
Balancing Cost and Third-Party Risk Management
In the last decade, regulations within the financial services industry have become more stringent and complex. Staying on top of these obligations and addressing the effects of subsequent economic downturns can be challenging. Now–more than ever–Procurement teams are tasked with balancing resource-intensive processes around third-party risk management, delivering on cost reduction initiatives, and making progress with their sustainability and diversity programs.
Procurement: Unlock Greater Value for Financial Services
Through Ivalua’s industry-leading solution, companies can protect against third-party risks, manage and reduce costs, while taking advantage of innovative solutions that foster sustainability and diversity – all designed to help your team thrive in an ever intensifying global economy.
Financial Institutions around the Globe Trust Ivalua to Revolutionize their Procurement Operations and Maximize Efficiency

Streamline, Automate & Manage Your Third-Party Risk Program
- Know third-parties inside out with 360-degree information, assessments & risk scorecards.
- Effective and automated due diligence by supplier segment
- Proactively manage supplier & subcontractor risk & performance
- Satisfy auditing & reporting requirements from regulatory bodies (e.g., DORA)
Create Value with Supplier & 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


Capture More Value Digital with Buying Channels
- Create a modern buying experience
- Improve on-contract spend across all indirect categories
- Onboard all suppliers to enable digital transactions
- Ensure globally standardized processes while accommodating local needs
Manage Services Spend and Secure the Best Talent
- Bridge the talent gap with sufficient supply
- Maximize purchasing policy compliance
- Strengthen the contracting process to mitigate misclassification
- Ensure 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 capture a tremendous amount of savings.

Sylvie Robin Romet
Chief Procurement Officer
Crédit Agricole

THE ANALYSTS AGREE – IVALUA IS A LEADER
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