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The Forrester Wave™: Supplier Value Management Platforms, Q3 2024 See Report
Overcoming Complexity for Order Efficiency
In an era of supply shortages, creating an efficient ordering system is paramount to business agility. Addressing the increasing complexities during the buying process of supplier risk, pricing, availability, sustainability while providing clear buying channels with an intuitive experience is a challenge.
Drive eProcurement Adoption by Addressing Business Needs
Ivalua’s eProcurement software offers the flexibility to address your businesses unique and evolving needs while establishing core processes to drive compliance and adoption. Enable the business to effectively capture value created from sourcing and negotiating contracts.
A Purchasing Solution to Transform your Business
Continuous Process Efficiency
- Roll out clear buying channels
- Empower users to free time and resources
- Support continuous improvement and lean processes
Holistic Across Spend & Suppliers
- All spend: indirect, direct, assets, products or services
- All processes: 2 or 3-way match, tail spend, PCard, etc.
- All suppliers: from strategic to one-time
Responsive to Business Needs
- Comply with ever-changing regulation
- Satisfy diverse supplier expectations on collaboration
- Incorporate emerging expectations (e.g., CO2 emissions)
Our users went right into the system with only a few training guides. Our team believes they didn’t event need to use the guides because the system was easy to navigate. One surprise for us was how easy it was to manage our catalogs. We have more control and flexibility than we had before.
Cindy Seabrease
Director of Purchasing and Accounts Payable
Maxim
A Unified Platform for All Spend
PLATFORM
Analytics
Workflow
Integration
AI
Collaboration
Design Mode
Additional Modules
Purchase Requisitions
A Better Buying Experience
- A centralized, user-friendly entry point for all requests
- Smart routing and guidance to an optimal, configurable buying channel
- Tailored approval and workflow processes
Purchase Orders
Digitize and Automate Ordering Processes
- All order types covered (open, SoW, stock orders, etc.)
- Collaborate with suppliers directly on orders
- Controlled change orders with a complete audit trail
Receiving
Flexibility to Adapt your Receiving Process to Changing Business Needs
- Optimize receiving process depending on buying channel
- Prepare delivery with Advanced Shipping Notices (ASNs) from suppliers
- Manage delivery quality through user feedback
Price Lists & Catalogs
Simple and Collaborative Catalog Management
- Simplify catalog management and compliance with contracts
- Collaborate with suppliers for optimal inventory levels and pricing
- Easily adapt catalog content to business requirements
Budget Tracking
Track Actual and Planned Spend
- In-process budget visibility and controls
- Conduct budget-line level spend analysis
- Track encumbrance (requisition), commitment (order), and usage (invoice)
Related Resources
Customer Story
Efficient & Unique Purchasing Process for Healthcare
Ivalua Named as a Leader
2024 Gartner® Magic Quadrant™ for Source-to-Pay Suites
