Supplier Management

All your supplier information, risk and performance in one place

Suppliers are the key to it all.

Collaborate with them to get accurate information, assess risk and improve performance while informing all procurement activities.

With the right team and the right technology, true digital transformation is possible. Ivalua’s platform empowered us to realize virtually 100% paperless procurement and account payable processes. The ease of use and supplier friendly model delivered rapid value, and the flexibility helped bring our talent’s best ideas to life to build a competitive advantage.

Supplier Information Management

Let supplier information help, not hurt

Simple, quick onboarding Supplier self-registration, qualification, and onboarding in no time.
Collect and validate information Let your suppliers provide you with the information you need including certifications, qualifications, financials and more.
Segmentation and approval Supplier segmentation and configurable workflow for changes and updates.
Supplier Portal Free access to a robust portal with complete profile, information and transaction management capabilities.

Risk Center

A central console providing an integrated and actionable view on risk

Assess risk factors important to you Leverage supplier risk scorecards and dashboards incorporating internal and external to have a 360-degree view across all supplier activity, information and risk factors.
Proactive mitigation Set up business rules and metrics to ensure teams are notified about high risk suppliers early in the process.
Campaign management Save valuable time by automating information collection campaigns at the supplier or contract level.
Incorporate 3rd party data Integrate different source of external risk data to get the complete picture. For example, Dun & Bradstreet, ecovadis, risk methods, Bureau Van Dijk.

Issues Management

Track and resolve issues across all supplier activities

Focus on high priority issues Quickly resolve issues such as deliveries, invoices or non-compliance to SLA’s
Fast resolution Verify follow-up actions and review required documents with validation workflow.
Real-time tracking Receive team notifications and real-time alerts on issues and resolutions.

Improvement Plans

Work closely with suppliers to improve performance

Collaborate and improve Provide metrics and transparency to your suppliers from performance evaluations, exceptions or issues in order to collaborate on solutions.
Visibility and accountability Gain visibility and report on key metrics shared between business stakeholders and suppliers. Assign actions and track ongoing status.
Project management Project management functionality for complex improvement plans and access to previous projects.

Vendor Master Data Management

Fix it, once and for all

Single source of truth Use Ivalua to capture and maintain clean and accurate supplier master data across your business. Feed your ERP(s) clean data.
Cleanse your supplier data across all ERPs Smart deduplication and merge capabilities to so you can work with clean data in any source-to-pay process.
Keep it up to date Powerful and configurable change request process and audit trail for your supplier’s records.

Supplier Management

Balancing Speed and Risk Oversight with Supplier Onboarding

360-degree view of supplier information and activity

Supplier and operational risk assessment and action

Single source of truth for supplier data

Suppliers are the key to it all.