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

Whitepaper Webinar Contact

 

 

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.

Want to see more?

Explore our other resources

 

 
Procure-to-Pay

Spend Under Management Part 3 of 4

In our last post. we discussed adopting spend under management (SUM) and the first of five principles. Here are the other four: 2) Purchase through a formalized requisition to purchase order approval process. The purchasing processes of an organization should be governed by policies and procedures that are complete and enforced universally. Simply having them in place is a starting point but the key issue is enforcement. Are all the spend areas incorporated? Does my...

Read More
 
Business Strategy

Supply Risk Management and Supply Chain Visibility

Setting up systems to monitor supply risk management and supply chain visibility can preempt future performance issues that your organization may encounter. Predictive financial performance monitoring tools are often of value to companies monitoring the activities of their suppliers – indeed, recently one large global manufacturer was able to prepare for the impending bankruptcy of a major supplier due to their predictive analysis, indicating that the supplier was developing cash flow issues. Related: Supply risk...

Read More
 
Press Release

Xeeva Launches Standard Integration with PLEX ERP

SOUTHFIELD, MI – Xeeva, a leader in AI-powered spend management and procurement solutions serving hundreds of locations and enterprises worldwide, is excited to announce real-time integration with Plex ERP. With this integration, Purchase Order (PO) data from Xeeva’s P2P application is instantly sent to Plex ERP to create POs, receive PO status updates, and communicate with business users as well as suppliers.  Today, modules within P2P and enterprise-wide applications are faced with complex interfaces, and...

Read More