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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Sourcing

Supplier Rationalization

There are many challenges for achieving supplier rationalization and standardization. A typical tactic deployed by procurement organizations is trying to reduce the variety of similar items that the organization purchases. The reasons for this rationalization go beyond cost savings and can include: Supplier diversity initiatives Supply mitigation and management Going green Ultimately, standardizing is not as easy as it may first appear. Take, for example, an organization with multiple manufacturing plants, each of which buys tens of...

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Procure-to-Pay

How to solve the problem of imperfect procurement data in automotive

If you work in indirect procurement, you’re definitely familiar with the problem of imperfect procurement data. Data that’s “imperfect” is unstructured, incomplete, or inaccurate, and is a result of any number of factors – including multiple ERP systems that don’t communicate with each other, widespread locations that operate independently, and people not following the correct process. When you have imperfect data, it’s impossible to accurately understand how your organization is doing or discover ways you...

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Award

APAC Business Headlines Nominates Xeeva as One of the “10 Most Advanced Spend Management Solutions Providers”

SOUTHFIELD, MI, December 31, 2020 – Xeeva, Inc., a global provider of data-driven spend management solutions, announced today that it was included on the 2020 “10 Most Advanced Spend Management Solutions Providers” list by APAC Business Headlines. APAC Business Headlines seeks out companies with the best and most reliable technologies and business solutions. This list compiles spend management solution providers that are making a difference for companies around the world. Xeeva was selected to be...

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