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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Business Strategy

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This year’s OESA annual conference began with Julie Fream, OESA’s CEO and president, reviewing the event theme: “Transform. Innovate. Lead.” She warned that the automotive industry is transforming and if you don’t follow suit, you risk getting left behind. This message was further relayed throughout the day when Neil Boehm, VP of engineering at Gentex said, “you have to change with the times or you won’t exist,” when discussing the impact of new technology. The...

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Procure-to-Pay

Going through business uncertainty? 3 strategies to cut costs & discover savings in your indirect spend

In contrast to direct procurement, indirect spend includes everything that goes into running a business that isn’t directly tied to the end product, such as maintenance, repairs, and operations (MRO), marketing, facilities, consumables, fleet, freight, travel and IT. Although it can make up as much as 50% of a company’s total purchases, it doesn’t often get the attention it should. The problem with ignoring indirect spend, however, is that you could be missing out on...

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Blog

Insight Plum & Xeeva Partner Showcase – Supply Chain Disruption, ESG in Procurement and Data Transformation

Welcome to the third episode of our “Partner Showcase” series, where we feature Xeeva’s exclusive partners. This week on Partner Showcase, Andrew Madera, Account Executive of Partnerships at Xeeva, interviewed Milan Otajovic from Insight Plum, one of our partners.   Insight Plum is a Procurement Technology firm based out of Dubai and is the world's leading provider for all emerging tech in Procurement. Through their exclusive collaboration with prominent tech start-ups, they offer comprehensive procurement technology...

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