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Insights from CPO Rising 2019: #ValueExpansion
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When it comes to running a successful business or organization, the bottom line is everything. That’s why keeping track of where the money goes after it leaves your organization’s wallet is paramount – but not always easy. With the help of artificial intelligence and machine learning, large businesses and companies can gain a better, uninhibited view of their financial profiles. Together, machine learning and spend data create a powerful blend of intelligent decision-making and, even...
Exploring strategies for enabling purchasing compliance across procurement processes Even for companies with strong procurement teams and the best of intentions, it is virtually impossible to stay 100% compliant with purchasing policies, budgets, and contracts across the entire organization. So many purchasing decisions are made on the fly and in real time, and even a small amount of spend slipping through the cracks in controls can have a large financial impact on an organization’s bottom...
Covers one-of-a-kind techniques for the enrichment of “imperfect” data with AI to drive massive savings for procurement organizations MADISON HEIGHTS, MI, January 22, 2019 – Xeeva, Inc., a global provider of intelligent procurement and sourcing software, announced today the issuance of a new patent (US10176427 B2) for its Virtual Data Manager capabilities. The patent incorporates functionality for rapidly enriching data records to improve both quality and consistency. Previously, Xeeva was granted multiple related AI patents...