Xeeva: Vendor Analysis (Part 2) — SWOT, Competitors & Market Overview, Tech Selection Tips

A competitive analysis on Xeeva is difficult because the source-to-pay provider doesn't just compete against the handful of players trying to bring machine learning and AI to the S2P space. It also takes on all of the traditional source-to-pay vendors who offer modern sourcing experiences, especially if they are augmented with market intelligence, best practices, community intelligence or other modern "guided" capabilities that can help a buyer make a better decision. That's basically what buyers are looking for and what AI-enabled or "cognitive" intelligence is supposed to deliver. So this essentially puts Xeeva head-to-head with the majority of the big S2P suite players that all have at least one of these capabilities.

However, we will do our best to analyze Xeeva’s competitors. In Part 2, we also will provide a SWOT assessment and an overview of the competitive landscape in which Xeeva plays.

In Part 1 of this Spend Matters PRO Vendor Analysis, we focused on Xeeva’s company details, a brief solution overview, and its solution’s strengths and weaknesses. In our third and final installment, we will provide a more in-depth overview of Xeeva’s platform capabilities.