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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...
As a new Xeeva Spend Analytics customer is being onboarded, we often get asked “what happens to my spend data?” After the hard work of collecting all the details has been done and a complete data set has been handed over to the Xeeva team for processing, it’s common for you to wonder what exactly we’re doing with your data. You may hear that it could take several weeks to organize, cleanse, and categorize your...
In Gartner’s recent annual report, they discuss their predictions as to what will have a great impact on procurement and sourcing technology in the coming year and how the market will change over time. One thing that is definitely clear – the procurement and sourcing market is evolving quickly as technology continues to advance. The summary of the report suggests that CPOs, IT leaders, and procurement organizations need to “plan for the impact of virtual...