Reducing maverick spend is one of procurement's biggest challenges. Luckily, digital transformation is happening. Specifically, advanced technology has the potential to solve this and many other procurement problems. Want to find out how? Watch our webinar featuring Institute for Supply Management’s (ISM) Managing Director of Global Operations, Lane Burkitt, and our Chief Strategy Officer, Steve Griffiths! What you’ll learn Why maverick spend is a problem for procurement organizations Ways that emerging technologies can reduce maverick...
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So now that you know what spend under management (SUM) is, how would you go about adopting such a framework? SUM is built on creating a partnership between indirect procurement and operations along five key operating principles across sourcing, contracting, buying, and spend decision-making. At its foundation is executive leadership with joint operating targets established between indirect procurement and the operating groups they support. The actual SUM model measures the maturity of the organization across...
SOUTHFIELD, MI: Xeeva, a leader in AI-powered spend management and procurement solutions serving hundreds of locations and enterprises worldwide, is excited to announce inclusion into the Quadrant Knowledge Solutions 2022 Spark Matrix Report as a Technology Leader in the global Spend Analytics market. The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Spend Analytics platform vendors. Xeeva, with its comprehensive technology and customer experience management, has received strong ratings across the parameters...