U

Financial Services

Turn the burden of compliance & supplier management into a competitive advantage

Learn How Credit Agricole Achieved 100% Digitization Across All Procurement Processes

Procurement and Supply Chain Management
in Financial Services

 

In the last decade, financial regulation has grown tremendously with restrictive capital requirements, stricter risk management obligations and new data privacy laws. Abiding by this broad regulation corpus is not an option anymore, failing to do so jeopardizes the core business.

Procurement, as a major gateway to third parties, is a key stakeholder in protecting the business from third-party risk. However, leading procurement teams do not solely see suppliers as a source of cost savings and risk mitigation. They also view them as a key component to improve business performance, innovation, sustainability and diversity. They leverage them to reinvent their business model, satisfy rising customer expectations and fight back the intensifying global competition.

Ivalua provides a market-leading solution that Procurement can leverage to both secure compliance and bring more value to the business.

Leading Financial Institutions Rely on Ivalua to
Transform their Procurement Processes

Want to Generate Value and Minimize Risk?

Connect with Ivalua

Digital Transformation for Financial Services Procurement

Risk Center of ivalua platform

Mitigate Supplier Risk and Ensure Compliance

  • Build a compliant Source-to-Pay process accounting for FRB & EBA guidelines on outsourcing
  • Know Your Supplier (KYS) inside out with 360-degree information
  • Proactively manage supplier & sub-contractor risk & performance
  • Satisfy auditing & reporting requirements from supervisory bodies
Sourcing supplier dashboard on Ivalua

Create Lasting Value with Supplier and Category Management

  • Strategically manage categories to create value beyond savings
  • Collaborate closer with suppliers on innovation and regulations
  • Infuse corporate sustainability goals and objectives into supplier and category management
  • Track and report on planned and actual performance
Catalog Search

Effectively Capture Value with 100% Digital Procure-to-Pay

  • Delight employees with a modern buying experience
  • Improve compliant spend
  • Onboard all suppliers to enable digital transactions
  • Ensure globally standardized processes while accommodating local needs
Services Catalog Search

Manage Services Spend and Secure the Best Talent

  • Help to bridge the talent gap with sufficient supply
  • Maximize purchasing policy compliance
  • Bulletproof contracting process to mitigate misclassification
  • Ensure your quality standards are met
  • Anticipate renewals
We have a strong partnership with Ivalua and continue to generate value. With Ivalua we have achieved 100% digitization across all procurement processes and have been able to capture a tremendous amount of savings.
Sylvie Robin Romet Chief Procurement Officer, Credit Agricole

The Analysts Agree - Ivalua is a Leader

LEADER
gartner-logo

Magic Quadrant for
Procure-to-Pay Suites 2020

 

gartner procure-to-pay
LEADER
forrester logo

Forrester Wave™:
eProcurement Platforms
Q4 2019

forrester wave eprocurement report Q4 2019
LEADER
forrester logo

Forrester Wave™:
Source-To-Contract Suites
Q4 2019

forrester wave report Q4 2019
LEADER
forrester logo

Forrester Wave™:
Supplier Risk & Performance Management Platforms
Q3 2020

forrester wave report Q3 2020

The Value of a Complete, Unified Source-to-Pay Suite

Learn More
  • Digitize All Processes
  • Manage All Spend Categories
  • Improve Transparency & Data Quality

Are You Ready to Create a Competitive Advantage
by Transforming Your Financial Institution?

Connect with Ivalua