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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P2P Catalogs and E-procurement

Most folks that don’t know e-procurement will think of it simply as purchasing necessary goods and services in the most cost-effective manner. However, what most don’t think about is the importance of the buying experience (much more than making it Amazon-like) and the specifics that go on behind the scenes. When using e-procurement for the P2P process, buyers (requesters) rely heavily on the accuracy of the catalogs to provide the most informed information. They also...

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Report

Ardent Partners’ CPO Rising 2019 Report: The State of Procurement

In 2019, finding new sources of value is a primary focus for many procurement organizations. This will be largely driven by innovative approaches, as most of the easy, quick wins have already been identified. This section of the CPO Rising 2019 report takes a deep dive into the current state of procurement. It analyzes current capabilities (in areas such as people, processes, and technology) and looks at ways for procurement to improve their performance in...

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Release Highlight

Xeeva Spend Analytics Release Highlights 14.4 – October 2022

Xeeva Spend Analytics release 14.4, features two key enhancements.    Xeeva Spend Analytics will now be able to accept a Default and an Ideal Payment Terms as customer provided configurable values. If provided, these values will be used as baseline and reflected in the Payment Terms and the Working Capital insights in the Spend Analytics.   Both the Payment Terms Insights and the Working Capital Insights will more accurately reflect the savings opportunities based on customer-specific policies ...

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