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SPEND ANALYTICS 1. New: Automated Insights The system now automatically generates a range of targeted Insights identifying actionable savings opportunities.  Each Insight includes an estimated potential Savings amount calculated from the spend data and are grouped into opportunity Types according to the next best action users can take to drive savings, and are supported by the underlying data that defines the Insight, typically at the individual items level. 1.1. Insight Confidence Level The Insights are...

Southfield, MI –  Xeeva, a leader in AI-powered spend management and procurement software serving hundreds of locations and enterprises worldwide is excited to announce that Steve Griffiths, Chief Strategy Officer for Xeeva has been inducted into the “Supernova Hall of Fame” at the 2022 Future of Sourcing Awards hosted by Sourcing Industry Group (SIG) at their annual Global Executive Summit.   The Supernova Hall of Fame award was given to sourcing industry titans who have contributed...

As a procurement leader, you want to gain a deeper understanding of and visibility into enterprise spend. This starts with having operable data to set the foundation for your procurement optimization efforts. Leverage digital technology to achieve spend visibility and uncover intelligent insights that allow you to tap into savings opportunities of up to 20%, place up to 89% of spend under management, and ultimately evolve your indirect procurement function into a strategic source of...