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SOUTHFIELD, MI, November 18, 2020 – Xeeva, Inc., a global provider of indirect spend management solutions, today announced that it was selected as a finalist in the CPO Honors 2020 award for “Innovative Solution of the Year.” Coordinated by Ardent Partners, a supply management research and advisory firm, the CPO Honors awards were established in 2016 to celebrate the procurement industry and recognize excellence in the field. At the annual ceremony, Ardent Partners presents awards...

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...

MADISON HEIGHTS, MI, April 22, 2020 – Xeeva, Inc., a global provider of AI-powered indirect spend management solutions, has announced that it was included on Spend Matters “50 Providers to Watch” list for 2020. Spend Matters releases its “50 Providers to Watch” list annually to recognize growing solution providers in the procurement and supply chain market. This list, now in its seventh year of publication, includes companies that are raising the bar and developing innovative products...