Xeeva Acquires ProcurePack, Inc.
MADISON HEIGHTS, MI, January 15, 2016 – Xeeva, Inc., a global provider of next generation, intelligent procurement solutions, today announced that it has acquired ProcurePack, a cloud-based e-procurement and vendor relationship management solution.
Together with Xeeva’s full technology suite, ProcurePack adds strategic functionality and integrative enhancements in supplier selection, auctions, raising POs and executing contracts. Acquiring this technology provides significant value in visibility and collaboration between procurement, finance and other key stakeholders in the procurement process.
“The addition of ProcurePack and the technology it brings to Xeeva demonstrates the commitment we have in delivering comprehensive solutions for our clients,” said Dilip Dubey, CEO and founder of Xeeva, Inc. “Strategically integrating enhanced e-procurement functionality further strengthens our portfolio and illustrates our competitiveness in the marketplace.”
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.
For Xeeva, Inc.