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

 

 
Release Highlight

Xeeva P2P Release Highlights 13.3 – March 2022

In our upcoming P2P update, Release 13.3, expected to be deployed in early April 2022, Xeeva introduces Public Catalogs. This feature expands a company’s access to supplier catalog items and adds another avenue to increase compliance by reducing spot buys and controlling maverick spend.    Similar to shopping at Amazon, this feature provides the user:   Access to Xeeva’s large network of suppliers at preferred unit pricing  Cross-catalog intelligent search  Searches for the requested product amongst hosted...

Read More
 
Sourcing

Strategic Sourcing by Managing Tail Spend, Maverick Spend, and Spot Buys

Procurement and purchasing activities and improved spend management have always been competitive factors for an enterprise. Managing key supplier relationships and costs contribute directly to bottom-line profits. Controlling indirect procurement spending can introduce various cost-saving opportunities and help organizations improve their operating costs. Three areas in which companies try to curtail their procurement and purchasing costs are reduction in spot buys, controlling the maverick spend, and managing tail spend. Each one can be optimized to...

Read More