Xeeva, Inc. is at the forefront of a paradigm shift undergoing in indirect procurement, which is driven by new technologies and updated approaches. The Michigan based company is focused on providing results-driven solutions in the procurement space. The firm looks to help organizations control their expenditure and gain clear visibility into indirect spends. The company provides intelligent procurement solutions, which are aimed at generating savings by transforming the way organizations organize and manage their indirect procurement spend. The solutions serve as a medium that helps businesses seamlessly connect to suppliers and vendors. The offerings allow users to study and identify potentially profitable investments, clean and analyze their procurement data, and identify savings opportunities that will reduce purchasing costs.
“You can look at Xeeva as a natural evolution of the great companies that have come before us,” says Dilip Dubey, CEO at Xeeva, Inc. Xeeva’s advanced procurement solutions are powered by artificial intelligence and machine learning. The company leverages embedded intelligence which enhances AI and machine learning performance, resulting in a more effective and efficient functionality. These intelligent technologies enable the solutions to improve performance and delivery of results consistently. The company’s patented AI technology underlies Xeeva’s software portfolio, which accelerates deployment speed and delivers immediate results. Dilip sums it all up by saying, “Xeeva deploys AI on its procurement offerings and leverages that technology to transform the realm of indirect procurement.”
Xeeva deploys AI on its procurement offerings and leverages that technology to transform the realm of indirect procurement
The use of these technologies enhances customer experience and product performance. The company’s intelligent procurement solutions effectively address the most prominent customer requirements in the procurement space which include visibility and comprehension in spend, cost control, and quick delivery of results. Xeeva’s procurement, sourcing, visibility, and supplier solutions are intelligent procurement solutions that assist clients through their entire journey from source-to-settle. Xeeva’s AI bot, “Xeebot,” works throughout the Xeeva product suite to help clients choose suppliers, automate tasks, and optimize savings. Hidden trends and patterns can be identified which can help corporations to optimize cash flow, leverage discounts, reduce cycle time, and decrease risks. Xeeva aims to address the current needs of clients as well as provide flexibility for future improvisations. With a high degree of flexibility provided by the solutions, clients can quickly respond to new challenges ensuring minimal disruption in business.
Xeeva’s sourcing and procurement enables a multi-step sourcing process that helps clients to identify, track, and complete complex sourcing projects. Project health can be monitored via various metrics such as total spend, timelines, performance, and investments. Xeeva’s P2P software allows organizations to undertake global indirect and MRO purchasing activities with detailed, real-time visibility into the fragmented spend of the business. To help enterprises smoothly navigate today’s diverse business world which is characterized by a multitude of languages and numerous currencies, Xeeva’s solutions support 18 different languages and can denominate transactions in all currencies.
“We are the first AI-driven procurement platform in the market for end-to-end solutions,” says Dilip. Leveraging its patented technology, Xeeva has enabled its clients to make significant amounts of savings, which Dilip terms as “realized savings.” He acknowledges that technology is the key to success on the road to revolutionize the way procurement challenges are addressed.
The firm looks to ensure that clients with limited resources can meet their procurement goals without having to add more overhead to the organization. Xeeva’s focus on results ensures that a client’s investments in procurement solutions are reverberated with “provable ROI” and “sustainable bottom-line impacts.”