Description
Ivalua is a leading provider of AI-powered procurement software designed to transform the procurement process by managing all spend and suppliers on a unified platform. The platform eliminates silos by using a single data model and user experience, allowing seamless management of source-to-pay processes. It supports both direct and indirect procurement, covering all spend types including direct materials, indirect goods and services, project-based spend, and more.
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Ivalua's platform is equipped with native collaboration tools for suppliers, BOM management, and forecast collaboration, enabling faster supplier onboarding and management. The platform boasts a branded supplier portal with no supplier fees, achieving over 90% supplier enablement and onboarding 80% faster than legacy systems. Integrations are simplified through Ivalua’s Integration Hub, which connects with leading enterprise systems like SAP, Oracle, and Microsoft using prebuilt connectors and open APIs.
Security is a priority for Ivalua, with the platform running on a multi-instance SaaS architecture featuring AES-256 encryption, SSO/SAML, and various certifications such as ISO 27001 and SOC 2. The platform has never been breached, ensuring data safety and compliance. Ivalua also supports complex BOMs and global supply chains, making it suitable for manufacturing environments.
Ivalua has been recognized as a leader in Supplier Value Management Platforms by Forrester, highlighting its strength across the entire suite, particularly in source-to-contract processes. The platform offers significant ROI, with a reported 393% return and $32M in average benefits, achieving payback in under six months. Ivalua's customers include major organizations like T-Mobile, Ikea, and Coca-Cola, showcasing its capability to handle large-scale procurement needs.
- CategoryWorkflow Automation
- Pricing ModelCustom enterprise pricing
- DeploymentCloud
- PlatformsWeb
Ivalua Procurement Software's Core Features
Unified source-to-pay platform
AI-powered procurement automation
Supports direct and indirect procurement
Branded supplier portal with no fees
Integration with SAP, Oracle, Microsoft
Multi-instance SaaS architecture
AES-256 encryption and SSO/SAML
Recognized leader in supplier management
How to use Ivalua Procurement Software?
Configure: Set up procurement processes
Integrate: Connect with enterprise systems
Manage: Oversee spend and suppliers
Optimize: Enhance procurement efficiency
Ivalua Procurement Software's Use Cases
- Supplier Management
- Spend Management
- Procurement Automation
- Risk Management
- Integration
