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Sourcing Release 13 Objectives Xeeva Sourcing Release 13.0 (R13) significantly improves the performance and usability of the system with a particular focus on making it easier to quickly define and execute tactical sourcing projects or events to rapidly realize savings. In particular, insights identified by Xeeva Spend Analytics can be directly actioned into Xeeva Sourcing as a new opportunity that the sourcing team can quicky act upon with minimal need for additional data input. In...
Expands capabilities around spend analytics, data enrichment, sourcing, and procurement, as well as underlying AI-powered XVA Platform; introduces new brand and solutions packaging MADISON HEIGHTS, MI, April 28, 2020 – Xeeva, the leader in indirect spend management solutions that optimize the entire procurement process, today announced that it has implemented significant enhancements across its solutions portfolio, enabling customers to address key challenges and experience rapid ROI throughout the full procurement process, beginning with the most comprehensive...
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...