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Can’t stop the bleeding? Ways to identify & prevent spend leakage in procurement
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Spend Analytics version 14.1 features Intelligent Opportunities as part of Xeeva’s commitment to Better Data, Better Insights, and Better outcomes. Xeeva continues to utilize intelligence throughout the procurement process. With our upcoming release of Xeeva Spend Analytics, customers will see AI/ML computed sourcing opportunities. When spend data is curated after each data refresh, our machine learning algorithms generate hundreds of category-based sourcing opportunities. Each opportunity: Displays an estimated savings amount Is ranked and scored This allows users...
SOUTHFIELD, MI. -- August 13, 2021 -- #XeevaNetworkEffect Xeeva is excited to announce significant enhancements to Marketplace, connecting Xeeva’s global customers to an expanded network of suppliers, helping to expedite sourcing of goods and services across any industry with guided execution from Xeeva’s team of procurement experts. Suppliers can now register in just a few minutes with no fees and start accepting bids from global organizations eliminating the cost of finding and contracting with new...
Senior management’s top priority remains the same – drive value for the business. And while indirect procurement manager’s feet are held to the fire to achieve cost reduction targets and improve productivity, many struggle because they are still using outdated tools and technology. Alternatively, for end users, their focus is simply to get their job done right, and as quickly and easily as possible. By applying new technology, insights, and thinking to the challenge of...