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Can’t stop the bleeding? Ways to identify & prevent spend leakage in procurement
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{MSL – Continuing from R14.1, Xeeva builds on Intelligent Opportunities by introducing}Spend Analytics version 14.2 features Intelligent Alerts as part of Xeeva’s commitment to Better Data, Better Insights, and Better outcomes. Xeeva continues to utilize intelligence throughout the procurement process. With our upcoming release of Xeeva Spend Analytics, customers will see AI/ML computed Intelligent Alerts. When spend data is curated after each data refresh, our machine learning algorithms generate alerts and notifications along with intelligent opportunities. These...
A competitive analysis on Xeeva is difficult because the source-to-pay provider doesn’t just compete against the handful of players trying to bring machine learning and AI to the S2P space. It also takes on all of the traditional source-to-pay vendors who offer modern sourcing experiences, especially if they are augmented with market intelligence, best practices, community intelligence or other modern “guided” capabilities that can help a buyer make a better decision. That’s basically what buyers...
With the advent of SaaS applications, companies have been able to take advantage of quick implementations and a short time to value. However, exchanging data among a new SaaS application with other SaaS and on-premise applications is sometimes an afterthought. This is especially common when a business unit decides to use a cloud software application to solve an urgent business problem without a representative from IT involved. Connecting IT systems properly for the exchange of...