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How AI is shaping the future of indirect procurement
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MADISON HEIGHTS, MI, April 22, 2020 – Xeeva, Inc., a global provider of AI-powered indirect spend management solutions, has announced that it was included on Spend Matters “50 Providers to Watch” list for 2020. Spend Matters releases its “50 Providers to Watch” list annually to recognize growing solution providers in the procurement and supply chain market. This list, now in its seventh year of publication, includes companies that are raising the bar and developing innovative products...
In an effort to help clients tackle critical challenges and experience quick ROI during the complete procurement process, Xeeva said it has put significant enhancements throughout its array of products into place. The indirect spend management company also rebranded its products and technology platform to better show its capabilities throughout sourcing, procurement, spend analytics and data enrichment, according to an announcement.
Most folks that don’t know e-procurement will think of it simply as purchasing necessary goods and services in the most cost-effective manner. However, what most don’t think about is the importance of the buying experience (much more than making it Amazon-like) and the specifics that go on behind the scenes. When using e-procurement for the P2P process, buyers (requesters) rely heavily on the accuracy of the catalogs to provide the most informed information. They also...