Ivalua Strategic Payments
Transform supplier payments to become the customer of choice
See Ivalua's Strategic Payments Solution in Action
Ivalua Payments streamlines cross-border & domestic payments to deliver operational transparency with real-time updates that rebuilds supplier trust and reduces inquiries. All this maximizes the buying power of procurement, turning you into the customer of choice.
How Can You Bridge the Gap between Procurement & Finance?
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Reduce Errors & Fraud
Approximately 1% of spend is prone to manual errors or fraud, by embedding payments within the P2P journey the opportunity for fraud is removed with a transparent chain back to the buyer.
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Lower Ownership Costs
By enabling suppliers to manage their own Account information within the Ivalua Self-Service Portal rather than in the ERP organizations can save up 50% of their data management costs.
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Cut Supplier Inquiries
Around 10% of Supplier inquiries relating to payments, by embedding real-time settlement information within the Ivalua Self-Service Portal these inquiries become a thing of the past.
The Power of Seamless Invoice Payments
As supply chains become more fragile, it’s time to stand out from the crowd and turn your supplier payments into a competitive advantage. Your current ERP payment process is a complex ‘Blackbox’ that can damage supplier trust and block commercial innovation. It’s time to become the customer of choice with seamless supplier payments from Ivalua.
Turn supplier payments into a procurement tool to negotiate better pricing, reach new levels of invoice automation and slash supplier inquiries. Ultimately, by using supplier liquidity, procurement can turn an organization into the customer of choice for key suppliers. Giving you access to the latest innovations, securing supply and even getting the best price.
Turn Payments into Bottom Line Savings
- Cut supplier inquiries by providing real-time payment status and reconciliation information against every invoice and payment
- Provide end-to-end transaction tracking, which ensures that every payment has a thread back to the original procurement source (supplier, buyer, order, or contract)
- Deliver next-day B2B payments unlocking the best price or supplier discounts while gaining greater control over your cash
Security Through Transparency
- Eliminate multiple duplication checks within one transparent flow that blocks invoice and payment replication during the process, saving time & cutting costs
- Reduce the opportunity for fraud by removing the cracks in the process that appear as the transaction moves between systems into the ERP or out to the bank
- Streamline the process to capture of payment discounts almost instantly, maximizing the available discount opportunity from every supplier – globally
Cut the Cost of Payments
- Next-day supplier payments for cross-border & domestic suppliers
- Ensure financial control with multiple approval layers and two-factor authentication
- Real-time supplier & in-house bank account validation and setup workflow
- Consolidated B2B payments across multiple invoices with full reconciliation
- Capture supplier discounts with a fully integrated early settlement solutions
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Control Financial Performance
Streamlines the whole Accounts Payable journey, with one flow for cross-border & domestic supplier payments linked directly into Ivalua Invoicing
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Create Operational Transparency
Unlock the power of partial supplier payments and reconciliation to maximize buying power without losing control
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Maximize Procurement Power
Turn cash into competitive advantage by using the payment to secure supply of premium commodities by releasing supplier liquidity
Ready to Transform your Organization's Payment Process?
Contact Sales
Ivalua Partners With TransferMate To Eliminate The Financial Friction From Cross-Border Trade
Global Supplier Payments
– Remove Cumbersome Processes
– Smooth Delays
– Cut Payments Costs