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Summary of Procure-to-Pay Release 13 (R13) Xeeva Procure-to-Pay (P2P) R13’s main focus is to make the system flexible and intuitive to operate with a contemporary design. With R13, we’re introducing a guided buying experience for requesters, which provides a smart and easy-to-use interface for users to create any type of procurement request. These actions can include catalog buying, spot buys, service requests, and guided non-catalog requests, as well as leveraging other buying channels like quick...
In contrast to direct procurement, indirect spend includes everything that goes into running a business that isn’t directly tied to the end product, such as maintenance, repairs, and operations (MRO), marketing, facilities, consumables, fleet, freight, travel and IT. Although it can make up as much as 50% of a company’s total purchases, it doesn’t often get the attention it should. The problem with ignoring indirect spend, however, is that you could be missing out on...
1. New: Supplier Categorization Applies to Configurability Overall solution, Invisible to Supplier Requester, Buyer Associated reports Optional by Customer/Default: OFF Suppliers are Active/Valid or Inactive as before, if OFF A vital part of procurement is to channel spend towards strategic & key suppliers and to manage policy and compliance in accordance with supplier standing. With this enhancement suppliers can now be clustered into various (max 4 – see figure) customer-defined categories based on the level...