Xeeva continues to enhance Spend Analytics by focusing on highlighting key spend trends and insights with intelligent alerts.    In the upcoming 14.3 release of Xeeva Spend Analytics, customers will see minor enhancements and bug fixes including:  Enhancements to Intelligent Alerts   The Non-contracted spend alert highlighting the spot buys will now also display the spend trend line for better comparison Implementation of drill down in the Item heat chart   Drill down will allow the user...

Sourcing release 13.9 includes additional enhancements to Intelligent Supplier Discovery to improve the supplier search and match search capabilities. Supplier Discovery Enhancements Retrieve suppliers from Supplier Universe which match NAICS code / and other criteria passed as a filter from the supplier discovery. Buyers can onboard these listed suppliers into Xeeva Marketplace (if those suppliers do not exist in MP) Improved search capabilities in Supplier Discovery Search by Supplier Email domain Search by Tax Registration...

Version 13.4 of Xeeva’s P2P includes enhancements to Blanket Purchase Order, (BPO) and Amazon Level 2 (L2) Punchout.  Key enhancements to BPO will allow the buyer to:  Set auto-release for multiple lines   Search & add multiple BPO line items to set auto releases  Support for adding a Service Request, Material request, and Catalog item   In addition to being configurable from the Self Service module by an administrator, Amazon L2 Punchout will allow requesters...

{MSL – Continuing from R14.1, Xeeva builds on Intelligent Opportunities by introducing}Spend Analytics version 14.2 features Intelligent Alerts 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 Intelligent Alerts.     When spend data is curated after each data refresh, our machine learning algorithms generate alerts and notifications along with intelligent opportunities. These...

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...

In our upcoming P2P update, Release 13.3, expected to be deployed in early April 2022, Xeeva introduces Public Catalogs. This feature expands a company’s access to supplier catalog items and adds another avenue to increase compliance by reducing spot buys and controlling maverick spend.    Similar to shopping at Amazon, this feature provides the user:   Access to Xeeva’s large network of suppliers at preferred unit pricing  Cross-catalog intelligent search  Searches for the requested product amongst hosted...

We at Xeeva believe in the continuous journey of improving our solution suites for our users for better usability with new features and enhancements on existing functionalities.  Building on the success of Intelligent Supplier Discovery (released in Jan 2022), this upcoming version further enhances both the buyer and supplier experience.  Buyers can now:  View the Supplier’s business profile that includes additional details by hovering over the supplier's name  Use the expanded search functionality to search...

Spend Analytics Release - version 14 is here! with new features and enhancements that further Xeeva’s commitment to Better Data, Better Insights, and Better outcomes.  While Xeeva continues to utilize intelligence throughout the procurement process to normalize data quality and enrich data by adding attributes, with our next release of Xeeva Spend Analytics, customers will see improved insights generated by our XVA platform helping them to make impactful business decisions in procurement and strategic sourcing. ...

Xeeva is committed to constantly improving our solution suite to bring a more effective, streamlined experience to our users. The latest update, Sourcing 13.7, was released in January 2022 and includes the new Intelligent Supplier Discovery feature.   These features strengthen our Sourcing solution further by providing a list of recommended suppliers to customers.   The buyer now has 4 options while adding suppliers to a sourcing event:   Ability to transfer Incumbent Suppliers from Spend Analytics   Sourcing...

Marketplace keeps getting better.  The below highlights on our Xeeva Supplier Marketplace platform prove that only highly vetted and recognized suppliers make our Xeeva platform a go-to Marketplace across Industries globally. Key New Feature of the release:   Open Catalog is here! The latest feature of Marketplace gives suppliers the added Search and Filter functionality to their dashboard. Suppliers now will also have the option to review and publish their catalog with items and images as well. Additional...

Xeeva had recently enhanced its Supplier Marketplace to support suppliers globally. However, we at Xeeva believe that this is a continuous journey of improving the solution suite for our users. Hence the team has yet again added to the Supplier Marketplace platform, this new feature:  Auction Module/ Access to RFX  Now it is easier for a user to select the correct supplier account when the user aims to access the Auction Module. Since the marketplace user is associated with many suppliers and needs to choose one supplier for a request or need, the Xeeva Marketplace supplier platform now eases this choice with the...

Xeeva Sourcing platform, another product highly in demand, of our Xeeva solution suite, is now even better with our new features and report updates. The latest highlights include:  Supplier participation report:  This has been updated to include new fields that can help the Procurement Managers make better sourcing decisions after reviewing the suppliers' past contract details and other in-depth information.  Event Email template:  This template has been updated to reflect major changes in contact numbers of the results desk as well as the year that...

We are happy to announce our latest release of  Spend Analytics that furthers our commitment that, with Xeeva’s Solution Suite, you get Better Data, Better Insights, and Better Outcomes. Highlights of Release 13.4 include:  Enhancement – Spend amount Display  This allows for the “exact spend amount display” on the Home Page with two decimal places, an improvement from the previous rounded display of spend amount KPI  The create opportunity page as well will display the exact spend amount...

Xeeva is always in a continuous journey of enhancements to improvise the performance of its solutions. Today we want to highlight the new features as well as the strategic enhancements to the existing features that help in bringing completeness to our solution of Spend Analytics.   First, let us highlight the enhancements over the existing features as below:  Enhancement  – Vendor Code of Supplier  This is an important enhancement that helps in uniquely identifying a supplier in the customer’s ERP (Enterprise Resource Planning). Xeeva can now accept the Customer’s ERP system vendor code and display insights on dashboards. This enhancement feature helps Xeeva customers...

Sourcing Release 13 Objectives Xeeva Sourcing Release 13.0 (R13) significantly improves the performance and usability of the system with a particular focus on making it easier to quickly define and execute tactical sourcing projects or events to rapidly realize savings. In particular, insights identified by Xeeva Spend Analytics can be directly actioned into Xeeva Sourcing as a new opportunity that the sourcing team can quicky act upon with minimal need for additional data input. In...

1. New Data Insights Several new insights were added to Xeeva Spend Analytics, including: Item Quality This insight displays the quality of the item data that was received from a customer’s ERP, AP, and other internal systems that track indirect spend data. This insight also shows which items were cleansed by the XVA Platform, Xeeva’s rule-based AI engine. Item Enrichment This insight compares the quality of the item description that exists in a customer’s internal...

Summary of Procure-to-Pay Release 13 (R13) Xeeva Procure-to-Pay (P2P) R13’s main focus is to make the system flexible and intuitive to operate with a contemporary design. With R13, we’re introducing a guided buying experience for requesters, which provides a smart and easy-to-use interface for users to create any type of procurement request. These actions can include catalog buying, spot buys, service requests, and guided non-catalog requests, as well as leveraging other buying channels like quick...

SPEND ANALYTICS 1. New: Automated Insights The system now automatically generates a range of targeted Insights identifying actionable savings opportunities.  Each Insight includes an estimated potential Savings amount calculated from the spend data and are grouped into opportunity Types according to the next best action users can take to drive savings, and are supported by the underlying data that defines the Insight, typically at the individual items level. 1.1. Insight Confidence Level The Insights are...

1. Buyer Assistant Applies to Configurability Buyer Assistant if Licensed & Enabled Buyer during Award steps of Spot Buy workflow Admin role Xeeva (back office) Buyer Assistant is Optional by Location/Default: OFF Adds UI features (Buyer), learning enablement for the BA engine additional business rules (Admins) 1.1. New:  Buyer Assistant -Supplier Feedback during Award Buyers will now be able to provide qualitative feedback to the Buyer Assistant about award recommendations made during the ACTIVE stage,...

1. New: Supplier Categorization Applies to Configurability Overall solution, Invisible to Supplier Requester, Buyer Associated reports Optional by Customer/Default: OFF Suppliers are Active/Valid or Inactive as before, if OFF A vital part of procurement is to channel spend towards strategic & key suppliers and to manage policy and compliance in accordance with supplier standing. With this enhancement suppliers can now be clustered into various (max 4 – see figure) customer-defined categories based on the level...

1. New: Buyer Assistant Applies to Configurability Spot Buy workflow Buyer experience if Buyer Assistant is Licensed and Enabled N/A: Changes experience and UI if Buyer Assistant is enabled Buyer Assistant can be selectively enabled by Location The Buyer Assistant module provides an intelligent, learning-driven capability to automatically drive Spot Buy execution by generating supplier inclusion and award decision recommendations. A demonstration is recommended to understand Buyer Assistant capability and operation Buyer Assistant can operate...