Recently, we co-hosted a webinar with Institute for Supply Management (ISM), and it was full of great insights! ISM’s Managing Director of Global Operations, Lane Burkitt, chatted with our Chief Strategy Officer, Steve Griffiths, about how technology is solving one of the biggest challenges that procurement organizations deal with: maverick spend. One of the highlights of the webinar was their discussion about the reasons why maverick spend occurs. Watch the informative clip or read the...
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Technology innovations, especially those driven by advancements in consumer buying, social technology, and big data management, can now be applied to pull together the complex web of suppliers, intangible deliverables, and inconsistent pricing and processes of indirect spend. These readily available technologies can meaningfully simplify the buying experience while optimizing other aspects of indirect spend cost such as supplier fees, terms and conditions, performance specifications, and performance management. If executed correctly, optimizing indirect spend adds...
MADISON HEIGHTS, MI, February 5, 2019 – Xeeva, Inc., a global provider of AI-powered procurement and sourcing technology, has announced that it was listed on The Tech Tribune’s “10 Best Tech Startups in Michigan” for the second time. Focused on delivering technology, news, articles, and insights, The Tech Tribune annually compiles lists of the best tech startups globally. Its staff considers the following factors during its research: revenue potential, leadership team, brand/product traction, and competitive landscape....