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Ivalua Source-to-Pay

Ivalua Source-to-Pay

Overview

What is Ivalua Source-to-Pay?

Ivalua is a procurement software solution built around features such as supplier management, strategic sourcing, and full cycle automation from demand to fulfillment.

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Recent Reviews

TrustRadius Insights

Ivalua is a cloud-based procurement platform that offers buyers unified source-to-pay capabilities. Users have had positive experiences …
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Pricing

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What is Ivalua Source-to-Pay?

Ivalua is a procurement software solution built around features such as supplier management, strategic sourcing, and full cycle automation from demand to fulfillment.

Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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What is SAP Concur?

SAP Concur is a SaaS expense report management product, and handles corporate travel booking, expense report automation, reimbursement, audit, and business intelligence, and corporate card integration.

What is Expensify?

Expensify automates the entire spend management process. Scan receipts, track mileage, submit and approve expenses, manage corporate cards, reimburse employees, pay bills, send invoices, and book travel. Built for individuals and companies of all sizes, anywhere in the world.

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Product Details

What is Ivalua Source-to-Pay?

Ivalua’s definition of the source to pay process is presented as a value-generating cycle where businesses can:

  • Identify value by understanding spend and the source-to-pay process
  • Create value by effectively executing sourcing strategies
  • Capture value with contracts and compliant buying and invoicing
  • Monitor and measure value with accuracy around information, risk and performance
All spend and suppliers, in a single platform connecting the complete source-to-pay process internally and across the supplier base with a layer of analytics across the process with a consistent user experience.

Ivalua aims to enable businesses to get up and running rapidly anywhere along the source to pay process and power the complete digital transformation of Procurement when the organization is ready for it.

Ivalua Source-to-Pay Features

  • Supported: Source-to-Contract
  • Supported: Supplier Risk and Performance Management
  • Supported: Procure-to-Pay
  • Supported: Spend Analysis

Ivalua Source-to-Pay Competitors

Ivalua Source-to-Pay Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationNo
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Comparisons

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Reviews

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

Ivalua is a cloud-based procurement platform that offers buyers unified source-to-pay capabilities. Users have had positive experiences with Ivalua because of its user-friendly interface. They also appreciate Ivalua's analytics module and reporting capabilities. When it comes to benefits derived from the product, customers find they could centralize information about supplies and products into a single source of truth.

However, there are some drawbacks and limitations that users experience when using this platform. Some customers have encountered technical glitches in the initial stages of implementation, making the process difficult at times. Additionally, some customers have found the sourcing module confusing, and template issues can cause implementation delays.

Overall, customers have had mostly positive experiences with Ivalua due to its features, such as digitization of purchase orders and invoicing, e-auctions, vendor management, invoice processing, powerful search capabilities, and customization options. However, more improvements could be made on aspects related to templates and usability of certain modules, like sourcing, for improved customer satisfaction.

Users have generally had a positive experience with Ivalua. Customers praised its flexibility, user-friendliness, customizable UI, and analytics module. Additionally, customers found it beneficial in terms of its e-auctions, RFP creation, spend analysis, and interlinkage between ERP modules. However, customers also revealed some drawbacks, such as fewer templates available for e-auction, difficulty integrating with existing platforms, and technical glitches during initial implementation.

• User-friendly and flexible: Customers report that Ivalua is easy to use, configure, and has great reporting capabilities.

• Cloud-based procurement platform: Ivalua offers users the ability to conveniently access their source to pay software from anywhere.

• Spend analysis: Customers have had positive experiences with Ivalua's excellent insights analytics and spend analysis features.

• Lack of Templates for E-Auction: Some customers feel that the number and variety of templates available for e-auctions is limited, making it difficult to customize them according to their needs. • Difficulty Integrating Existing Platforms: Some customers have reported issues with integrating existing platforms, such as ERP systems, into Ivalua. • Cumbersome Ticketing System: The ticketing system provided by Ivalua can be confusing and hard to navigate for customers who are not familiar with or used to using it. • Technical Glitches in Initial Implementation: Some customers have reported that they faced multiple technical glitches while implementing the software initially; this has caused frustration and delays in the process.

Users have provided several recommendations for Ivalua based on their experiences with the e-Procurement Platform. The most common recommendations are as follows:

  1. Avoid using Ivalua if the client has a SAP backed system due to integration issues.
  2. Use Ivalua to enhance the ERP software experience and explore more features in P2P at a reasonable price.
  3. Consider Ivalua as an excellent solution for sourcing, contracting, buying, and managing services spend and suppliers.

Overall, users suggest being cautious about integration with SAP but highlight the potential benefits of using Ivalua to enhance ERP software experience and optimize procurement processes.

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