Is your organization ready to take on indirect spend?

This quiz goes through some of the key procurement strategies and technology capabilities that you need to successfully tackle indirect spend. To get your grade – just answer the questions below, tally them up, and discover if your organization has what it takes.


IndirectSpendQuiz

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If you didn’t answer yes to everything, check out our educational whitepaper to learn more about integrating AI technology into your organization and see which vital procurement strategies you can implement to start driving results now.

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We recently held a webinar featuring Hugo Evans, Vice President at A.T. Kearney, Vikas Shah, our SVP of Growth & Business Development, and Marisa Pierron, our Customer Success Manager, in which they discussed the impact that emerging technologies are having on procurement. Watch the full webinar to learn more, but for a sneak peek, check out this short clip or read the transcript below!   VIKAS: How do you see emerging technology changing the landscape of...

MADISON HEIGHTS, MI, January 15, 2016 – Xeeva, Inc., a global provider of next generation, intelligent procurement solutions, today announced that it has acquired ProcurePack, a cloud-based e-procurement and vendor relationship management solution. Together with Xeeva’s full technology suite, ProcurePack adds strategic functionality and integrative enhancements in supplier selection, auctions, raising POs, and executing contracts. Acquiring this technology provides significant value in visibility and collaboration between procurement, finance, and other key stakeholders in the procurement...

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...