Ivalua Reviews & Pricing

by Ivalua | Founded 2000, Redwood City, CA

REQUEST WITH NO OBLIGATION$ Request Pricing Get Free Demo

Overview Pricing Benefits Reviews Features

Categories:

What is Ivalua?

Industry Specialties: Aerospace and defense, automotive, construction and engineering, financial services, healthcare, manufacturing, oil, gas and energy, public sector, retail, telecommunications

Ivalua is a comprehensive software solution designed to streamline procurement processes for organizations. It is particularly well-suited for large enterprises and organizations looking to optimize their procurement and supply chain operations. One of the key benefits of Ivalua is its ability to provide a centralized platform for managing procurement tasks, which helps in enhancing efficiency and reducing costs. The software is popular for features such as supplier management, contract management, and spend analysis, which collectively contribute to making informed purchasing decisions. When compared to similar products in the market, users often highlight Ivalua's user-friendly interface and the flexibility it offers in customizing the platform to meet specific organizational needs. Pricing considerations for Ivalua typically involve a subscription model, which may vary based on the size of the organization and the specific features required, making it important for potential users to inquire directly for tailored pricing information.

PRICE

COMPANY SIZE

DEPLOYMENT

PLATFORM

Try Before You Buy.

Request a Free Demo Today!

Request Demo

It's completely free!

User Sentiment

Based on 96 reviews:

Add your rating:

Product Screenshots and Videos

Ivalua Pricing

Based on our most recent analysis, Ivalua pricing starts at $150,000 (Annually).

Get Price Quote

Price: $
$
$
$
$

i
Starting From: $150,000
Pricing Model: Annually
Free Trial: Yes, Request for Free

Training Resources

Ivalua is supported with the following types of training:

Documentation
In Person
Live Online
Videos
Webinars

Support

The following support services are available for Ivalua:

Email
Phone
Chat
FAQ
Forum
Help Desk
Knowledge Base
Tickets
Training
24/7 Live Support

Ivalua Benefits and Insights

Why use Ivalua?

Key differentiators & advantages of Ivalua

Simplified Integrations: Maintain complete transaction transparency while seamlessly integrating with popular SAP and ERP systems and other web-based applications. Manage data and ensure a seamless workflow by automating integration processes.
Automate Tasks: Maximize supplier engagement by automating tasks and invoicing processes while aiming for high user adoption.
Improved Collaboration: Facilitate workflow-enabled, secure collaboration that helps unlock supplier-led innovation, improves sustainability and easily integrates with communication tools and other information sharing technologies.
Access Remotely: Utilize all the main features of the desktop version and connect to business operations, irrespective of location.

Industry Expertise

Caters primarily to small and medium-sized businesses. Serves organizations in all industries requiring external goods and services, including automotive, construction and engineering, food and beverage, health care, manufacturing, retail, and telecommunications.

Ivalua Reviews

Average customer reviews & user sentiment summary for Ivalua:

96 reviews

92%

of users would recommend this product

Synopsis of User Ratings and Reviews

Based on an aggregate of Ivalua reviews taken from the sources above, the following pros & cons have been curated by a SelectHub Market Analyst.

Pros

Source-to-Pay Digitization: Streamlines the entire procurement process, from sourcing and supplier management to contract management and invoicing, into a single digital platform.
Spend Visibility: Provides comprehensive insights into spending patterns, allowing for better cost control and identification of saving opportunities.
Supplier Management: Offers robust tools for onboarding, evaluating, and collaborating with suppliers, fostering stronger relationships and improved performance.
Contract Management: Simplifies contract creation, negotiation, and execution, ensuring compliance and mitigating risks.
Customization: Adapts to specific business needs and workflows, providing a tailored procurement solution.

Cons

Complex User Interface: The platform's interface can be overwhelming for new users due to its extensive features and functionalities. This complexity can lead to a steep learning curve and require significant training investment for effective adoption.
Customization Challenges: While Ivalua offers a high degree of customization, implementing and managing these customizations can be technically demanding. Organizations may require specialized IT expertise or external consultants to tailor the platform to their specific needs, potentially increasing implementation costs and timelines.
Reporting Limitations: Generating reports and extracting insights from data within Ivalua can be cumbersome. Users often find the reporting tools to be less intuitive and flexible compared to dedicated business intelligence platforms, making it challenging to gain comprehensive visibility into procurement performance.

Researcher's Summary:

Ivalua receives praise for its robust functionality and adaptability to complex procurement processes. Users appreciate its ability to handle intricate sourcing events, contract management, and supplier collaboration. Its strength lies in providing a comprehensive suite of tools that streamline procurement operations, from requisition to payment. However, some users note that Ivalua's extensive features can lead to a steeper learning curve, requiring dedicated training and support. Compared to competitors like Coupa and Jaggaer, Ivalua stands out with its focus on configurability and scalability, making it suitable for large enterprises with diverse procurement needs. This adaptability is crucial for organizations with global operations or intricate supply chains. Users highlight Ivalua's ability to integrate with existing ERP systems and its user-friendly interface as key differentiators. While the initial setup may require effort, the long-term benefits of a tailored procurement solution make Ivalua a worthwhile investment for organizations seeking to optimize their procurement processes and achieve cost savings.

Key Features

Source to Pay: Generate, observe and estimate value by internally connecting the S2P process for the complete operation. Cover all bases, from gaining maximum visibility to generating value, improving performance and developing a secure supplier base.
- Supplier Risk & Performance Management: Discover, onboard, manage and collaborate with suppliers to assign contracts while assessing risk data within a centralized, digitized space. Automate processes for real-time tracking to gain insights on categorized suppliers as per their risk types and resolve issues while following a streamlined workflow.
- Sourcing: Discover, track and source key suppliers and ensure contract compliance by accessing detailed insights using market research and contractual negotiations.
- Contract Management: Create, manage and negotiate contracts while collaborating across all facets and gaining maximum visibility. Access guided contract requests and automate processes by updating the contract repository.
- eProcurement: Digitize and optimize workflows, ensuring compliance while managing spend categories. Streamline purchase orders and update product catalogs while collaborating with suppliers. Control, manage and track budgets while analyzing real-time spend trends and data analytics.
- Invoicing: With features like one-click approvals, smart four-way matching and invoice automation, help create a streamlined invoicing process. Access eArchives for a lifetime reserve of invoices while seamlessly integrating into financial applications.
- Payments: Access real-time payment updates, transaction tracking and maximum visibility by enabling operational transparency in the supplier payment process. Minimize errors and frauds and grant B2B payments among cross-borders and domestic suppliers with full reconciliation.
- Spend Analysis: Generate personalized report analyses and ad-hoc and targeted KPIs to foster actionable insights. Access comprehensive reports and analytics based on sourcing, spend analysis, productivity, invoicing and accounts payable.
Procure to Pay: Eliminate inconsistent data, maximize visibility and reduce unusual spending by digitizing the P2P process. Experience touchless, four-way smart matching along with invoice automation.
Inventory Collaboration: Optimize and replenish stocks based on preset limits. Collaborate with suppliers and gain complete visibility across all inventory levels, from stock distribution to their locations.