Ivalua
S2P is the end-to-end process that encompasses all the activities between an organization and its suppliers. It starts with identifying the right suppliers for a need, negotiating terms and contracting with them to receive goods and/or services. The last phase of the process includes invoicing and payment to suppliers. Source to pay includes strategic procurement activities such as spend analysis, sourcing, contract management and supplier management (which includes supplier information, risk and performance management) as well as downstream activities such as e-procurement, purchase orders, invoice automation and accounts payable and payment processes. Businesses use the Source-to-Pay process to reduce costs, monitor and lower risk, improve innovation, strengthen supplier relationships and much more. Ivalua’s source-to-pay platform digitizes the complete process across all spend categories and all suppliers.
Learn more
SpendHQ
Spend intelligence starts with good spend data. With most procurement data existing in disparate systems with inconsistent taxonomies and other errors, many companies struggle with bad data. SpendHQ optimizes up the entirety of your spend data ─ no matter where it lives ─ and delivers procurement-informed insights based on enhanced category management, contract compliance, supplier diversity, and more. It couldn’t be any simpler. SpendHQ takes all of your messy, raw spend data through our market-leading spend optimization process to ensure a minimum target of 97% spend categorization. Our innovative data approach incorporates AI and algorithm-based analytics built upon the over $5T in spend and 100MM unique vendor records we’ve categorized over the years. Built and backed by procurement experts, SpendHQ is the only spend intelligence platform that can inject deep expertise to help you discover, sustain, prove, and capture your spend insights.
Learn more
ivoflow
ivoflow is an intuitive, AI-powered procurement intelligence and spend analytics platform delivered as a cloud-hosted SaaS that helps organizations turn fragmented procurement and spend data into actionable insights that drive cost savings, strategic decision-making, supplier performance monitoring, and profitability improvements. It centralizes and enriches procurement data from ERP systems and external market sources to create a unified, real-time “single source of truth” for spend visibility and analysis, enabling users to navigate dashboards with drill-downs by product group, supplier, and part level to identify cost drivers and risk factors. ivoflow’s capabilities include real-time spend analytics dashboards, a cost-saving toolbox that highlights savings opportunities, procurement performance management, and advanced features such as market monitoring, ESG and sustainability data integration, and capacity notifications.
Learn more
OneWorkspace
OneWorkspace is a secure, centralized procurement-intelligence platform designed to give teams comprehensive insights across technology, marketing, and third-party labor spend. The platform includes modular capabilities like Market Intelligence, which provides real-time pricing and terms data from 16,000+ suppliers via the market intelligence thesis framework; commercial intelligence, offering access to 5,000+ best-in-class contract terms, attorney chat support and consulting to reduce risk; supplier intelligence, which consolidates supplier performance data, industry news and exclusive savings through a group-purchasing cohort; renewals, supporting configurable workflows, milestone tracking and MIT integration to complement CLM systems; and Cabbage communities, a peer network where procurement and technology leaders can share insights, co-operate on sourcing strategy and engage in industry-specific dialogue.
Learn more
