In 2019, finding new sources of value is a primary focus for many procurement organizations. This will be largely driven by innovative approaches, as most of the easy, quick wins have already been identified. This section of the CPO Rising 2019 report takes a deep dive into the current state of procurement. It analyzes current capabilities (in areas such as people, processes, and technology) and looks at ways for procurement to improve their performance in...
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MADISON HEIGHTS, MI, December 11, 2014 – Xeeva, Inc., a global provider of next generation, intelligent procurement solutions, today announced that it has acquired Kontextual, Inc., an innovator in social business software. Kontextual was created to help companies build transparent, metric-driven cultures through its platform that combines personalized dashboards, collaboration spaces, and 24/7 virtual status meetings to make it easy to share information across the enterprise. Together with Xeeva’s source to pay technology, the Kontextual...
You can’t go anywhere these days without hearing about AI. It’s all around us, from self-driving ride shares to Facebook using facial recognition to know which of your friends you just uploaded a picture of. But you might not know how AI is already impacting the procurement space. Think of all the things that frustrate you about your current indirect procurement process: disjointed and unstructured operations, multiple systems, and no visibility into your spend –...