Ivalua FAQs

  • Who is Ivalua best for - their role(s) within what kind of companies.

    Ivalua is a leading provider of cloud-based Spend Management solutions. Ivalua’s complete, integrated Source-to-Pay platform is used by hundreds of the world’s most admired brands across the globe from every sector of business and level of government. Users can range across a broad spectrum but primarily within Procurement, Supplier Management, Finance or IT. Within Procurement, there are sourcing managers, category managers, contract managers, catalog managers and procurement analytics users. Within Supplier Management, there are users that are responsible for risk, performance, supplier information and more. In Finance, the typical user is in accounts payable and IT can vary from business analysts to integration specialists.
    Of course, the breadth of users is also dependent on the company size and our customers are in large, global enterprises for the most part but also mid-sized businesses.

  • How does Ivalua benefit them?

    Customers realize a range of benefits, especially cost reduction, improved efficiency, better decision-making, improved employee satisfaction and improved collaboration with suppliers and across departments. Customers like Sprint quote $2bn in annual savings and $1B in incremental revenue. Meritor talks about Spend Managed and accelerated innovation. Many other customers like Maxim Healthcare, who have moved from another provider found that with Ivalua they were able to onboard more suppliers and users than with the previous solution. Some customers want rapid implementation others like Crédit Agricole want 100% digitization.

  • How technical do users need to be to use Ivalua's software?

    Not at all. For most users, there is not “technical” skill needed to use Ivalua, they can simply begin using it with the intuitive user experience and often guided user experience. Ivalua offers a consumer-like experience that results in broad adoption with little to no training. For example, Fannie Mae realized 100% adoption among its 8000 employees since day 1. Ivalua’s focus on ease of use also extends to administrators, who can quickly (and without any coding) modify workflows and other configurations to support processes.

  • What makes Ivalua a leader in this space?

    Firstly Ivalua has great customer retention (98%) and that is the best recommendation. Also Ivalua is ranked a leader across the full Source-to_Pay spectrum by top analysts, including Gartner for Procure to Pay and Strategic Sourcing and by Forrester for eProcurement, Source to Contract and for Supplier Risk Performance Management.

  • Who are Ivalua's biggest competitors (3-5 companies)?

    Organizations who are considering SAP Ariba, Coupa, GEP, Jaggaer, Basware should also be looking at Ivalua.

  • How/why is Ivalua better than those competitors (or most others in their market)? What about Ivalua is unique, stronger, easier, etc.?

    Ivalua is built on one single unified platform and is not built through acquisitions. Ivalua’s vision is to empower customers to digitally transform procurement to turn their spend and supplier relationships into a source of competitive advantage. Our customers are empowered to digitally transform FASTER and FURTHER than with other technologies. We support every step of our customer’s transformation journey. From the beginning, where businesses need to achieve quick wins, with our jumpstart packages that can help customers generate value fast. To the more mature end of the spectrum, where customers want to extract more value from Procurement but are limited by their technology. Ivalua is a unique platform that can be easily adapted to changing business needs.

  • Which popular or common software does Ivalua integrate with?

    Ivalua empowers you with fast, flexible & stress-free Integration to any ERP. Our platform integrated with 60 unique ERP (and other) systems Ivalua and we have you up and running in 90 days. Examples include SAP, Oracle, MS Dynamics, Netsuite. For more information visit:https://www.ivalua.com/solutions/business/multi-erp-integration/

  • Software pricing can often be complex. If it's pretty straightforward, list tiers, pricing (per year, seat, etc) and limits for Ivalua. If it's not simple, use broad estimates or ranges for typical setups.

    Pricing is primarily based on users for all modules.

  • Does Ivalua offer a trial or free download available?

    Ivalua’s suite is primarily available in a cloud-based SaaS model rather than download. We do offer low cost pilot and jump-start offerings, but currently not free options.

  • Does Ivalua offer any kind of training/education for their product?

    Ivalua’s suite is extremely intuitive, offering a consumer-like experience so training is not mandatory for most users, but a range of training options are available, from liv training to on-demand tutorials.

  • Describe the implementation process and timeline for Ivalua software.

    Ivalua offers jump start packages for record time to value, including Sourcing or SRPM in under 4 weeks, or P2P in 12. For companies with complex or unique requirements, timelines are longer and depend on the scope.