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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Wrangling the Complexity of Indirect Procurement

It’s no mystery why indirect spend is often ignored. By its sheer nature, optimization has proven to be incredibly challenging. Unlike direct materials which are often highly engineered, associated with a specific set of approved suppliers, and controlled precisely through ERP and MRP technologies, indirect spend is comprised of a highly fragmented group of suppliers that vary by business unit (BU) and plant. These suppliers represent 1000s of sub-categories of goods and services and are...

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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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