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New release features AI-powered contractmanagement, more seamless messaging and communications, supplier risk and performance enhancements and procure-to-pay efficiency . AI-powered contractmanagement. On the AI front, Ivalua enhanced its leading CLM solution with AI-Powered Contract Data Capture. About Ivalua.
Redwood City, CA – Feb 24, 2021 – Ivalua , a global leader in Cloud SpendManagement solutions , today announced the general availability of its new platform release 168. The release includes a broad set of innovations to help organizations better manage their spend and suppliers. About Ivalua. Media Contact.
Redwood City, CA – March 24th, 2022 – Ivalua, a global leader in spendmanagement, today announced that it has been named a leader in The Forrester Wave : Supplier Value Management Platforms, Q1 2022. Ivalua is honored to be recognized in this important evaluation covering a broad range of Procurement and SupplyChain processes.
Ivalua SpendManagement Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.
What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence. Achieving these goals would not only help Chassis Brakes control spend, it would improve product quality. Automation is also an essential capability.
Modern SpendManagement and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. Tools like PLANERGY enhance supplychainresilience by providing real-time tracking, data-driven insights, and streamlined communication with suppliers.
Ivalua SpendManagement Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | SupplyChain by Vishal Patel Cost, Risk, and Sustainability. Contact Sales The post A Balancing Act: Drive Sustainability while Managing Cost and Risk appeared first on Ivalua.
SpendKey simplifies spend analytics and contract data extraction with advanced machine learning capabilities. Mithra AI provides cognitive spend intelligence for mid-market businesses. SpareTech delivers spare parts and MRO procurement management. DigiProc automates supplier negotiations for tactical and tail spend.
Stakeholders should understand that amalgamating SIM with various management systems and ERP software offers a range of additional benefits. New processes, custom workflows The ability for business users to safely build custom workflows to support new or changing processes is a key advantage of a SIM-enabled landscape.
Technology: CPOs should look for an integrated platform to manage all the spending and processes, such as third-party risk, sourcing, supplychain, invoicing, contracting, and payments. As per Zycus’ Pulse of Procurement Survey, risk management was the top procurement priority for CPOs in 2022.
Plus, although there are challenges, these can be managed with effective oversight and use of spendmanagement tools that enable you to effectively control the supplychain. Contracted. The suppliers can then be aligned with Categories of spend. Categories of Diverse Suppliers. Under Review.
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