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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Release Highlight

Procure-to-Pay Release Highlight 13.0 – October 2020

Summary of Procure-to-Pay Release 13 (R13) Xeeva Procure-to-Pay (P2P) R13’s main focus is to make the system flexible and intuitive to operate with a contemporary design. With R13, we’re introducing a guided buying experience for requesters, which provides a smart and easy-to-use interface for users to create any type of procurement request. These actions can include catalog buying, spot buys, service requests, and guided non-catalog requests, as well as leveraging other buying channels like quick...

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Press Release

Xeeva Acquires ProcurePack, Inc.

MADISON HEIGHTS, MI, January 15, 2016 – Xeeva, Inc., a global provider of next generation, intelligent procurement solutions, today announced that it has acquired ProcurePack, a cloud-based e-procurement and vendor relationship management solution. Together with Xeeva’s full technology suite, ProcurePack adds strategic functionality and integrative enhancements in supplier selection, auctions, raising POs, and executing contracts. Acquiring this technology provides significant value in visibility and collaboration between procurement, finance, and other key stakeholders in the procurement...

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Business Strategy

How to deliver world class procure-to-pay performance

According to research from The Hackett Group, accounts payable best performers operate with 62% lower costs per invoice than their peers. This indicates a significant opportunity for companies not considered best performers to make significant improvements to their operations. "AP best performers operate with 62% lower costs per invoice than their peers." Key Metrics to Determine Procure-to-Pay Process Efficiency Price per financial transaction basis Transactions per full time equivalent (FTE) Purchasing’s span of control The...

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