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Decisions, goals, and opportunities are all part of any journey. The path you take to reach each of those is important. What matters more though is where you start. That’s what determines if you will make it or not. Every part of life has a foundation that without, it would come crumbling down. For people, it’s oxygen. For cell phones, it’s a charged battery. If either of those were taken away, how long would you...
Exploring strategies for enabling purchasing compliance across procurement processes Even for companies with strong procurement teams and the best of intentions, it is virtually impossible to stay 100% compliant with purchasing policies, budgets, and contracts across the entire organization. So many purchasing decisions are made on the fly and in real time, and even a small amount of spend slipping through the cracks in controls can have a large financial impact on an organization’s bottom...
The procurement and sourcing software firm Xeeva has announced an investment of more than $40mn led by PeakEquity Partners that it says will promote AI as “the future of procurement”.