Ever wonder why many companies view indirect procurement as a non-strategic back office function? Maybe it’s that indirect practitioners often focus too narrowly on measuring cost savings from indirect spend sourcing initiatives and lose sight of how those initiatives impact core financial metrics such as total cost of ownership (TCO), operating profit, working capital, and cash flow, among others. Therefore, adopting a well-structured indirect spend management framework that establishes that connection can bring real value...
Want to see more?
Explore our other resources
The rise in digital transformation has led to a massive increase in data as the systems used at a company continue to grow. In fact, the 2019 Deloitte Global CPO Survey showed that 59% of CPOs believe analytics in procurement will have the most impact on their businesses over the next two years. As data grows exponentially, procurement leaders today are dealing with: Increasing data complexities Poor master data quality The inability to generate analytics...
SOUTHFIELD, MI, January 6, 2022 – Xeeva, a leader in AI-powered spend management and procurement software serving hundreds of locations and enterprises worldwide, is excited to announce the launch of XpressBUY, an easy-to-use purchasing software connecting customers to Xeeva Marketplace Suppliers for quick and easy purchasing and bottom-line savings, eliminating the cumbersome RFx process. With an expedited 2-week implementation, users gain access to a pre-configured, ready-to-use solution delivered with Xeeva verified suppliers through Xeeva Marketplace,...