SupplyChain Magazine March 2018 | Page 36

TECHNOLOGY

Ivalua helps hundreds of customers manage spend
“ IVALUA PROVIDES A comprehensive Source-to-Pay platform allowing companies to do more than just better manage spend , but also identify opportunities , negotiate and manage their contracts as well as pay for , order and manage their suppliers ,” says CMO , Alex Saric .
“ Technology addresses the full source of the pay platform and we deal with both the direct and indirect material , and even allow them to manage the master data integrated into the back-end system . It ’ s a very comprehensive solution for procurement and supply professionals .” It ’ s a solution which has seen Ivalua evolve rapidly since entering the North American market in 2011 where half of its global revenue is now generated .
“ A big milestone for us was when we entered Gartner ’ s Magic Quadrant in
36 March 2018