In 2019, one of the main focuses for procurement organizations is finding new sources of value. This will be largely driven by innovative approaches, as most of the easy, quick wins have already been completed. Identifying these catalysts, building them out, and constructing different ways to leverage these new value drivers is the focus of CPO Rising 2019: #ValueExpansion. Learn how value expansion can affect your organization in this webinar, where Andrew Bartolini, Founder &...
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Madison Heights-based Xeeva, Inc., which uses artificial intelligence to help customers streamline their supply chain, announced it has got an investment of more than $40 million, which was led by PeakEquity Partners, a private-equity firm in Radnor, Pa.
1. New Data Insights Several new insights were added to Xeeva Spend Analytics, including: Item Quality This insight displays the quality of the item data that was received from a customer’s ERP, AP, and other internal systems that track indirect spend data. This insight also shows which items were cleansed by the XVA Platform, Xeeva’s rule-based AI engine. Item Enrichment This insight compares the quality of the item description that exists in a customer’s internal...