Public Sector

Governments and agencies at all levels are facing tremendous pressure to maintain or improve services in the face of budgetary pressures. Rising entitlement and pension costs, growing taxpayer expectations and new requirements increase the challenge each year.

Public procurement / acquisition officials at the national, state and local levels are ideally positioned to help and can see the results being driven by peers in the private sector. Yet they face unique challenges. Outdated technology, increasing workload combined with lower staffing levels, poor data, difficulty identifying stakeholder requirements and extensive regulatory and legislative requirements all hinder progress and create frustration.

Ivalua for Public Sector

With Ivalua, Public Procurement / Acquisition teams can finally bring private sector best practices to the public sector to maximize taxpayer value. Ivalua’s platform combines the best-of-breed capabilities leveraged by hundred’s of the world’s leading companies with the flexibility and experience to meet the unique requirements of the public sector. Together, we can:

Reduce costs / increase value for budget
- All spend categories – mission oriented, commercial products and services
- Public RFX
Reduce cycle times & increase efficiency
- End-end procurement / acquisition process automation
- Services procurement using rate cards and profiles/li>
- Electronic invoicing and payables
Improve collaboration w/suppliers and stakeholders
- Integrated project management and document sharing
- Powerful, configurable workflow
- Flexible questionnaires
- Segment supplier self-registration and onboarding
Ensure transparency & control
- Real time spend data and reporting
- Federated procurement model
- Supplier 360 degree visibility
- Risk and performance scores and templates

We really changed up our strategic sourcing methodologies and we adopted a new public procurement standard, allowing for better decision making and deeper engagement with vendors.