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

Whitepaper Webinar Contact

 

 

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.

Want to see more?

Explore our other resources

 

 
Business Strategy

How to deliver world class procure-to-pay performance

According to research from The Hackett Group, accounts payable best performers operate with 62% lower costs per invoice than their peers. This indicates a significant opportunity for companies not considered best performers to make significant improvements to their operations. "AP best performers operate with 62% lower costs per invoice than their peers." Key Metrics to Determine Procure-to-Pay Process Efficiency Price per financial transaction basis Transactions per full time equivalent (FTE) Purchasing’s span of control The...

Read More
 
Blog

Pride Veteran Staffing + Xeeva Marketplace – Providing Value as a Woman & Veteran Owned Business

SUPPLIER SHOWCASE ALERT!!   This week on Supplier Showcase, Quinn Phelps, Supplier Partnerships and Success Manager for Xeeva Marketplace, interviewed Beth Firgau from Pride Veteran Staffing, one of our preferred marketplace suppliers.  You will learn about:  Providing Value to Customers as a Woman and Veteran Owned Business.  How do staffing companies provide long-term staffing options during COVID?  How does Pride Veteran Staffing provide value to its customers?  How Pride Veteran Staffing Provides Value to Customers in...

Read More
 
Sourcing

Strategic Sourcing and Supplier Engagement

Strategic sourcing:  A disciplined approach to supply market analysis that continuously improves and re-evaluates the purchasing activities of an organization. Strategic sourcing provides the best possible values in the marketplace to produce sustainable savings and reduce cycle times. Sourcing optimization starts from a diverse strategic perspective and usually takes the form of strategic decisions. It is important to identify untapped opportunities to improve vendor access and increase the value of each dollar spent. Drive benefits...

Read More