Spend Matters 50/50: Ivalua – A Provider To Know in 2015

100 companies - 100 days

We announced here and here our two (not ranked) lists: Spend Matters 50 To Know and 50 To Watch firms for 2015/2016. In the first case, this is our view of the 50 solution provider type organisations in the procurement industry that every senior procurement leader should be aware of and understand. The 50 To Watch are the up-and-coming firms  - those with interesting and relatively new solutions for our market. The 50 To Know are the key organisations in our industry that procurement executives need to have on their radar.

Having announced the lists, our US colleagues are now featuring each of the 100 firms in turn with an article giving an overview of each, with some headline Spend Matters thoughts on them. So on this site we will be giving you a brief extract of the US article, plus adding our own comments where we have anything useful to add from a European perspective. Sometimes we do, sometimes we don’t!

Here is what our US colleagues had to say about Ivalua.

"Ivalua is a unique suite provider in the procurement technology market – but in more ways than one. From a solution perspective, on the one hand, Ivalua is the natural heir apparent to Ariba Buyer in the procure-to-pay sector. Here, the provider brings a level of SaaS-based suite configurability that is sufficient to replace customized CD e-procurement implementations in all but the most complex of scenarios. But on the other modular hand, Ivalua also brings broader, and sometimes esoteric, suite depth in such areas as project and program management – in addition to sourcing, contract management, supplier management and other areas."

And our view? The firm was founded in France, so not surprisingly, that is a strong market for the firm. Perhaps surprisingly, their main expansion route was then the US rather than other European countries, so for instance it is only recently that the firm has appointed a senior executive to develop the UK market. Assuming the commitment is serious and steady, there is no reason why Ivalua can't become a serious player throughout Europe given their strong technological capability and scope.

You can read more detail from the Spend Matters US team here

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