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Can’t stop the bleeding? Ways to identify & prevent spend leakage in procurement
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In what’s become our new normal, category and commodity managers, procurement directors, chief procurement officers, and others in the procurement and sourcing departments joined virtually for ProcureCon Indirect in late July. The theme of the event was “Coping with New Procurement Realities and Applying Lessons from 2020” with many of the sessions focused on procurement’s role in reopening post-COVID, cost savings, building resiliency in the indirect supply chain, and best practices to reshape procurement. Thinking...
This Paystream report explains the challenges in requisition, ordering, and payment for indirect procurement. Advanced indirect procurement platform technologies, including catalogs, order management, supplier management, payment, reconciliation, and spend analysis are covered. Read the report to find out how purchase-to-pay (P2P) automation can help your organization. What you’ll learn: Indirect spend process trends in the current market The features and benefits to look for in a P2P software The steps you should take when adopting...
Reflecting on the past couple weeks, I am enthusiastic about where Xeeva is and where we’re heading! You may have seen us in the news recently – here, here, here, and here (and many others) – because we had an amazing opportunity to raise capital and partner with PeakEquity Partners, Greenspring Associates, and Morgan Stanley Alternate Investment Partners to grow Xeeva and continue to define the future of procurement. If you haven’t seen the details...