Additional Solutions

Add-On Capabilities to Extend Your Procurement Platform

The Ivalua Platform offers a number of additional solutions that work seamlessly with our other Ivalua solutions. With the same user experience and integration, these valuable solutions can address common pain points across the Source-to-Pay process.

Additional Solutions

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Issues Management & Collaboration Plans

  • Easily identify, gather, and resolve supplier related issues 
  • Establish risk mitigation, innovation, performance improvement plans 
  • Track progress in real-time with alerts and notifications
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Vendor Master Data Management

  • Centralized integrated source of all master data for suppliers to populate all relevant systems
  • ERP Integration Flexibility
  • Smart Deduplication and Merge Capabilities
  • Robust tools to cleanse and deduplicate master data
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Item and Service Master

  • Manage Features and Options for complex items/services
  • Create a single Item Master across all systems
  • Maintain multiple data descriptions
  • Integrate with ERP Material Master and legacy systems
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Savings Tracking

  • Set budget plans and saving objectives
  • See an aggregated view of progress towards objectives
  • Enforce project management structure and processes to manage tasks, dependencies, and timing
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Program Management

  • Establish programs by type, organization/geography, and commodity
  • Create a task-level project Gantt chart from scratch or use existing project templates
  • Track project activity and transactions across S2P
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Assets & Tooling

  • Capture asset number, picture, labels, and other meta-data
  • Track depreciation, maintenance, and usage
  • Link suppliers or contractors who are in physical possession of the asset
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Contract Data Capture

  • Reduce contract cycle time and accelerate review of 3rd party paper
  • AI-Powered clause segmentation and classification
  • AI-Powered key term extraction
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Budget Tracking

  • Manage budgets by fiscal year, cost center, organization, project, etc.
  • Easily import and load budgets from the financial system and configure a chart of accounts
  • Conduct budget-line spend analysis based on progress
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Advanced Services Procurement

  • Leverage all talent channels, accelerate selection process, and match candidates
  • Speed up talent on/offboarding, ensure compliance, and secure the re-engagement process
  • Monitor cost and project cadence in real-time
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Invoice Data Capture

  • AI-Powered invoice data identification and extraction
  • Editable Coding Rules
  • Invoice Coding from PDF or Image
  • Supplier-side coding
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Expenses

  • Embed expense management into the AP journey
  • Automate the flow of expense reports into Accounts Payable
  • Ensure policy compliance at submission time
  • Link expenses to corporate p-card transactions
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Early Payments

  • Create multiple sliding scale early payment programs
  • Enrolled suppliers may select approved invoices and offer discounts
  • Gain visibility of working capital savings for the buyer

Related Resources

Maxim Customer Story

Accelerated Supplier Enablement and Invoice Automation

P2P Leader

Ivalua Recognized as a Leader In the Gartner Magic Quadrant for Procure-to-Pay Suites 2022

Purchase-to-Pay Performance Study

Results from The Hackett Group’s Annual Benchmark Study