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Digital transformation’s effect on maverick spend
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Are your finance operations bogged down in paper and invoice processing delays? Today, as we pause to consider Earth Day, one way that procurement and finance organizations can make a positive impact on conservation and waste reduction is to move to eInvoicing, or paperless invoicing. According to research from Hackett Group, SharedServicesLink.com and others, large organizations process over 10,000 invoices annually per A/P FTE. This is a massive amount of paper. In real terms: 10,000...
Do you have an idea for improving the Xeeva platform? Read below to see how to submit your ideas and what happens next! What is an Enhancement Request? An Enhancement Request is a suggestion for an improvement or change to the existing solution. It is not a request to fix a 'a “bug” (something broken that is supposed to be working). Enhancement Requests can come from a variety of sources, such as a support ticket...
Last month, we examined the current constraints on procurement today and discovered that data spend quality is an issue that’s holding organizations back. Digging in further, we found that spend classification is a big factor affecting organizations’ abilities to get high-quality data. The reality is you don’t know what you’re actually spending in each category.