This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Ivalua study finds 97% of procurement leaders see significant disruption in direct materials supplychain; 67% not confident in existing technology; 84% consider modernization a ‘strategic priority’. Nearly all executives surveyed (97%) point to significant disruption today in their direct materials supplychain.
John Cockerill was looking for a unified end-to-end spendmanagement platform to be deployed across 4 business units in 22 countries, helping to reduce administrative tasks for the buyers, improve the fluidity of the procurement process and optimize collaboration between internal stakeholder and suppliers in a highly secure environment. “As
Like every industry Procurement & SupplyChainsoftware vendors are having to find new approaches in the pandemic world, and firms are coming up with ways of holding events virtually, some of which work better than others. Another customer session will come from US health not-for-profit, Baylor Scott & White.
Ivalua’s new Environmental Impact Center empowers Procurement and SupplyChain teams with reliable and actionable insight to reduce Scope 3 Greenhouse Gas (GHG) emissions. This data is accessible across Ivalua’s Source-to-Pay solution to facilitate more sustainable procurement decisions within daily operations.
Ivalua, a global leader in spendmanagement , and Capgemini, a global IT services and consulting firm, today announced that after a comprehensive evaluation of available technology solutions, the Volkswagen Group has chosen Ivalua’s platform to digitize its global indirect procurement processes for the Group’s entire brand portfolio. “We
Redwood City/Warsaw/ Hamburg – March 17th, 2020 | Ivalua, a leading global provider of procurementmanagementsolutions, and OptiBuy, Ivalua’s long-standing implementation partner, announced their selection by Körber to enable a digital procurement transformation.
REDWOOD CITY, Calif. , March 31, 2020 /PRNewswire/ — Ivalua, a leading provider of global spendmanagement cloud solutions , has announced the latest findings of a worldwide study of supplychain, procurement and finance business leaders on Effective Procurement Performance Measurement.
As many procurement professionals have discovered, transforming your processes to meet todays challenges in an effective manner is not as simple as writing a new mission statement. The success of the Procurement team at Utz Brands, Inc. , The success of the Procurement team at Utz Brands, Inc. ,
A shortage of digitally savvy talent, and a lack of training for technical and soft skills, hinder digital procurement initiatives. Additionally, over half (55%) of UK businesses say that digital skills in procurement are less advanced compared to other departments. Challenges in hiring digital skills in procurement.
33 Procurement Interview Questions in 2023. Sustainable Procurement Analysis — The Ultimate Guide. Procurement analysis is used to collect and analyze data for businesses to gain insights and make informed decisions. In this article, we will discuss what sustainable procurement analysis is. Download Whitepaper →. .
Ivalua, a global leader in spendmanagement, today announced that it has been selected by Swedish steel manufacturer SSAB to further improve the efficiency of its procurement processes and uphold and strengthen supplychain risk management thanks to Ivalua’s Source-to-Contract (S2C) solution.
EDITOR’S NOTE: The following is a reprint of the March 25th, 2015 article The Impact Of An M&A On The Procurement Department This morning I read a post by Roz Usheroff regarding the just announced merger between Kraft and Heinz, and how an employee can both survive and thrive when an M&A occurs.
What does KKR know about procurement and ProcureTech solutions? KKR, one of the largest private equity and investment firms globally, has considerable experience and insights into procurement and ProcureTech solutions, especially through its portfolio companies and investments. Are Coupa and Ivalua competitors?
Modern SpendManagement and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. How better management in AP can give you better flexibility for cash flow management. But what happens if those supplychains are disrupted?
The pandemic wreaked havoc on businesses and their supplychains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supplychain and manage it so they can react quickly when a problem occurs.” But cost reduction is no longer sufficient.
Procurementmanagers are pros when it comes to negotiating deals down to the penny, working closely with suppliers to secure terms that place them at a strategic advantage. However, these strategies often only account for direct procurement or the purchases associated with the products a company sells.
The majority of organizations consider supplychain transparency to be a top priority, however less than a third are satisfied with the level of visibility into their suppliers. Most organizations continue to suffer from severely limited visibility in the lower levels of their supplychains.
Redwood City, 11 August, 2022 – Ivalua, a global leader in spendmanagement , today announced that Aegion Corporation, a leading provider of infrastructure maintenance, rehabilitation, and protection solutions, selected its platform to digitally transform procurement. Ivalua will also deliver implementation services.
Axbility Consulting, a subsidiary of Ivalua European partner Axys Consultants, reinforces Ivalua’s capabilities to empower today’s Procurement & SupplyChain Leaders. Ivalua and Axbility Consulting are both committed to helping companies create value through successful procurement transformation.
London, UK – June 18, 2020 – Ivalua, a leading provider of spendmanagementsoftware, today announced the general availability of its new platform release 166. The release features a broad array of innovations to empower customers to better manage their spend and suppliers.
Templegate Technologies, Recognized as one of the most promising procurementsolution providers in India. Templegate Technologies , is a alliance partner for award winning Cloud SoftwareSolution in Procurement Automation & SpendManagement. The post templegate appeared first on Ivalua.
New release features AI-powered contract management, more seamless messaging and communications, supplier risk and performance enhancements and procure-to-pay efficiency . AI-powered contract management. On the AI front, Ivalua enhanced its leading CLM solution with AI-Powered Contract Data Capture. Procure-to-Pay.
Below is a ranking of the top 10 ProcureTech should-cost solution providersGEP, Zycus, Ivalua, SAP Ariba, Coupa Software, Jaggaer, Keelvar, Lytica, ProPurchaser, and Archletacross three criteria: length of time in business, company size, and top reason for dealing with each one. market share (Apps Run The World, 2023) lead.
Modern SpendManagement and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. The Four Types of Procurement in Education Key Steps in the Education Procurement Process Who Benefits from Efficient Procurement?
New Ivalua study shows technology challenges are hindering procurement teams from achieving business objectives. The study revealed the challenges procurement teams face when it comes to achieving business objectives and the wide and growing gap in performance between advanced and less mature teams.
Nearly a third (32%) of procurement teams concede to cutting corn ers with their sourcing criteria for suppliers to secure supply. 81% of procurement teams feel pressured by executive teams to respond more quickly and effectively to challenges such as inflation, disruptions, and shortages. Redwood, CA, 25 October, 2022.
Historically, the focus has been on optimizing portfolios of spend—prioritizing what to address, defer, or ignore—using well-known frameworks such as the Kraljic Matrix and the Pareto Principle. Today’s procurement challenges go far beyond cost negotiations and sourcing. However, this convenience comes with a downside.
Retail and tech expert Greg Petro says that, “ while the supplychain moves at a snail’s pace, the consumer is moving at the speed of light… the “see now, buy now” economy is here to stay”. What does this mean for procurement and supplier management?
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.
Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. Job orders also set out clearly the path for procurement professionals to enable them to execute the procurement process efficiently.
May 23, 2022 – Ivalua, a leading provider of SpendManagement Cloud solutions, announced the winners of its Carbon Footprint Innovation Cup at its marquee annual event, Ivalua NOW 2022 in Washington D.C. Ivalua is a leading provider of cloud-based SpendManagementsoftware. Redwood City, CA. About Ivalua.
managing contracts or ESG performance), spend categories and supporting intelligence. SAP acquired Ariba over a decade ago to manage S2P, especially for indirect spendmanagement, to augment the basic integrated direct spendmanagement functionality within SAP’s ERP system (ECC and now SAP S/4 HANA).
Ivalua, a global leader in spendmanagement , and KPMG Norway today announced that Aker BP has gone live with Ivalua’s S2C and Supplier Relationship and Risk Management (SRM) solutions to streamline its direct and indirect procurement operations. Redwood City, CA, 25 April, 2023.
And if your organization is big enough to need a Chief Procurement Officer , that person is directly or indirectly responsible for every stage of that journey. Rather than treat procurement as a series of disparate tasks, global organizations in all sectors implement efficiency across the source-to-pay journey.
Ivalua, a global leader in spendmanagement , today announced that Hillenbrand, Inc. NYSE: HI), a global industrial company, has selected Ivalua to centralize its supplier communication, contract data, and help consolidate best-in-class procurement processes. Ivalua is a leading provider of cloud-based SpendManagementsoftware.
Leading the charge in navigating this constantly shifting trading environment is the Procurement department. Procurement teams are becoming a more intrinsic part of business strategy, able to help organisations manage and predict supplychain risk, unlock innovation, create sustainable cost savings, and help grow revenue.
The partnership with TransferMate removes this friction, creating a transparent, rapid and low-cost solution to paying suppliers anywhere in the world. in 2022*, the financial friction that arises from such transactions weakens links in the supplychain. Ivalua is a leading provider of cloud-based SpendManagementsolutions.
In our latest study of UK-based procurement, supplychain and finance professionals, we found that 60% of UK businesses have decreased investment in sustainability initiatives as a result of the coronavirus outbreak. Procurement needs to get smarter. However, COVID-19 has drastically altered business priorities.
Modern SpendManagement and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. Effective supplier management is essential for educational institutions. What's PLANERGY? Never make decisions based on price alone.
Redwood City, 17 August, 2022 – Ivalua, a global leader in spendmanagement , today announced that O-I Glass Inc, an American Fortune 500 company headquartered in Perrysburg, Ohio, has selected its solution to streamline its Global Direct and Indirect Source-to-Pay (S2P) Processes. in 2021 and 24,000 employees. About Ivalua.
JAGGAER characterizes the steps in this process as SpendManagement, Category Management, Sourcing , and Contracts. Secondly come eProcurement, SupplyChain Collaboration, Invoicing, and Payments. These four steps constitute the downstream procure-to-pay part of the process. Getting buy in is essential.
Redwood, CA, 20th December 2021 – Ivalua, a leading provider of global SpendManagement Cloud solutions, today announced that Canada’s largest co-operative, Federated Co-operatives Limited (FCL), has gone live with its source-to-contract solution which includes a seamless integration to TealBook, the leading supplier data foundation.
This comprehensive solution streamlines procurement activities, improves and provides transparency across the entire supplychain. Understanding ProcurementManagement in Real Estate Procurement in real estate involves acquiring goods, services, and works necessary for the development and maintenance of properties.
Throughout the year our analyst team provides vendor-specific profiles and tech solution analyses as part of Spend Matters Insider content. Artificial intelligence in procurement During the first quarter of 2024, the Spend Matters team followed the theme of ‘ Artificial Intelligence in Procurement.
We organize all of the trending information in your field so you don't have to. Join 69,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content