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The Forrester Wave™: Supplier Value Management Platforms, Q3 2024 See Report
Automate the Procure-to-Pay Process
Procure-to-Pay process inefficiencies stem from the numerous exceptions that must be managed – maverick spend, offline change orders, unplanned freelancers, non-PO invoices, urgent payments and more.
These exceptions drive up process costs and erode procurement value. They are also a missed opportunity to adequately address business needs and establish successful supplier relationships.
Procure-to-Pay Designed to Adapt
Don’t let rigid solutions hinder your path to Procure to Pay automation. Establish global and local standards that suit your business and evolve them as needed to ensure adoption.
The Only Solution that Equally Satisfies Procurement, Suppliers & the Business
Create Purchasing
Efficiency
- Keep transforming your P2P processes with business needs at no extra cost
- Empower users to free time & resources
- Support continuous improvement & lean processes
Secure Supplier
Relationships
- Increase supplier satisfaction with frictionless transactions
- Spend time on relationship management rather than inquiry resolution
- Collaborate digitally on catalog, order, and invoice management
Incorporate Varying
Business Requirements
- Reconcile one standard process with exceptions or local regulations
- Embed any new item in your purchasing policy with a few clicks
- Track the carbon footprint of your supply chain
Capturing Value With Complete Procure to Pay Solutions
Ivalua’s suite was one of the best things that we’ve done. It helps make things more efficient and brings in so much transparency and value to the user. On an overall basis, over the last 4 years, we’ve seen average savings of about 19 percent. 
Samit Datta
Head of Global Supply Chain & IT
Piramal Glass
The Benefits of Procure-to-Pay Automation
With an integrated and collaborative P2P solution, Procurement and Accounts Payable teams can:
- Digitize the P2P Process for all categories of goods and services
- Offer a modern, intuitive ecommerce experience to users
- Increase contract compliance & reduce maverick spending
- Improve Procure-to-Pay cycle times
- Increase touchless invoice processing rates and reduce exceptions
- Optimize inventory replenishment orders
Begin Your P2P Automation Journey
Digitization of the Procure-to-Pay process has moved from a “nice to have” to a “must have”. Efficiency and effectiveness in your P2P process is essential to capturing the value that is created in your negotiated contracts. With Ivalua’s jumpstart packages, digitize your P2P process in just a few weeks. Equipped with built-in configurations and the flexibility to adapt, implement continuous improvements for an efficient, intuitive P2P experience.
A Unified Platform for All Spend
eProcurement
A purchasing solution set for transforming businesses:
- Maximize contract compliance and adoption
- Optimize buying channels for all spend
- Track the carbon footprint of your purchases
Invoicing
Turn Accounts Payable into a Strategic Business Partners
- Receive PDF Invoices by email without onboarding
- Go touchless with portal supplier pre-matching
- Automate with smart 4-way matching & one-click approvals
Payments
Streamline International & Domestic Supplier Payments
- Manage your cash with next-day payments
- Pay suppliers regardless their currency
- Cut inquires with instant Payment status
Inventory Collaboration
Share Stock Visibility, Gain Purchasing Efficiency
- Optimize purchase quantities with quicker access to stock data
- Automate replenishment orders via proactive alerts
- Direct your purchases to targeted storage locations
Related Resources
Purchase-to-Pay Performance Study
Results from The Hackett Group’s Annual Benchmark Study