Is your organization ready to take on indirect spend?

This quiz goes through some of the key procurement strategies and technology capabilities that you need to successfully tackle indirect spend. To get your grade – just answer the questions below, tally them up, and discover if your organization has what it takes.


IndirectSpendQuiz

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If you didn’t answer yes to everything, check out our educational whitepaper to learn more about integrating AI technology into your organization and see which vital procurement strategies you can implement to start driving results now.

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Press Release

AI-Powered Procurement Software Company Xeeva Receives New Artificial Intelligence Technology Patent

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...

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Webinar

On-Demand: The indirect procurement journey to visibility & savings

When it comes to indirect procurement, setting your organization up for success is a marathon, not a sprint. To reach the ultimate destination of spend under management and real-time visibility into where, what, and how your organization is spending money, consider creating a roadmap that’s broken out into smaller, more attainable steps. Doing so will help you ensure the right balance between addressing the tactical needs of your business and building the strategic foundation to...

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Sourcing

Supplier Rationalization

There are many challenges for achieving supplier rationalization and standardization. A typical tactic deployed by procurement organizations is trying to reduce the variety of similar items that the organization purchases. The reasons for this rationalization go beyond cost savings and can include: Supplier diversity initiatives Supply mitigation and management Going green Ultimately, standardizing is not as easy as it may first appear. Take, for example, an organization with multiple manufacturing plants, each of which buys tens of...

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