In this third and final part of our Spend Matters PRO Vendor Analysis of Xeeva, we provide a complete overview of each main module of the Xeeva offering, which covers most areas of an S2P suite.
A competitive analysis on Xeeva is difficult because the source-to-pay provider doesn’t just compete against the handful of players trying to bring machine learning and AI to the S2P space. It also takes on all of the traditional source-to-pay vendors who offer modern sourcing experiences, especially if they are augmented with market intelligence, best practices, community intelligence or other modern “guided” capabilities that can help a buyer make a better decision. That’s basically what buyers...
The source-to-pay space is starting to get crowded. While it was only a dream a scant decade ago, with a couple of providers offering minimal S2C or P2P suites, in the last five years we’ve gone from just a few players to more than 10 that now compete with more or less complete S2P suites. One of these vendors is Xeeva.
In an effort to help clients tackle critical challenges and experience quick ROI during the complete procurement process, Xeeva said it has put significant enhancements throughout its array of products into place. The indirect spend management company also rebranded its products and technology platform to better show its capabilities throughout sourcing, procurement, spend analytics and data enrichment, according to an announcement.
Enterprise digitization continues to ramp up the availability of data, and open up new opportunities for in-depth analysis of that information. However, it’s no longer enough for solution providers to simply analyze corporate data. Businesses demand actionable insights, and analytics technology must be tailored to users in a way that can guide corporate strategy.
Last month, we examined the current constraints on procurement today and discovered that data spend quality is an issue that’s holding organizations back. Digging in further, we found that spend classification is a big factor affecting organizations’ abilities to get high-quality data. The reality is you don’t know what you’re actually spending in each category.
Procurement teams globally are facing the same common challenges. We hear it over and over: CPOs are constantly being tasked with cutting costs and doing more with less … yesterday. But how are they doing in actually overcoming these challenges? Let’s take a look.
Due to the increasing influence technology has had on the way business is conducted worldwide, it has never been so important to leverage new processes and applications to set organisations apart from competitors, particularly in the supply chain space.
Xeeva, a provider of sourcing and procurement software, received another patent related to data management that uses artificial intelligence, the Michigan-based company said in a recent announcement.
Launching his second startup has been a lot less stressful than the first, said Dilip Dubey, the founder and CEO of Madison Heights-based Xeeva Inc., which uses artificial intelligence to help customers streamline their supply chains.
Big name tech companies like Snapchat, LinkedIn, Facebook, and Twitter all have satellite offices in Detroit, but did you know there are dozens of other tech startups that were founded and are headquartered in Michigan?
Artificial intelligence’s penetration into the enterprise back office can be seen in nearly all areas of operation, but the procure-to-pay process is among the most popular targets for AI disruption.
Xeeva Inc., a global provider of intelligent, cloud-based procurement, sourcing software, and financial solutions in Madison Heights, has announced an investment of more than $40 million led by PeakEquity Partners.
Recently we surveyed our community asking what type of content you want to learn about and the top response was news from the local startup community. That’s why we’re excited to begin sharing more happenings from in and around Detroit, starting with a new funding announcement from Madison Heights-based startup, Xeeva.
This week’s VC Investment Roundup demonstrates investors’ varied appetite for B2B FinTech. Funding targets this time around included blockchain, logistics, alternative finance, artificial intelligence and T&E — with a few startups taking a stab at some of the biggest problems in the cannabis industry, procurement and microfinance. Take a look at which firms from around the world landed new funds this week, and how they plan to deploy the cash.
Madison Heights-based Xeeva, Inc., which uses artificial intelligence to help customers streamline their supply chain, announced it has got an investment of more than $40 million, which was led by PeakEquity Partners, a private-equity firm in Radnor, Pa.
FinTech remains merely on the cusp of disruption from artificial intelligence (AI), with some players in the B2B space beginning to look at AI-based chatbots and data analytics solutions to take digital financial management to the next level.