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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Xeeva Procurement Software Featured as One of CIO Bulletin’s “30 Most Innovative Companies”

MADISON HEIGHTS, MI, September 10, 2018 – Xeeva, Inc., a global provider of award-winning AI-powered procurement software, announced today that it has been named one of CIO Bulletin’s “30 Most Innovative Companies” for 2018. CIO Bulletin compiles its annual list of the top 30 companies whose products and solutions are driving innovation in business. Xeeva was chosen due to their advanced AI-powered procurement software that helps companies gain greater visibility into their spend data, identify...

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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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Report

Ardent Partners’ CPO Rising 2019 Report: Strategies for Success

In 2019, a primary focus for many procurement organizations is finding new sources of value. This will be largely driven by innovative approaches, as most of the quick and easy wins have already been identified. This section of the CPO Rising 2019 report dives into recommended strategies and approaches for CPOs and procurement departments to improve their operations & get better results. What you’ll learn: Why it's important for procurement to lead the way when it comes...

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