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

Xeeva wins the “Outstanding Procurement Solution Provider” award at the 7th Edition of ISM INDIA Forum & Awards 2022

Southfield, MI –  Xeeva, a leader in AI-powered spend management and procurement software serving hundreds of locations and enterprises worldwide is excited to announce that we have won the “Outstanding Procurement Solution Provider” Award at the 7th Edition of ISM INDIA Forum & Awards 2022 held in Mumbai.   The Award recognizes solution providers who work closely with individual customers, thereby providing quality customer service, high value for money & positive client feedback. This category...

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Whitepaper

The procurement leader’s guide to tackling indirect spend

A playbook for finding savings and expanding value Despite the fact that it can make up as much as 15% of the annual revenue for most businesses, indirect spend is often viewed as merely a back-office function. What’s more, ignoring indirect spend could lead to missing out on its hidden savings potential. In this guide, procurement leaders will discover how to optimize indirect spend in order to impact their organization’s bottom line. What you’ll learn:...

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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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