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The indirect procurement journey to visibility & savings

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The supplier is a third-party vendor that provides goods, materials, and services to your organization. It seems obvious to choose the suppliers that are cost-efficient and easy to work with – however, with the growth of technology and global economies of scale, organizations are spoiled by having so many suppliers available in the market. It can be hard to choose the best supplier to fit your needs, and at the same time, one supplier may...

At Xeeva, we know that our customers’ success in using our products is vital for our success. So when it comes to product releases, we want to make sure that those who use our spend management software are in the know and properly prepared for any upgrades that may occur. In this blog, we’ve laid out some of our most frequently asked questions around product release upgrades to help our customers have a better understanding...

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...