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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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...

So now that you know what spend under management (SUM) is, how would you go about adopting such a framework? SUM is built on creating a partnership between indirect procurement and operations along five key operating principles across sourcing, contracting, buying, and spend decision-making. At its foundation is executive leadership with joint operating targets established between indirect procurement and the operating groups they support. The actual SUM model measures the maturity of the organization across...

As a new Xeeva Spend Analytics customer is being onboarded, we often get asked “what happens to my spend data?” After the hard work of collecting all the details has been done and a complete data set has been handed over to the Xeeva team for processing, it’s common for you to wonder what exactly we’re doing with your data. You may hear that it could take several weeks to organize, cleanse, and categorize your...