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...

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...

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...