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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Whitepaper

Solving automotive’s biggest indirect procurement problems

Due to its complex and fragmented nature, indirect procurement can be difficult to manage. When you factor in the automotive industry’s specific set of demands, it becomes even more convoluted. This can be frustrating, but you don’t have to accept the status quo! Read this whitepaper to find out what the biggest indirect procurement problems in automotive are and how they can be solved with advanced tech. What you’ll learn: Reasons why indirect procurement in...

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Press Release

Xeeva Acquires Ann Arbor, Michigan Based Kontextual, Inc.

MADISON HEIGHTS, MI, December 11, 2014 – Xeeva, Inc., a global provider of next generation, intelligent procurement solutions, today announced that it has acquired Kontextual, Inc., an innovator in social business software. Kontextual was created to help companies build transparent, metric-driven cultures through its platform that combines personalized dashboards, collaboration spaces, and 24/7 virtual status meetings to make it easy to share information across the enterprise. Together with Xeeva’s source to pay technology, the Kontextual...

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Procure-to-Pay

Spend Under Management Part 2 of 4

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...

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