A primary focus for many procurement organizations in 2019 is finding new sources of value. As most of the quick & easy wins have already been identified, innovative approaches will drive these new value sources. This section of the CPO Rising 2019 report focuses on the role of the Chief Procurement Officer. It dives into the level of engagement and alignment they have today, as well as the key drivers and challenges that have shaped,...
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Xeeva Spend Analytics release 14.4, features two key enhancements. Xeeva Spend Analytics will now be able to accept a Default and an Ideal Payment Terms as customer provided configurable values. If provided, these values will be used as baseline and reflected in the Payment Terms and the Working Capital insights in the Spend Analytics. Both the Payment Terms Insights and the Working Capital Insights will more accurately reflect the savings opportunities based on customer-specific policies ...
Are your finance operations bogged down in paper and invoice processing delays? Today, as we pause to consider Earth Day, one way that procurement and finance organizations can make a positive impact on conservation and waste reduction is to move to eInvoicing, or paperless invoicing. According to research from Hackett Group, SharedServicesLink.com and others, large organizations process over 10,000 invoices annually per A/P FTE. This is a massive amount of paper. In real terms: 10,000...