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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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...

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Whitepaper

Cloning your very best buyer

Instead of having a procurement team with 15 different commodity managers who all follow different processes yielding differing results, what if you could create a procurement team full of your absolute best buyer? Read more to find out how using procurement software to clone your best buyer can help you standardize the source-to-pay process and improve performance. What you’ll learn: The challenges organizations face in delivering cost savings, impacting the bottom line, and managing talent...

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Press Release

AI-Powered Procurement Software Company Xeeva Receives New Artificial Intelligence Technology Patent

Covers one-of-a-kind techniques for the enrichment of “imperfect” data with AI to drive massive savings for procurement organizations MADISON HEIGHTS, MI, January 22, 2019 – Xeeva, Inc., a global provider of intelligent procurement and sourcing software, announced today the issuance of a new patent (US10176427 B2) for its Virtual Data Manager capabilities. The patent incorporates functionality for rapidly enriching data records to improve both quality and consistency. Previously, Xeeva was granted multiple related AI patents...

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