Master Data Management
Realize the possibilities of quality data
The 2021 Pivot: How Leading CPOs Are Mastering Procurement’s Post-Pandemic Response
Ivalua empowers you with clean data and the tools to fix issues in your ERPs
Quality data is the basis for smart Procurement. With Ivalua, not only do you generate clean, unified data throughout your Source-to-Pay activities, but you can fix existing master data issues in your ERPs.
Vendor MDM
Gain control over Supplier Master Data through a single primary record as the source of truth for supplier creation and maintenance
- Use Ivalua as the primary master source of truth for supplier data across your enterprise
- Capture comprehensive supplier information in one place by using out-of-the-box supplier profiles and easy configurations to capture evolving supplier data elements (e.g. to meet third party regulatory compliance)
- Easily define approval workflows for master data changes
- Approved changes automatically sync across supplier tables in ERP and legacy systems
Benefits
- Cleanse existing data before sending back to enterprise system
- Accurate, 360 degree supplier reporting
- Meet regulatory requirements and assess supplier risk
- Save time and effort with a single, simple, transparent system for supplier master data maintenance vs. constantly managing data in multiple systems.
- Reduce supplier and compliance risk by formalizing an enterprise wide repository
Item & Service MDM
Gain control over Item & Service Master Data by using a single primary record as the source of truth for item creation and maintenance
- Use Ivalua as the primary master source of truth for item & service data across your enterprise
- Capture comprehensive item & service information in one place by using out-of-the-box Item master and easy configurations to capture evolving needs for product and services data
- Easily define approval workflows for item & service master data changes
- Approved changes automatically sync across item & service data tables in ERP and legacy systems
Benefits
- A single source of truth for item & service master data
- Save time and effort with a single, simple, transparent system for item & service master data maintenance vs. constantly managing data in multiple systems
- Reduce compliance and delivery risks by formalizing an enterprise wide repository
- Maintain complete transparency into item & supplier master data and audit visibility into changes
Ivalua has enabled our transformation journey effectively, making Procurement more agile and digital. It really began with a focus on suppliers and clean supplier master data to make better decisions. Resolving this empowered efficiency, visibility and much more value creation for the business
Global Manufacturer
The Path to Greatness – Driving a Successful Transformation Across Global Procurement & Supply Chain
Ivalua Recognized as a Leader In The Forrester Wave™: Supplier Risk & Performance Management Platforms, Q3 2020
