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Ivalua Launches Innovations to Improve Supply Chain Resilience and Employee ProductivityREDWOOD CITY, Calif., Feb. 24, 2021 /PRNewswire/ -- Ivalua, a global leader in Cloud Spend Management 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. Customers can now ensure greater supply chain resilience through improved supplier discovery and collaboration, increase efficiency across each step of the source-to-pay process and better understand and optimize cost drivers for goods and services purchased. The release also adds or deepens integrations with Ivalua's growing partner ecosystem to improve decision-making and optimize the purchasing experience for users. Ivalua has been increasingly recognized by analysts and other 3rd parties for the strength of its platform, product strategy and ability to execute. In 2020, Ivalua was named a Leader in the 2020 Gartner "Magic Quadrant for Procure-to-Pay Suites" and by Forrester Research Inc. in "The Forrester Wave™: Supplier Risk And Performance Management (SRPM) Platforms, Q3 2020." Ivalua was also awarded the best P2P Specialist Provider by an independent panel of industry veterans at the 2020 World Procurement Awards and this release will support extending its leadership by delivering ever greater value to customers. Specific release highlights include: Supplier Management Innovations:
Sourcing Innovations:
Contract Management Innovations:
Procure-to-Pay Innovations:
"The Covid-19 pandemic highlighted the importance of effectively managing spend and suppliers," said Pascal Bensoussan, Chief Product Officer. "This release empowers procurement and supply chain leaders to better ensure resilience, control costs and optimize employee productivity." About Ivalua Ivalua is a leading provider of cloud-based Spend Management solutions. Our complete, unified platform empowers businesses to effectively manage all categories of spend and all suppliers, increasing profitability, lowering risk and improving employee productivity. Trusted by hundreds of the world's most admired brands and recognised as a leader by Gartner and other analysts, Ivalua maintains the industry's leading 98%+ customer retention rate. Learn more at www.ivalua.com. Media Contact Michael Gallo
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