At Ivalua, we believe that contracts are living documents at the heart of the Procurement journey. Therefore, knowing the status and health of a contract is a critical part of the relationship between an organization and it’s suppliers. Ivalua’s Contract Management solution provides visibility of the contract’s heartbeat and condition through powerful analytics. Not only is it user-friendly, it provides the data needed to make decisions with surgical precision.
Increased speed and management visibility into contracts while enforcing strict controls and multiple levels of authorization
Our contract management software platform comes with many best-practice metrics for different contract types across sell-side and buy-side. Clients use our platform’s analytics tools to identify and address:
Once a contract is up for renewal it’s often too late to make good decisions about the future options and it’s not a strong negotiating position. Without knowing the health and performance of a contract it’s becomes hard to push for discounts or better pricing. The result is to renew at the supplier’s discretion or risk damaging business continuity or downstream customer satisfaction.