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.

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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Digital Transformation: How Intelligence creates better opportunity plans leading to Better Data, Better Insights and Better Outcomes

Digital Transformation has been a phrase on the mind of every procurement professional since the pandemic hit. Organizations have been looking for digital solutions to help them optimize their internal processes and stay competitive with the market. This weekend, our Executive team was at ProcureCon delivering a Keynote Presentation detailing how companies can leverage digital solutions to surface savings opportunities leading to Better Data, Better Insights, and Better Outcomes. Watch the Full Presentation here: https://youtu.be/vldGOVi6JBc ...

A tale of three AIs, chapter 1: artificial intelligence (AI) – is it more than a buzzword?

We’ve all fallen victim to flashy marketing that makes big promises but doesn’t deliver on them (and often doesn’t provide any results at all). Remember the Shake Weight that everyone thought would give them toned arms with minimal effort? That just made you look ridiculous. Or the blanket that promised to save your marriage? That didn’t work, and now it’s collecting dust in your linen closet. Or what about the electric grill that claimed to...

Purchase Price Variance (PPV) – It is Really Simple

No matter the industry, managing spending is always a fundamental focus for any executive team, and nothing impacts spend as much as variation in the purchase price of goods and services. Purchase price variance (PPV) is one of the key metrics – arguably the most important metric – used by procurement teams to measure the variation in the price of purchased goods and services. It is a prime measure of how effective the procurement team...

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Do you have what it takes to tackle indirect spend?