Xeeva, Inc., a global provider of award-winning AI-based procurement solutions, announced that it was named on CIOReview’s list of the “20 Most Promising Artificial Intelligence Solution Providers” for 2019.
The annual listing from the technology magazine compiles 20 companies globally that are at the forefront of providing AI solutions that transform businesses. CIOReview selects companies that offer innovative solutions and services that meet end-user needs and provide a high-quality experience.
Xeeva was selected to be on the 2019 list thanks to its patented, specialized AI technology that’s transforming procurement departments of enterprise organizations. The procurement software provider has been awarded three patents for its innovative AI and has multiple more pending.
“Being a company that’s focused on and specialized in procurement AI, it’s an honor to be recognized for our technology,” said Vikas Shah, SVP Business Development, Products and Growth at Xeeva. “We’re constantly looking for new ways to strengthen our AI to continue driving results for our clients, so to have our AI technology be validated in this way is very special.”
“Our AI is capable of significantly improving spend data quality in a matter of days and weeks, which is far superior to other solutions on the market,” Shah continued. “With so many enterprise organizations struggling with imperfect data, we want to help them enhance their data quality in ways that are actually beneficial. Our specialized AI is able to uncover actionable insights that organizations can turn into efficiencies and savings, and that’s really something unique.”