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

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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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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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