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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Webinar

On-Demand: Digital transformation’s effect on maverick spend

Reducing maverick spend is one of procurement's biggest challenges. Luckily, digital transformation is happening. Specifically, advanced technology has the potential to solve this and many other procurement problems. Want to find out how? Watch our webinar featuring Institute for Supply Management’s (ISM) Managing Director of Global Operations, Lane Burkitt, and our Chief Strategy Officer, Steve Griffiths! What you’ll learn Why maverick spend is a problem for procurement organizations Ways that emerging technologies can reduce maverick...

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Press Release

Xeeva Launches Standard Integration with PLEX ERP

SOUTHFIELD, MI – Xeeva, a leader in AI-powered spend management and procurement solutions serving hundreds of locations and enterprises worldwide, is excited to announce real-time integration with Plex ERP. With this integration, Purchase Order (PO) data from Xeeva’s P2P application is instantly sent to Plex ERP to create POs, receive PO status updates, and communicate with business users as well as suppliers.  Today, modules within P2P and enterprise-wide applications are faced with complex interfaces, and...

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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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