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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Version 13.4 of Xeeva’s P2P includes enhancements to Blanket Purchase Order, (BPO) and Amazon Level 2 (L2) Punchout.  Key enhancements to BPO will allow the buyer to:  Set auto-release for multiple lines   Search & add multiple BPO line items to set auto releases  Support for adding a Service Request, Material request, and Catalog item   In addition to being configurable from the Self Service module by an administrator, Amazon L2 Punchout will allow requesters...

As a procurement leader, you want to gain a deeper understanding of and visibility into enterprise spend. This starts with having operable data to set the foundation for your procurement optimization efforts. Leverage digital technology to achieve spend visibility and uncover intelligent insights that allow you to tap into savings opportunities of up to 20%, place up to 89% of spend under management, and ultimately evolve your indirect procurement function into a strategic source of...

Setting up systems to monitor supply risk management and supply chain visibility can preempt future performance issues that your organization may encounter. Predictive financial performance monitoring tools are often of value to companies monitoring the activities of their suppliers – indeed, recently one large global manufacturer was able to prepare for the impending bankruptcy of a major supplier due to their predictive analysis, indicating that the supplier was developing cash flow issues. Related: Supply risk...