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 continues to enhance Spend Analytics by focusing on highlighting key spend trends and insights with intelligent alerts.    In the upcoming 14.3 release of Xeeva Spend Analytics, customers will see minor enhancements and bug fixes including:  Enhancements to Intelligent Alerts   The Non-contracted spend alert highlighting the spot buys will now also display the spend trend line for better comparison Implementation of drill down in the Item heat chart   Drill down will allow the user...

Technology innovations, especially those driven by advancements in consumer buying, social technology, and big data management, can now be applied to pull together the complex web of suppliers, intangible deliverables, and inconsistent pricing and processes of indirect spend. These readily available technologies can meaningfully simplify the buying experience while optimizing other aspects of indirect spend cost such as supplier fees, terms and conditions, performance specifications, and performance management. If executed correctly, optimizing indirect spend adds...