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What is Xeeva?

Xeeva stands out as a frontrunner in the realm of indirect spend management solutions aimed at enhancing procurement processes. By leveraging an innovative blend of AI-driven technology, deep industry knowledge, and specialized expertise, Xeeva significantly boosts procurement efficiency and cost savings while ensuring exceptional data quality. The company revolutionizes the management of indirect spending through its superior practices in spend analytics, data enhancement, and strategic sourcing. Consequently, this leads to more informed and strategic decision-making, generating tangible financial benefits for organizations. Through its comprehensive approach, Xeeva empowers enterprises to achieve optimal outcomes in their procurement activities.

What is ChAI?

To effectively identify the most opportune moments for acquiring vital raw materials, create a persuasive narrative for internal stakeholders, identify ideal hedging times, negotiate favorable terms with suppliers, or define a hedge ratio, ChAI stands out as the perfect solution. This intuitive web application enables users to harness unbiased forecasts for material and energy prices by utilizing AI to scrutinize a vast array of pertinent data, including satellite imagery and the China 300 Index. Within a single quarter, fluctuations in the prices of certain crucial commodities can reach up to 20% of total spending, underscoring the importance of timing and pricing in procurement. Hence, securing purchases at the most beneficial moments is essential for procurement professionals and their companies. ChAI streamlines the task of determining the optimal timing for raw material acquisition by delivering numerical predictions for one week and six months into the future. Each of these forecasts is supported by clear explanations, equipping procurement experts with valuable insights to enhance negotiation strategies and refine purchasing practices. This innovative methodology not only bolsters decision-making but also plays a significant role in advancing cost management and strategic planning within the organization, ultimately leading to a more agile and informed procurement process. The result is a more resilient supply chain that can adapt to market changes with increased confidence.

Media

Media

Integrations Supported

Integrations Supported

Dash

API Availability

API Availability

Pricing Information

$75000.00/year
Free Trial Offered?

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Online Training
On-Site Training

Company Facts

Organization Name

Xeeva

Date Founded

2014

Company Location

United States

Company Website

www.xeeva.com

Company Facts

Organization Name

ChAI

Company Location

United Kingdom

Company Website

chaipredict.com

Categories and Features

AI Procurement

Not specified

Procure to Pay

Not specified

Procurement

Catalog Management
Contract Management
Inventory Management
Invoice Processing
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Purchasing

Catalog Management
Compliance Management
Contract Management
Inventory Management
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Sourcing

Not specified

Spend Analysis

Not specified

Categories and Features

Spend Analysis

Not specified

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