizations, and having...
MADISON HEIGHTS, MI, September 21, 2017 – Xeeva, Inc., a global provider of intelligent, award-winning procurement software, announced today that they won the runner-up award for "Outstanding Solution Providers" at the 2017 ISM CPO Forum Awards in India. The annual CPO Forum Awards was a two-day conference held in Mumbai, India that focused on the journey towards procurement excellence and reshaping procurement organizations and their capabilities to tackle the challenges and opportunities of the growing digital...
With the advent of SaaS applications, companies have been able to take advantage of quick implementations and a short time to value. However, exchanging data among a new SaaS application with other SaaS and on-premise applications is sometimes an afterthought. This is especially common when a business unit decides to use a cloud software application to solve an urgent business problem without a representative from IT involved. Connecting IT systems properly for the exchange of...