MADISON HEIGHTS, MI, September 30, 2014 – Supplier Software Inc., a global provider of next generation, intelligent procurement solutions, today announced that the company has changed its name to Xeeva. The company also announced it has been spun out as an entirely independent entity from its former parent company Netlink, Inc., an award-winning services company with 15 years’ experience in the procurement and financial software space. Xeeva’s vision is to take that experience and drive the development and delivery of the next generation of intelligent procurement and financial solutions.
“More than a name change, Xeeva represents our promise to deliver immediate and sustainable financial and operational results to our clients through innovative technology and value-add services,” said Dilip Dubey, Founder and CEO of Xeeva. “Launching Xeeva as an independent entity is the natural next step in the growth of the company, which on day one becomes one of the largest procurement and financial technology companies in the indirect spend and MRO space,” said Dubey.
Xeeva’s embedded intelligence technology is an industry first and supports the full lifecycle of indirect procurement, including sourcing, procure to pay (P2P), eInvoicing, supplier collaboration, and extended enterprise processes such as inventory management. Apart from other P2P software companies, Xeeva also has rich, value-add professional services depth it can bring to bear to help clients unlock even greater value from their technology investments.
“Indirect P2P solutions can deliver tremendous return on investment for private and public-sector organizations through improved compliance to contracts, quicker order processing cycle times, and better adherence to budget,” said Deborah Wilson, Research Vice President at Gartner in the June 2, 2014 report, Build a Compelling Procurement Business Case for Indirect Procure-to-Pay Technology. “Gartner sized the indirect P2P market at $824 million in 2013. This size validates the broad appeal of indirect P2P solutions,” continued Wilson.
For more information please visit www.xeeva.com.
Xeeva is driving the development and delivery of the next generation of intelligent cloud procurement and financial solutions for indirect spend. The company’s software suite includes Sourcing, Procure to Pay, Supplier Collaboration, Financial Collaboration, and Extended Enterprise solutions and is used in over 40 countries and available in 18 languages. You can learn more about Xeeva’s focus on driving immediate and sustainable results for its customers by visiting www.xeeva.com.
Xeeva is a trademark of Xeeva, Inc. All other trademarks or registered trademarks belong to their respective companies. All rights reserved.