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MADISON HEIGHTS, MI, September 10, 2018 – Xeeva, Inc., a global provider of award-winning AI-powered procurement software, announced today that it has been named one of CIO Bulletin’s “30 Most Innovative Companies” for 2018. CIO Bulletin compiles its annual list of the top 30 companies whose products and solutions are driving innovation in business. Xeeva was chosen due to their advanced AI-powered procurement software that helps companies gain greater visibility into their spend data, identify...
SPEND ANALYTICS 1. New: Automated Insights The system now automatically generates a range of targeted Insights identifying actionable savings opportunities. Each Insight includes an estimated potential Savings amount calculated from the spend data and are grouped into opportunity Types according to the next best action users can take to drive savings, and are supported by the underlying data that defines the Insight, typically at the individual items level. 1.1. Insight Confidence Level The Insights are...
This year’s OESA annual conference began with Julie Fream, OESA’s CEO and president, reviewing the event theme: “Transform. Innovate. Lead.” She warned that the automotive industry is transforming and if you don’t follow suit, you risk getting left behind. This message was further relayed throughout the day when Neil Boehm, VP of engineering at Gentex said, “you have to change with the times or you won’t exist,” when discussing the impact of new technology. The...