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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SOUTHFIELD, MI, January 7, 2021 – Xeeva, Inc., a global provider of award-winning AI-powered procurement solutions, announced today that it was awarded “Best Emerging Procurement AI Software Company” by Corporate Vision Magazine. This award is part of the magazine’s 2020 Corporate Excellence Awards, which showcases companies that provide the very best products and services to clients across a wide range of industries. Nominees are committed to innovation and business growth and are assessed against multiple criteria,...

Setting up systems to monitor supply risk management and supply chain visibility can preempt future performance issues that your organization may encounter. Predictive financial performance monitoring tools are often of value to companies monitoring the activities of their suppliers – indeed, recently one large global manufacturer was able to prepare for the impending bankruptcy of a major supplier due to their predictive analysis, indicating that the supplier was developing cash flow issues. Related: Supply risk...

Ever wonder why many companies view indirect procurement as a non-strategic back office function? Maybe it’s that indirect practitioners often focus too narrowly on measuring cost savings from indirect spend sourcing initiatives and lose sight of how those initiatives impact core financial metrics such as total cost of ownership (TCO), operating profit, working capital, and cash flow, among others. Therefore, adopting a well-structured indirect spend management framework that establishes that connection can bring real value...