Let your contracts inform you
Contract & Clause repository
Find the contracts you need, including PDFs, and manage contract hierarchies and parent/child relationships.
Stay informed of key milestones
Manage contract commitments and milestones in one contract management lifecycle tool and get reminders as critical renewal or expiration dates approach.
Generate valuable reports
Manage and report on key negotiated terms of your contracts and track compliance at the line level on requisitions, orders and invoices.
Give suppliers visibility
Enable suppliers to see red lines and approved contracts along with the products and invoices against those contracts.
Price List & Catalogs
Collaborative with suppliers to ensure users find what they need
Accurate items and prices
You or your supplier can create and manage catalogs while always ensuring accurate pricing and zero errors for both products and services.
Supplier managed catalogs
Let your suppliers ensure that their products and services are up-to-date.
Compare item prices and use workflow approval prior to including in the catalog.
Capture indirect and services spend
Manage items, promotional and preferred as well as services definitions, rate cards and job profiles.
Assets & Tooling
Track locations, usage, depreciation, maintenance and decommissioning of key assets
Gather all asset information
Capture asset numbers, pictures, labels and other meta-data points.
Track depreciation, maintenance and usage of your key assets.
Monitor third-party usage
Link directly to suppliers or contractors who are in physical possession of key assets.
Know wear and tear on tools
Associate tooling to the individual parts they are used to manufacture (including volumes per month that may drive wear and tear on the tooling).
Item and Service Master Data
Use a single primary record as the source of truth for item creation and maintenance
One source of truth
Use Ivalua's Contract Management system as the primary master source of truth for item & service data across your enterprise.
Capture and maintain
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.
Transparency and visibility
Easily sync and update item & service master data between the Ivalua primary record and multiple other secondary tables in ERP and legacy systems, by using our robust data administration features.
Share forecasts digitally with suppliers
Share demand forecasts
For one or several materials from your MRP system with your suppliers
Secure your supply chain needs
Enable digital collaboration between buyer and supplier to secure volumes required per period (week/month/quarter)
Preempt potential supply chain disruptions
Confirm suppliers’ capacity to meet demand at a line item level, identify potential disruptions and take action