While it was only a dream a scant decade ago, with a couple of providers offering minimal S2C or P2P suites, in the last five years weve gone from just a few players to more than 10 that now compete with more or less complete S2P suites.Xeeva, although founded in 2014, is just now hitting the procurement scene because it launched with a very ambitious plan AI-powered procurement that can, in certain categories, identify the best procurement opportunities and automatically execute on them.Basically, like LevaData, Xeeva wants to be one of the first players in the cognitive procurement domain and help you do your job, by doing more of the practical procurement process for you.But it takes time and patience to master your game if you are a sly wolf.
However, the areas in which the solution can do your work for you is limited to a select set of indirect categories where they have enough data to recommend a good decision. To determine if a buy is good, you need to know what the organization has been spending, what the current market and negotiated prices are now, what the organizational demand is projected to be, and if current prices coincide with what is expected based upon community intelligence. To support this vision, Xeeva has built a nearly full S2P suite with sourcing, supplier information management (SIM), procurement, and, of course, deep AI-powered analytics technology. The second installment will provide a company SWOT and a market analysis of competitors, which was typically in the last part. Now, Part 3 will be the detailed solution overview, giving readers interested in the vendor very specific details and capabilities. Todays focus on Xeeva will still provide company details and a brief solution overview but it will mainly examine strengths and weaknesses. In Part 2, we will provide a SWOT assessment and an overview of the competitive landscape in which Xeeva plays. In our third and final installment, we will provide a more in-depth overview of Xeevas platform capabilities. For full access to this PRO content: Sign Up Sign In ADVERTISEMENTS Spend Matters Weekly Newsletter Sign-up with Your Business Email IOI Yes Phone This field is for validation purposes and should be left unchanged. This iframe contains the logic required to handle Ajax powered Gravity Forms. Xeeva Marketplace Software No LongerPopular Posts Recent Comments Blockchain evolves, becomes vital for businesses, Deloitte survey says Demystifying the role of technology in supply chain finance: Blockchain When does successful digital transformation begin As soon as you realize that legacy software no longer serves enterprises well Procurement talent trends during COVID-19, Part Two Afternoon Coffee: Appen has strong earnings report; Coca-Cola to cut jobs; Japans prime minister resigns Alibaba.com: Ecosystem marketplace designed for SMB (Overview Analysis) Ariba Doesnt Have Customers, It Has Prisoners: CESAR A PEREZ said: Yes, I have to agree.Ariba has the worse (non-existing customer service ever); they just do not ca. What should employers do to gain the full value of their independent workers: Colin Serrel said: As someone whose company makes significant use of contractindependents many of your points are well. QA: Unless procurement takes a different view to management of services spend, it will continue to be difficult to get it right: Outsourced Procurement said: Procurement should always be seen as a collaboration. Suppliers and Ariba: Prisoners or Not: K said: Agree Suppliers should not have to pay for access to a customer mandated system. Xeeva Marketplace Full Coverage WorkersIf they want us. WorkMarket Partners to Offer Full Coverage Workers Compensation for Freelancers: Andrew Karpie said: Hi James, This article is from 2017. So not sure of what is the current status at WorkMarket for t. PRO member content by Category Use the categories below to discover content for Spend Matters Members. 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