Ivalua vs Tradogram

Last Updated:

Our analysts compared Ivalua vs Tradogram based on data from our 400+ point analysis of Procurement Software, user reviews and our own crowdsourced data from our free software selection platform.

Product Basics

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.
read more...
Tradogram is a comprehensive procurement management software designed to streamline and enhance the procurement process for businesses of all sizes. It is particularly well-suited for organizations looking to gain better control over their spending, improve supplier relationships, and automate procurement tasks. One of the key benefits of using Tradogram is its ability to provide users with a clear and detailed view of their procurement activities, enabling more informed decision-making. The software boasts popular features such as purchase order management, supplier management, and spend analysis, which collectively contribute to a more efficient and cost-effective procurement process. When compared to similar products, users often highlight Tradogram's user-friendly interface and the flexibility it offers in customizing the platform to meet specific business needs. Pricing considerations for Tradogram typically involve a range that accommodates various business sizes, with payment options that may include monthly or annual subscriptions, ensuring that businesses can select a plan that best fits their budget and procurement volume.
read more...
$150,000 Annually
Get a free price quote
Tailored to your specific needs
$168 Monthly, Freemium
Get a free price quote
Tailored to your specific needs
Small 
i
Medium 
i
Large 
i
Small 
i
Medium 
i
Large 
i
Windows
Mac
Linux
Android
Chromebook
Windows
Mac
Linux
Android
Chromebook
Cloud
On-Premise
Mobile
Cloud
On-Premise
Mobile

Product Assistance

Documentation
In Person
Live Online
Videos
Webinars
Documentation
In Person
Live Online
Videos
Webinars
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support

Product Insights

  • 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. 
read more...
  • Cost Reduction: Tradogram helps businesses significantly reduce costs by streamlining procurement processes, enabling better negotiation with suppliers, and minimizing unnecessary purchases through improved spend visibility.
  • Enhanced Spend Visibility: It offers comprehensive insights into company spending patterns, allowing for more informed decision-making and strategic financial planning.
  • Supplier Management: Simplifies the management of supplier information, performance, and relationships, ensuring that businesses can easily access and evaluate critical data to make better sourcing decisions.
  • Process Efficiency: Automates routine procurement tasks, from requisition to purchase order creation, reducing manual errors and freeing up staff time for more strategic activities.
  • Compliance and Control: Enforces compliance with company purchasing policies and external regulations, minimizing the risk of fraud and ensuring financial integrity.
  • Scalability: Adapts to the growing needs of a business, supporting everything from basic procurement operations to complex, multi-layered processes without the need for significant changes to the system infrastructure.
  • Collaboration Improvement: Facilitates better communication and collaboration between departments and with suppliers, streamlining the procurement process and improving overall operational efficiency.
  • Risk Management: Helps identify and mitigate risks associated with supplier reliability and contract compliance, protecting the business from potential disruptions and financial losses.
  • Data-Driven Decisions: Provides actionable insights through detailed analytics and reporting features, enabling businesses to make data-driven decisions that improve procurement outcomes.
  • Customization and Flexibility: Offers a high degree of customization to fit the unique needs of each business, ensuring that the software can adapt to various procurement strategies and processes.
read more...
  • 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. 
read more...
  • Multi-Level Management: Access a flexible, intuitive and personalized multi-level management tool that helps connect different departments across various locations all under one roof. Configure a collaborative administration dashboard to create and categorize departments and manage and track workflows while granting access levels to managers and users. 
  • User Permissions: Delegate user roles with customizable permissions granting personalized access to a dashboard. Automate reports, enable notification alerts, and manage and review purchase orders. Verify account details and confirm orders before setting up automated integrations for the accounts payable process. 
  • Supplier List: Create, categorize and organize a master supplier list within a centralized database. Onboard suppliers without an existing account and evaluate their performances based on supplier ratings. 
  • Catalog: Create, import, organize and track orders based on an item master list for a streamlined workflow. Manage databases, add external items and first-time item orders during order creation, and link shopping carts using punch-out enabled technology. 
  • Approval: Eliminate irregular expenditures by configuring a customizable hierarchical approval workflow. Enable instant automatic notification alerts for approvals and exempt specific users from certain approval rules. 
  • Budget: Create budget levels and track company-wide expenditures, allowing visibility on all levels. Categorize budgets, manage project costs and limit excessive purchases by enabling automated notifications. 
  • Inventory: Track stock levels, set up reorder threshold points and create purchase orders for requisition orders. Update inventory by booking in received stock. 
  • Report Builder: Access an intuitive UI that helps generate customizable reports based on items, suppliers, locations, purchase order categories, document types and more. Automatically compile reports to help track orders at every stage. Analyze and access complete spend visibility in real time while granting limited control to each member to review spend reports. 
  • Requisitions: Create multi-purpose requisitions which can be routed through supervisors for approval before getting turned into purchase orders. Access and track order requirements from a single, centralized dashboard. 
  • Purchase Orders: Create, track, manage and set order approvals for purchase orders to limit extra spending and maximize procurement control. Access a centralized database and use filtered searches to gain full visibility and sort through orders based on required preference. 
  • Requests: Add item details from an external list or database and save request forms in both RFQ and RFP formats. Create and track single-format requests to suppliers in real time. 
  • Delivery Tracking: Organize delivery details, keep track of delivered orders and update them in the system automatically. Enable notifications in case of delayed delivery to maintain transparency between vendors and suppliers. 
  • Invoices: Create, match and sync multiple invoice entries to ensure a three-way match for all orders. Integrate with accounting software, like Oracle and QuickBooks, to incorporate general ledger details in the invoice process. 
  • Expenses: Draft and create expense reports while making customizable approval workflows in an expenditure tracking database. 
  • Contracts: Plan, create, store and manage various contracts to minimize expenses. Use filtered searches to sort and track based on expiry date, category, supplier, location and more. 
  • Instant Messaging: Enable notifications to access real-time responses and streamline communication within a unified database. Allow live collaboration between users and suppliers before finally passing it off for approval. 
read more...

Product Ranking

#9

among all
Procurement Software

#71

among all
Procurement Software

Find out who the leaders are

Analyst Rating Summary

85
79
75
75
88
70
100
83
Show More Show More
Dashboard and Reporting
Platform Capabilities
Platform Security
Sourcing
Supplier Management
Mobile Capabilities
Platform Capabilities
Sourcing
Requisitions
Purchase Orders Management

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Ivalua
Tradogram
+ Add Product + Add Product
Budget Management Contract Management Dashboard And Reporting Invoice Management Mobile Capabilities Native Integration And Extensibility Platform Capabilities Product Catalog Purchase Orders Management Receiving And Inventory Management Requisitions Sourcing Spend Management Supplier Management 75 88 100 86 80 90 100 90 86 61 90 100 88 100 75 70 83 54 100 75 100 77 90 69 92 100 77 85 0 25 50 75 100
75%
0%
25%
75%
0%
25%
90%
0%
10%
70%
0%
30%
100%
0%
0%
83%
0%
17%
89%
0%
11%
56%
0%
44%
80%
0%
20%
100%
0%
0%
86%
0%
14%
71%
0%
29%
100%
0%
0%
100%
0%
0%
90%
0%
10%
70%
10%
20%
83%
0%
17%
92%
0%
8%
58%
0%
42%
69%
0%
31%
85%
0%
15%
85%
0%
15%
100%
0%
0%
100%
0%
0%
90%
0%
10%
80%
0%
20%
100%
0%
0%
85%
0%
15%

Analyst Ratings for Technical Requirements Customize This Data Customize This Data

67%
0%
33%
33%
0%
67%
100%
0%
0%
83%
0%
17%

User Sentiment Summary

Excellent User Sentiment 96 reviews
Excellent User Sentiment 61 reviews
92%
of users recommend this product

Ivalua has a 'excellent' User Satisfaction Rating of 92% when considering 96 user reviews from 3 recognized software review sites.

90%
of users recommend this product

Tradogram has a 'excellent' User Satisfaction Rating of 90% when considering 61 user reviews from 2 recognized software review sites.

n/a
5.0 (4)
4.1 (18)
n/a
3.8 (6)
4.48 (57)
4.8 (72)
n/a

Awards

SelectHub research analysts have evaluated Ivalua and concluded it earns best-in-class honors for Supplier Management. Ivalua stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award
Supplier Management Award

SelectHub research analysts have evaluated Tradogram and concluded it earns best-in-class honors for Mobile Capabilities. Tradogram stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award
Mobile Capabilities Award

Synopsis of User Ratings and Reviews

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.
Show more
Streamlined Sourcing: Tradogram simplifies the sourcing process by automating tasks like vendor discovery and RFx management, saving procurement teams valuable time and effort.
Enhanced Visibility: The platform provides real-time insights into spending patterns and supplier performance, enabling data-driven decision-making and improved cost control.
Collaboration & Communication: Tradogram fosters collaboration between procurement teams and suppliers through a centralized communication hub, streamlining negotiations and contract management.
Risk Mitigation: The platform's risk management tools help identify and mitigate potential supply chain disruptions, ensuring business continuity.
Show more
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.
Show more
Limited Customization: Tradogram's pre-configured modules might not fully align with the unique workflows and approval processes of every organization, potentially leading to inefficiencies or workarounds.
Learning Curve: The platform's extensive features and functionalities could present a steep learning curve for new users, requiring additional time and resources for training and onboarding.
Integrations: Seamless integration with existing ERP or financial systems might require additional configuration or development effort, potentially impacting implementation timelines and costs.
Show more

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.

Show more

Tradogram, a comprehensive procurement software solution, has attracted considerable attention in the market. Users frequently highlight its user-friendly interface and intuitive design, enabling effortless navigation and quick adoption for teams. The platform's robust reporting and analytics capabilities empower users with valuable insights into spending patterns, supplier performance, and overall procurement efficiency. This data-driven approach facilitates informed decision-making and optimization of procurement processes. Additionally, Tradogram's seamless integration with various enterprise resource planning (ERP) and accounting systems streamlines data flow and eliminates manual data entry, saving time and reducing errors. While Tradogram offers numerous advantages, some users note that its customization options could be more extensive to cater to specific industry or organizational needs. Furthermore, the initial setup and configuration process may require some technical expertise, potentially posing challenges for users with limited IT resources. Despite these considerations, Tradogram's strengths in user experience, reporting, and integration make it a compelling choice for businesses seeking to enhance their procurement operations. The software is particularly well-suited for mid-sized to large organizations with established procurement processes and a desire to leverage technology for greater efficiency and cost savings. Its ability to centralize procurement data, automate tasks, and provide actionable insights empowers procurement teams to make strategic decisions and optimize their supply chain management.

Show more

Screenshots

Top Alternatives in Procurement Software


Basware P2P

BirchStreet

Coupa Procurement

GEP SMART

JAGGAER ONE

Oracle Procurement Cloud

Precoro

Procurify

Proqura

SAP Spend Management

Synertrade

Tradogram

Workday Spend Management

Zycus

Related Categories

Head-to-Head Comparison

WE DISTILL IT INTO REAL REQUIREMENTS, COMPARISON REPORTS, PRICE GUIDES and more...

Compare products
Comparison Report
Just drag this link to the bookmark bar.
?
Table settings