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eProcurementIvalua

Ivalua's eProcurement software streamlines the buying process, addressing complexities like supplier risk, pricing, and availability. It enhances efficiency, compliance, and user adoption, providing a flexible solution for all spend categories.

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Vendor

Ivalua

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Company Website

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Product details

eProcurement

Balancing Speed and Control for All Spend

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)

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)
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