It’s not enough to use any old procurement data you might have to make business decisions. Even worse is to not utilize your source-to-settle analytics at all. You need to start with the right data. We understand that this can be challenging but that’s where advanced, AI-based technology can help. Find out how you can improve your procurement data to make a positive impact on your organization. What you’ll learn: Why procurement data is important...
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In our last post. we discussed adopting spend under management (SUM) and the first of five principles. Here are the other four: 2) Purchase through a formalized requisition to purchase order approval process. The purchasing processes of an organization should be governed by policies and procedures that are complete and enforced universally. Simply having them in place is a starting point but the key issue is enforcement. Are all the spend areas incorporated? Does my...
MADISON HEIGHTS, MI, August 29, 2018 – Xeeva, Inc., a global provider of AI-powered source-to-pay software, announced today that it has been included as one of four solution providers in the 2018 Gartner Cool Vendors for Procure-to-Pay Applications report. Procurement and sourcing technology providers were chosen by Gartner for this report based on their unique and innovative solutions that leverage AI to augment complex tasks. These solutions must be able to assist procurement in working...