The procurement and sourcing software firm Xeeva has announced an investment of more than $40mn led by PeakEquity Partners that it says will promote AI as “the future of procurement”.
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It’s no secret that procurement and sourcing organizations suffer from issues with spend data quality. Getting to high-quality data requires improvements in various areas, including cleansing, classification, and enrichment, among others. Watch Xeeva and Spend Matters take a look at a handful of these issues, discuss the challenges of spend classification today, and uncover how to stop the bleeding of spend leakage in procurement within your organization during our co-hosted webinar. What you'll learn Why...
Procurement is under unprecedented pressure today to manage pricing and supply, but do you really know what you are buying, where you are taking price increases, and on what items are lead times inflating? How good is your ERP spend data? Because garbage in, garbage out. Most companies would agree that a large percentage of the spend data in their ERP systems are misclassified or unclassifiable, and analyzing bad data will get you bad...