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
Redwood City, CA, July 13, 2021 – Ivalua, a global leader in Cloud SpendManagement solutions, announces an extension of its Procure-to-Pay solution with a new Inventory Collaboration capability. Increase supplier autonomy on replenishment orders within the agreed boundaries (i.e., min, max levels) . “Our About Ivalua.
SpendManagement — The Ultimate Guide of 2023. Spendmanagement is an important process to reduce losses and mistakes. However, how do you manage your spending? In this article, we will discuss what spendmanagement is. We will tell you the challenges and benefits of spendingmanagement.
Technology is a powerful enabler of finance-procurement collaboration, bridging gaps in spendvisibility, cost control and data integration. Without the right tools, procurements contributions to financial strategy can remain disconnected from budgeting, forecasting and risk management.
Each function’s objectives often overlap, particularly in areas such as financial reporting, cost management, budgeting and data-driven decision making, so when procurement strategies align with finance-led initiatives, organizations gain greater financial visibility, improved efficiency and stronger risk control.
Spendmanagement software offers companies the tools to streamline financial operations, monitor expenses, and maintain control over their budgets. From small enterprises to large corporations, businesses of all sizes can benefit from implementing a robust spendmanagement tool.
Redwood City, CA September 2, 2020 – Ivalua, a leading provider of global SpendManagement Cloud solutions, today announced the availability of a pre-packaged procurement suite for construction and engineering companies. Just in time work package procurement from sourcing to payment of contractors.
Lack of visibility hindering sustainability progress. The role that procurement takes here is vital, particularly when it comes to collaborating with the wider business and suppliers to address environmental concerns. Despite this, our research found that an inability to gain a complete picture of all suppliers is problematic for many.
Categories: Conferences , SpendManagement Tags: PRO The question of how to manage direct materials can yield polarized answers and requires deeper evaluation than simply evaluating a few narrow use cases. Quality collaboration to manage the direct-materials quality control processes from design to execution.
Procurement managers 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. In any case, organizations need to pull indirect spending out of the shadows and into the open. What Happens When Indirect Spend Isnt Managed?
Tracking performance over time is key to measuring the business value the collaboration is delivers. However, procurement plays a critical role in reflecting cost-saving initiatives, supplier contracts and spendmanagement efforts in financial statements and budget planning.
Enabling rapid, cost-effective and transparent supplier payments anywhere in the world. Redwood City, CA, June 30, 2021 – Ivalua, a global leader in Cloud SpendManagement solutions, announces an extension of its source-to-pay platform with a new payments solution to digitize and streamline global supplier payments.
Modern SpendManagement and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. How to gain visibility and control of your indirect spend. How to report and analyze indirect spend to identify savings opportunities.
Amplify Your Business SpendManagement Strategies with a GPO. Una leverages over $100 billion in buying power to negotiate best-price contracts with hundreds of the nation’s top suppliers. Una leverages over $100 billion in buying power to negotiate best-price contracts with hundreds of the nation’s top suppliers.
A comprehensive guide designed to tame tail spend in a way that leads to reduced risk and increased cost savings. Taming Tail Spend. This comprehensive guide will go over tail spend in procurement and provide resources for how to implement an effective tail spendmanagement strategy. What is tail spend?
Impact on Procurement: Gen AI leverages vast datasets to generate actionable insights, helping procurement teams predict future trends, such as market shifts, supplier performance, and demand fluctuations. Impact on Procurement: Spend analytics give CPOs visibility into spending patterns, supplier performance, and inefficiencies.
Spend Matters has been speaking with procurement practitioners and solution providers to get a wide view of how procurement and digital transformation is happening in the real world. And in the real workplace, thats where those decisions come from rather than procurement itself. Her first piece of advice would be: Dont.
Employees can search across internally hosted supplier catalogs, Amazon Business and other supplier sites to see and compare the results side by side on a single screen. With real-time pricing and inventory information to ensure that the items selected are available. All without leaving Ivalua.
Lifted from their latest webinar, Jean-Baptiste Anne from Amazon Business and Vishal Patel from Ivalua offer insights into tail spendmanagement programs and the ROI these programs can generate for procurement teams. . Lack of control or visibility into what is being spent and with which suppliers. Who purchased it.
A lack of digital maturity and a focus on supplier cost and quality are also limiting green practices. 16th July 2020, London – Research from Ivalua, a leading provider of spendmanagement cloud solutions, has shown that six-in-ten (60%) UK businesses have decreased their investment in sustainability initiatives due to the COVID-19 pandemic.
Employees can search across internally hosted supplier catalogs, Amazon Business and other supplier sites to see and compare the results side by side on a single screen. With real-time pricing and inventory information to ensure that the items selected are available. All without leaving Ivalua.
Benefits of using purchasing software Managing purchase orders manuallyor relying solely on QuickBookscan lead to approval bottlenecks, overspending, and a lack of real-timevisibility into company spending. No one has time to manually match invoices to purchase orders and receipts.
Paris, June 10, 2021 – Ivalua, a global leader in Cloud SpendManagement solutions , announced a new capability to provide employees access to Amazon Business directly and seamlessly from within the Ivalua platform, going beyond the traditional PunchOut. Realtime pricing and inventory ensures items selected are available.
Managing people-to-people relationships, whether with stakeholders or suppliers, through email chains and Excel sheets isn't particularly effective. Stakeholder and Supplier Collaboration Without Emails and Excel. So, what's in it for the stakeholder or the supplier to use a digital tool?
Modern SpendManagement and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. How AP can improve relationships with your key suppliers. How better management in AP can give you better flexibility for cash flow management.
The Power of Source-to-Pay Digital Transformation To put it briefly, source-to-pay refers to the entire process that starts with finding, negotiating with, and contracting the suppliers of materials, goods and services, and culminates in the final payment for those items. These begin with enhanced visibility.
ProcureTech Solution Providers and Agentic AI Stances Agentic AI in procurement involves AI agents handling tasks like sourcing, contract management, and supplier coordination with minimal human oversight, often integrated into platforms like SAP or Coupa. It automates supplier performance tracking and order fulfillment.
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.
If your finance team is drowning in manual work just to get a clear picture of company spend, its not a people problem. The right financial reporting software gives you real-timevisibility into where money is going, automates tedious finance tasks, and helps you make smarter decisions faster. Its a software problem.
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.
Data is central to successful digital transformation to relay real-time information and greater visibility into operations and resource allocation. Data builds the bridge between your own internal supply chain visibility and the information you provide to your stakeholders. Tomorrow the requirement will be something else.
Modern SpendManagement and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. How AP can improve relationships with your key suppliers. How better management in AP can give you better flexibility for cash flow management.
How AP can improve relationships with your key suppliers. How better management in AP can give you better flexibility for cash flow management. Proper spendmanagement also includes tracking and controlling company-wide spending, including procurement costs.
Loss of sales and market share are the most visible and measurable impacts. Under pressure to quickly identify new sources of supply, due diligence has–at times been reduced, thereby increasing the likelihood of quality issues, unknowingly supporting forced labor, or exposing organizations to fraud.
Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. It is a crucial process for organizations that are looking to streamline their procurement activities, better managespend and suppliers and increase operational efficiency.
The real estate industry, characterized by intricate processes and substantial investments, constantly seeks ways to enhance efficiency, reduce costs, and ensure timely project completion. From sourcing construction materials to hiring contractors, a well-organized is essential for timely project completion and cost control.
Strategic Sourcing Success: Best Practices and Key Strategies Of course, there are many definition s of source-to-pay but put simply, strategic sourcing is a data-driven approach to securing the best value for your organization from its strategic suppliers. How Has Strategic Sourcing Evolved?
EPISODE 137 Using Visibility to Combat Supply Chain Abstraction with Frank Kenney By Kelly Barner | October 18, 2023 In the race to build global empires of data and digital systems, today’s businesses must not risk forgetting what all of those zeroes and ones mean.
New Risk Center adds capabilities and integrations to extend existing leadership in enabling holistic management of supplier risk. The latest innovations extend the existing strength of Ivalua’s SupplierManagement solution, which had already been recognized as a Leader by Forrester Research Inc.
E-invoicing Mandate | France 2024 Ivalua SpendManagement Insights [ivory-search] Wake Up AP, Before it’s Too Late! The first and most visible element of this change are the emergence of Government tax networks or Continuous Transaction Controls (CTC) systems. What are the implications?
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. Sourcing Innovations: .
Modern SpendManagement and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. How AP can improve relationships with your key suppliers. How better management in AP can give you better flexibility for cash flow management.
Think of it as a roadmap that guides a purchase order through the right handsfrom the employee who needs the item to the manager who approves the budget, and finally to the finance team that processes the payment. By automating and standardizing these steps, businesses save time, reduce errors, and maintain control over spending.
These issues can waste time, increase expenses, and cause frustration for your team. Without a proper system, it becomes harder to track budgets, follow company rules, and managesuppliers. Over time, these small problems add up, making it difficult to grow smoothly. Thats why switching to an can help.
Modern SpendManagement and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. How AP can improve relationships with your key suppliers. How better management in AP can give you better flexibility for cash flow management.
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