Ivalua Buyer is a powerful procurement software aimed at large enterprises seeking to optimise their sourcing, purchasing, and supplier management processes. With robust spend analysis, strategic sourcing, and contract management features, Ivalua Buyer stands out as a comprehensive solution for mastering procurement complexities and driving cost savings.

What are the main features of Ivalua Buyer?

Enhanced Spend Analysis

Ivalua Buyer offers live, detailed insights into spending patterns that can inform smarter purchasing decisions. This feature aids in identifying savings opportunities and rationalising suppliers.

• Real-time data visualisation: Immediately see where your money is going and make timely, informed decisions.
• Custom reporting: Tailor reports according to your organisation's specific needs to surface actionable insights.
• Spend categorisation: Organise expenditures by category to easily spot trends and discrepancies.

Strategic Sourcing

Leverage advanced sourcing to enhance procurement strategies. The software facilitates every sourcing event from RFX to supplier selection, ensuring value-driven results.

• Advanced RFX Management: Manage Request For Quotations, Proposals, and Information via an integrated platform.
• Supplier evaluation and scoring: Use criteria-based assessments to qualify suppliers efficiently.
• Automated workflows: Streamline approvals, negotiations, and awards to reduce cycle time.

Contract Lifecycle Management

Streamline the contract process from creation to compliance. Ivalua Buyer enables organisations to efficiently manage and oversee supplier contracts.

• Automated contract creation and approval: Simplify contract drafting and expedite agreement approvals.
• Repository and search functionality: Easily store and retrieve contracts with an intuitive, comprehensive repository system.
• Renewal and obligation tracking: Never miss a renewal deadline or compliance check with automated alerts.