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How AI is shaping the future of indirect procurement
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Reflecting on the past couple weeks, I am enthusiastic about where Xeeva is and where we’re heading! You may have seen us in the news recently – here, here, here, and here (and many others) – because we had an amazing opportunity to raise capital and partner with PeakEquity Partners, Greenspring Associates, and Morgan Stanley Alternate Investment Partners to grow Xeeva and continue to define the future of procurement. If you haven’t seen the details...
1. New: Supplier Categorization Applies to Configurability Overall solution, Invisible to Supplier Requester, Buyer Associated reports Optional by Customer/Default: OFF Suppliers are Active/Valid or Inactive as before, if OFF A vital part of procurement is to channel spend towards strategic & key suppliers and to manage policy and compliance in accordance with supplier standing. With this enhancement suppliers can now be clustered into various (max 4 – see figure) customer-defined categories based on the level...
SOUTHFIELD, MI, November 18, 2020 – Xeeva, Inc., a global provider of indirect spend management solutions, today announced that it was selected as a finalist in the CPO Honors 2020 award for “Innovative Solution of the Year.” Coordinated by Ardent Partners, a supply management research and advisory firm, the CPO Honors awards were established in 2016 to celebrate the procurement industry and recognize excellence in the field. At the annual ceremony, Ardent Partners presents awards...