Veolia and Ivalua: Efficiently Managing €16B in Spend with Strategic Sourcing

See how Veolia manages their spend and a complex network of suppliers by transforming their Procurement function into an integral business partner

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Industry:

Energy & Utilities

Headquarters:

Paris, France

Employees:

217,998

Website:

www.veolia.com

About Veolia

Veolia is a global leader in optimized resource management, delivering innovative solutions in water, waste, and energy management that drive ecological transformation. With operations in over 40 countries, Veolia helps cities and industries reduce environmental impact while improving performance and sustainability.

Challenges

Managing a vast ‘glocal’ vendor ecosystem created ongoing challenges in aligning global strategies with local supplier coordination.
Relying on several disconnected systems reduced visibility and weakened supplier engagement.
Not fully tapping into strategic supplier relationships meant missed opportunities for innovation and expansion.

Benefits

Centralized supplier repository providing a single source of truth, transforming procurement into a business partner, driving commercial differentiation and innovation.
Real-time financial reporting that meets the needs of the executive management team.
Full integration with other information systems (Intranet, CSR Indicators and expense reporting).
Centralized access to contracts with full visibility into the global contract lifecycle.

Solutions Selected

Supplier Risk & Performance

Sourcing

Contract Management

eProcurement

Intake Management

Invoicing

Payments

Spend Analysis

We chose the Ivalua solution because of the breadth of its functional footprint and its modularity. We have a “glocal” organization [of suppliers] that is very close to the business that we are able to manage as closely as possible. At the same time, we are able to benefit from the size of [our] group to establish relationships with global suppliers with added value.