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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Release Highlight

Release Highlight 12.0 – February 2020

SPEND ANALYTICS 1. New: Automated Insights The system now automatically generates a range of targeted Insights identifying actionable savings opportunities.  Each Insight includes an estimated potential Savings amount calculated from the spend data and are grouped into opportunity Types according to the next best action users can take to drive savings, and are supported by the underlying data that defines the Insight, typically at the individual items level. 1.1. Insight Confidence Level The Insights are...

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The industry is flooded with numerous software solutions, and it is not easy to select the best tools to serve your business needs. Choosing the right solution is a critical decision and knowing your criteria before getting too deep in decision making is a huge benefit. Here’s a 5-Step Approach on how to choose a software package for your business.  1. Business Roadmap:   Once the business owner decides the roadmap of the business, the market, and the target customers, how the business solution is going to impact...

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Release Highlight

Xeeva Spend Analytics Release Highlights 14.3 – August 2022

Xeeva continues to enhance Spend Analytics by focusing on highlighting key spend trends and insights with intelligent alerts.    In the upcoming 14.3 release of Xeeva Spend Analytics, customers will see minor enhancements and bug fixes including:  Enhancements to Intelligent Alerts   The Non-contracted spend alert highlighting the spot buys will now also display the spend trend line for better comparison Implementation of drill down in the Item heat chart   Drill down will allow the user...

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