PwC India and Ivalua Announce Alliance to Help Organizations Reap the Benefits of Digitalization
As businesses continue to face material shortages, rising prices, and increasingly complex global supply chains, the partnership will help procurement teams digitalize their operations, allowing them to actively support their organizational strategic objectives.
Redwood City, CA, 16 March, 2023. PwC India, a professional services firm and an industry leader in procurement and supply chain transformation, and Ivalua, a global leader in spend management, today announced an alliance to support the procurement digitalization of organizations in India.
Whether it’s helping to mitigate the disruptions caused by black swan events, dealing with supply chain shortages, or addressing increasing pressure to reduce emissions, procurement teams play a key role in driving businesses’ strategic priorities. This partnership will help businesses digitalize and streamline operations, increase operational agility, improve productivity, and will equip them for future growth, making supply chains more resilient and sustainable.
PwC’s recent Global Digital Procurement Survey” showed that digital transformation is firmly anchored in procurement departments’ agenda and CPOs are focusing their roadmap on Source-to-Pay digitalization to drive process optimization, cost savings, and risk management. Thanks to PwC’s end-to-end strategy design and implementation expertise, and Ivalua’s leadership in Source-to-Pay Suites, this alliance will help businesses develop a “future-proof” procurement organization focusing on technology, processes, and people. The partnership will help companies progress on the path of supply chain resilience, assist them in improving compliance and ensuring adherence to regulatory requirements.
Furthermore, sustainability is an emerging priority for Indian businesses and companies are increasingly realizing the importance of decarbonizing their supply chain. Gathering relevant suppliers’ data and mapping supply chain emissions are the first steps toward supply chain decarbonization. The PwC and Ivalua alliance will provide companies with greater visibility into tier-one and sub-tier suppliers, enabling them to meet their ESG goals.
Ajay Nair, Leader, Supply Chain Transformation, PwC India, said, “PwC is excited to team with Ivalua to bring its industry-leading capabilities to market on the critical topic of Source-to-Pay and Sustainability. PwC India has a large team of Ivalua-certified professionals with in-depth implementation experience. Our alliance will empower organizations to revolutionize procurement, increase operational efficiency and improve collaboration with suppliers. Working with Ivalua, we will be showcasing to a growing number of organizations in India the value of digitizing procurement.”
“All Ivalua’s partners are carefully selected for their ability to meet our customers’ needs, and we are delighted to combine the capabilities of our complete, unified platform with PwC India’s expertise and knowledge of the local market,” said Gabriel Giret, VP Alliances at Ivalua. “We look forward to enabling the digital transformation of an increasing number of organizations in India, supporting them to increase supply chain resilience, improve their ESG performances, and ensure compliance by better monitoring and assessing risk across their supply chain.”
At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 155 countries with over 327,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com.
PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.
© 2023 PwC. All rights reserved. text.
Ivalua is a leading provider of cloud-based Spend Management software. Our complete, unified platform empowers businesses to effectively manage all categories of spend and all suppliers, increasing profitability, improving ESG performance, lowering risk and improving employee productivity. We are trusted by hundreds of the world’s most admired brands and recognized as a leader by Gartner and other analysts. Learn more at www.ivalua.com. Follow us at @Ivalua.
Global Media Contact