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The Forrester Wave™: Supplier Value Management Platforms, Q3 2024 See Report
Lower Costs
Cost Reduction
Realize the possibilities of an integrated Source-to-Pay suite
See Ivalua’s Source-to-Pay Solution in Action
Ivalua empowers you with deep capabilities to capture and realize savings
Reduce Unit Costs
The Ivalua Advantage
- Ivalua is a Leader in the 2024 Gartner “Magic Quadrant for Source-to-Pay Suites
- Industry-leading customer retention rate year after year with agility that evolves to your needs
- Address unique challenges amid pressure to improve procurement efficiency and reduce costs
- A single code base for consistent user and supplier experience with maximum automation
- Faster, better-informed decision-making by giving users easy access to a range of intelligence across full S2P
- Unified data model ensures accurate insights from anywhere in the process
- Effectively managed supplier performance and risk that improves disruption and sustainability efforts
- Activate specific capabilities necessary to expand and address more processes, spend and suppliers as you grow
Benefits
- Reduce sourcing and contract cycle time
- Greater savings by comparing with historical data and saving baselines
- Accurate TCO measurement
- Improved supplier collaboration
Realize Negotiated Savings
The Ivalua Advantage
- Seamless flow of contract terms to catalogs, orders and invoices
- Negotiated savings linked directly to budgets
- Track actual and planned spend commitments against budget
- Supplier initiated catalog and pricing updates
- Flexible, business-specific approvals
- Complex cost allocation support
Benefits
- Validated savings hit the bottom line
- Ensure contract compliance
- Catalog prices remain current
- Reduced off contract spend
- Effective budget planning and visibility
With Ivalua, we realized tremendous speed-to-value and benefit from a simpler and more focused source-to-contract solution. We have already achieved 10x ROI in a very short time.
Arindam SENGUPTA
Global VP Strategic Sourcing & Procurement
Dole
Reduce Operating Costs
30% reduction in operating costs
The Ivalua Advantage
- Natively integrated Source-to-Pay suite
- Unified data model
- Leading capabilities throughout
- Powerful, flexible workflows
- Seamless ERP integration
Benefits
- Automate transactional procurement
- Free capacity for higher value activity
- Significant reduction in operating costs
Related Resources
Customer Story
Strengthening Supply Chain and Managing Global Complexity
- 19% Average annual cost savings over 4 years
- 75% Reduction in process cycle for contracts and catalogs
- 40% Reduction in PR/PO cycle (5 days to 3 days)
Customer Story
Digitizing Procurement to Drive Compliance, Efficiency and Transparency
- 100% Compliant Procurement Processes
- > 30,000 Contracts in the System
- 15,000 Digital Sourcing Projects
Customer Story
Complete Digital Transformation of Procurement with High ROI
- 3 Billion Euros Spend Under Management
- 80 Million Euros Saved in First Few Years of Using Ivalua
- 100% Digitization Across all Procurement Processes