Exploring strategies for enabling purchasing compliance across procurement processes Even for companies with strong procurement teams and the best of intentions, it is virtually impossible to stay 100% compliant with purchasing policies, budgets, and contracts across the entire organization. So many purchasing decisions are made on the fly and in real time, and even a small amount of spend slipping through the cracks in controls can have a large financial impact on an organization’s bottom...
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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...
Many procurement organizations will be focused on finding new sources of value in 2019. Innovative approaches will drive these new sources of value because most of the quick & easy wins have already been identified. This section of the CPO Rising 2019 report examines how to use performance and operational statistics as benchmarks to measure your organization's performance. It also looks at how "Best-in-Class" performers maintain a competitive advantage. What you’ll learn: What defines "Best-in-Class"...