On-Demand Webinar
Digital transformation’s effect on maverick spend
Want to see more?
Explore our other resources
Technology innovations, especially those driven by advancements in consumer buying, social technology, and big data management, can now be applied to pull together the complex web of suppliers, intangible deliverables, and inconsistent pricing and processes of indirect spend. These readily available technologies can meaningfully simplify the buying experience while optimizing other aspects of indirect spend cost such as supplier fees, terms and conditions, performance specifications, and performance management. If executed correctly, optimizing indirect spend adds...
MADISON HEIGHTS, MI, October 4, 2017 – Xeeva, Inc., a global provider of intelligent procurement and sourcing solutions, announced today that they received an award from Insights Success Magazine for being one of “The 10 Most Innovative Procurement Solution Providers” in 2017. The listing was compiled by Insights Success Magazine to highlight ten of the top groundbreaking companies that offer procurement solutions. Xeeva was selected because their software offers advanced procurement strategies that help organizations optimize...
According to research from The Hackett Group, accounts payable best performers operate with 62% lower costs per invoice than their peers. This indicates a significant opportunity for companies not considered best performers to make significant improvements to their operations. "AP best performers operate with 62% lower costs per invoice than their peers." Key Metrics to Determine Procure-to-Pay Process Efficiency Price per financial transaction basis Transactions per full time equivalent (FTE) Purchasing’s span of control The...