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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So now that you know what spend under management (SUM) is, how would you go about adopting such a framework? SUM is built on creating a partnership between indirect procurement and operations along five key operating principles across sourcing, contracting, buying, and spend decision-making. At its foundation is executive leadership with joint operating targets established between indirect procurement and the operating groups they support. The actual SUM model measures the maturity of the organization across...

MADISON HEIGHTS, MI, October 14, 2015 - Xeeva, Inc., a global provider of next generation, intelligent procurement solutions today announced that PayStream Advisors’ 2015 Source-to-Settle Solutions for Manufacturing Report that features Xeeva as an eProcurement technology leader has been released. The PayStream Advisors analyst team surveyed procurement professionals across a range of roles from global manufacturing enterprises to analyze current source-to-settle processing trends within the industry. Successful source-to-settle (S2S) management relies upon efficiency and coordination...

Reflecting on the past couple weeks, I am enthusiastic about where Xeeva is and where we’re heading! You may have seen us in the news recently – here, here, here, and here (and many others) – because we had an amazing opportunity to raise capital and partner with PeakEquity Partners, Greenspring Associates, and Morgan Stanley Alternate Investment Partners to grow Xeeva and continue to define the future of procurement. If you haven’t seen the details...