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In 2019, finding new sources of value is a primary focus for many procurement organizations. This will be largely driven by innovative approaches, as most of the easy, quick wins have already been identified. This section of the CPO Rising 2019 report takes a deep dive into the current state of procurement. It analyzes current capabilities (in areas such as people, processes, and technology) and looks at ways for procurement to improve their performance in...

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...

MADISON HEIGHTS, MI, January 3, 2020 – Xeeva, Inc., a global provider of award-winning AI-based procurement solutions, today announced that it was named on CIOReview’s list of the “20 Most Promising Artificial Intelligence Solution Providers” for 2019. The annual listing from the technology magazine compiles 20 companies globally that are at the forefront of providing AI solutions that transform businesses. CIOReview selects companies that offer innovative solutions and services that meet end-user needs and provide a...