According to research from The Hackett Group, accounts payable best performers operate with 62% lower costs per invoice than their peers. This indicates a significant opportunity for companies not considered best performers to make significant improvements to their operations. "AP best performers operate with 62% lower costs per invoice than their peers." Key Metrics to Determine Procure-to-Pay Process Efficiency Price per financial transaction basis Transactions per full time equivalent (FTE) Purchasing’s span of control The...
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Introducing a new episode in our “Partner Showcase” series, where we feature Xeeva’s exclusive partners. This week on Partner Showcase, Andrew Madera, Account Executive of Partnerships at Xeeva, interviewed Traci Nichols (VP Procurement Transformation) from Beltrees Consulting, one of our partners. Beltrees is a Procurement consulting firm that offers a network of consultants that specialize in procurement and supply chain, allowing you to have options not readily available with other traditional consultancies. Beltrees leaders have...
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,...