Have you ever wanted to clone your best buyer – essentially having an assembly line that could replicate what makes that buyer amazing and being able to watch as your procurement process improves with best practices, tools, and streamlined processes in place?

In this helpful infographic, you’ll see how your organization could benefit from implementing an AI-powered procurement and sourcing software to tackle procurement challenges and get immediate results. Check out the fun infographic to find out what goes into cloning your very best buyer so you can have clarity and control over projects, greater cost savings, and a business strategy that productively impacts your bottom line.

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MADISON HEIGHTS, MI, November 16, 2018 – Xeeva, Inc., a global provider of AI-powered procurement and sourcing software, announced today that it won the runner-up award for “Outstanding Solution Provider” at the 2018 ISM CPO Forum Awards in India for the second year in a row. Focused on recognizing procurement excellence, this was the sixth annual CPO Forum Awards held by ISM. This year’s two-day conference, held in Mumbai, had the theme of the digital...

In our last post. we discussed adopting spend under management (SUM) and the first of five principles. Here are the other four: 2) Purchase through a formalized requisition to purchase order approval process. The purchasing processes of an organization should be governed by policies and procedures that are complete and enforced universally. Simply having them in place is a starting point but the key issue is enforcement. Are all the spend areas incorporated? Does my...

How many clients with indirect spend do we run across that conduct strategic sourcing, develop pre-negotiated contracts, and implement savings plans that can’t get those savings flow to the bottom line?  Answer: all of them. Related: Supply risk defined in supplier relationship management When it comes to locking in cost reductions from hard-fought sourcing engagements, companies don't just identify opportunities, but rather they implement savings. Here are 5 tactics to drive compliance and benefits to...