Ivalua’s suite will enable the strengthening of internal collaboration between the various Group Procurement entities around the world by industrializing and improving reliability of the Chemicals Price List Publication processes

London, UK – March 26, 2019 – Ivalua, a leading provider of global Spend Management Cloud solutions, and the Chemical Purchasing Department of the Hutchinson Group, a world leader in technologies for vibration control, fluid management systems and sealing systems, today announced successfully launching the next phase of their collaboration. Hutchinson Group has now successfully deployed Ivalua’s Action Plan & Savings Tracking module with worldwide coverage, supporting industrialization and improved reliability of the Chemicals Price List Publication processes.

World-renowned with a revenue of €4.5 billion, the Hutchinson Group chose to automate procurement with Ivalua solutions to streamline the company’s Sourcing and Procurement activity and this deployment represents the next stage in their transformation journey.

Serge Perret, Group Procurement Director at Hutchinson, explains: “Helping purchasers in the Chemicals sector of the company to carry out their tasks is a key priority for the Hutchinson Group. With Ivalua, we have a unique and reliable tool to pool all the resources that contribute to making a purchase. It also makes all the data concerning our many suppliers accessible.”

Gilles Bismuth, Ivalua’s Senior Vice President Business Development EMEA, concludes: “Ivalua is delighted to support the Hutchinson Group in its digital transformation by providing technological and business expertise, which ensures full functional coverage, time savings and significant reliability, as well as unparalleled access to information, helping our customer to meet strategic challenges.” 

About Ivalua

Ivalua is the Procurement empowerment platform. Recognized as a Leader by Gartner and other analysts, Ivalua’s Source-to-Pay suite is leveraged by over 300 leading companies across the globe to manage over $500 Billion in direct and indirect spend. Realize the possibilities at www.ivalua.com. Follow us at @Ivalua.