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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SOUTHFIELD, MI, January 6, 2022 – Xeeva, a leader in AI-powered spend management and procurement software serving hundreds of locations and enterprises worldwide, is excited to announce the launch of XpressBUY, an easy-to-use purchasing software connecting customers to Xeeva Marketplace Suppliers for quick and easy purchasing and bottom-line savings, eliminating the cumbersome RFx process. With an expedited 2-week implementation, users gain access to a pre-configured, ready-to-use solution delivered with Xeeva verified suppliers through Xeeva Marketplace,...

Procurement 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 spend can introduce various cost-saving opportunities and help organizations improve their operating costs. Three areas in which companies try to curtail spend management are reduction in spot buys, controlling maverick spend, and managing tail spend. Each one can be optimized to yield better results for organizations, and having...

In 2019, a primary focus for many procurement organizations is finding new sources of value. This will be largely driven by innovative approaches, as most of the quick and easy wins have already been identified. This section of the CPO Rising 2019 report dives into recommended strategies and approaches for CPOs and procurement departments to improve their operations & get better results. What you’ll learn: Why it's important for procurement to lead the way when it comes...