In our upcoming P2P update, Release 13.3, expected to be deployed in early April 2022, Xeeva introduces Public Catalogs. This feature expands a company’s access to supplier catalog items and adds another avenue to increase compliance by reducing spot buys and controlling maverick spend. Similar to shopping at Amazon, this feature provides the user: Access to Xeeva’s large network of suppliers at preferred unit pricing Cross-catalog intelligent search Searches for the requested product amongst hosted...
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Xeeva welcomes this guest post on spend visibility and strategies for success from Andrew Bartolini, Founder and Chief Research Officer, Ardent Partners. Ardent Partners recently published its 14th annual “State of Procurement” research study, CPO Rising 2019: #ValueExpansion. And what was true when this series started remains true today – that there may be no greater advantage for the modern enterprise than comprehensive spend visibility and an ability to take action on it. While collaboration,...
1. New Data Insights Several new insights were added to Xeeva Spend Analytics, including: Item Quality This insight displays the quality of the item data that was received from a customer’s ERP, AP, and other internal systems that track indirect spend data. This insight also shows which items were cleansed by the XVA Platform, Xeeva’s rule-based AI engine. Item Enrichment This insight compares the quality of the item description that exists in a customer’s internal...