Like any other team, Procurement has quarterly objectives, but Procurement’s objectives go straight to the bottom line. Procurement action plans are used to manage those objectives, but in a complex environment, with a large number of actions and numerous players, the tracking of actual savings remains a real challenge.
The Action Plans and Savings Tracking module was designed to solve this problem, simplifying the day-to-day management of procurement action plans and providing management with comprehensive visibility on operations.
Purchasing Management can roll out their central procurement action plans into effective local actions within each entity, with their own goals. Action plans can be managed by a team collaboratively, and the savings are monitored closely from their initial estimates to their final validation by financial controllers.
Ivalua’s teams and consulting partners provide the skills and expertise necessary for the successful deployment of Ivalua Buyer. We work hand in hand with our clients to ensure rapid and sustainable adoption by internal users and suppliers.
Working with customer requirements, Ivalua’s functional experts operate in close collaboration with the client to configure the specific modules, approval workflows, alert systems, data import/processing/export procedures, as well as the interface with other tools and the indicators and reports parameters.
Right from the start of production, it’s important to migrate historical data to Ivalua Buyer to maximize the analytical potential of the system. Ivalua’s powerful ETL tool (extract, transform, load), expedites migration to mass transfer historical data from existing sources (Excel, ERP, etc.).
With over a dozen different ERP/accounting systems already integrated, our pre-configured connectors provide multiple points of integration for all major ERP/accounting systems in the market with the availability of customization to fit any client’s specific requirements.
In addition to the application documentation and existing help screens, Ivalua and its partners offer on-site training and e-learning courses adapted to each type of user group.
The software is licensed and installed locally by the client. The client’s IT service takes charge of the administration of the application. They can subscribe to the application maintenance and user support services provided by Ivalua as they see fit.
Ivalua’s SaaS model includes the deployment, maintenance and the hosting of the software within a customer account through our hosting partner. This comprehensive service is offered over a contractually determined period for a monthly fee.
On Demand deployments allow the client to subscribe to the same service as in SaaS, but over a much shorter time period and linked to a particular event: for example; RFQs, RFIs, or auctions. Therefore, pricing is established on an event-by-event basis and frequency of tool usage in order to manage these events.