Supply risk management

Ivalua - Spend solutions > Supply risk management

You consider that, in your company, the invoice approval process, within the accounts payable department, is painful? With a supply risk management tool, you can get rid of this protracted step of the procurement cycle!



To complement your current accounting system, we would like to draw your attention to Ivalua Buyer Suite, which is meant to substitute a burdensome, paper-based, invoice approval method by an efficient electronic supply risk management tool. With this strategic sourcing solution, a broad range of e-procurement steps to take (from the on-line selection of likely suppliers to the final contract management tasks) are on hand. More globally, Ivalua Buyer Suite lets you devise procurement action plans throughout your business, after you have identified the levers that will yield the greatest savings.

An accurate measure of the generated savings definitely leads the purchasing function to contribute more to the financial results!

Thanks to its modular approach, Ivalua Buyer Suite starts by easing the creation of your RFx documents and the management of web-based supplier quotations/bids. Once the bids are selected, our supply risk management tool automatically generates purchase orders and/or requisitions, eliminating the risk of duplicate data entry. The up-to-date status of any request is available straight away, as is the complete bid and RFx history. In one word, Ivalua Buyer Suite streamlines the bidding and invoice processes and allows cost reduction of the products and services that are needed to keep your business running.