Many organizations struggle with poor procurement spend visibility or lack it completely. Think about the old adage, “you can’t control what you can’t measure,” and you’ll realize that this is an ongoing challenge with large enterprise organizations. Without visibility into what your organization is spending, you have no way to control it. The top, and the most obvious, reason why most organizations struggle with spend management and compliance is that the majority of procurement spend...
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Xeeva is committed to constantly improving our solution suite to bring a more effective, streamlined experience to our users. The latest update, Sourcing 13.7, was released in January 2022 and includes the new Intelligent Supplier Discovery feature. These features strengthen our Sourcing solution further by providing a list of recommended suppliers to customers. The buyer now has 4 options while adding suppliers to a sourcing event: Ability to transfer Incumbent Suppliers from Spend Analytics Sourcing...
In these unprecedented times, our economic outlook is uncertain. One thing is abundantly clear though – companies will lean on procurement teams to do more with less: Gain instant spend visibility into savings Drive sustainable cost-efficiency Navigate uncertain supply Reach new categories quickly No matter your situation, your team will be asked to operate differently. How do you prepare? What tools and resources will you need to meet these new requirements? And how will your...