Ivalua Customer Reviews 2024

Ivalua

7.8 /10

30 Reviews Write a Review

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What is Ivalua?

The Ivalua Strategic Sourcing solution provides a comprehensive, intuitive and collaborative toolset to automate sourcing of 100% of your spend no matter how simple or complex, tactical or strategic the sourcing process is. Ivalua helps you to effectively manage all your spend and suppliers on a single platform to generate value across the Source-to-Pay cycle.

Company Details

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Awards & Recognition

Ivalua won the following awards in the Strategic Sourcing category

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2024 Data Quadrant Gold Medalist

Latest Award, 2024

4 Top Rated Capabilities

7 Top Rated Features

Latest Award, 2024

2023 Data Quadrant Gold Medalist

2023

4 Top Rated Capabilities

4 Top Rated Features

2023

2 Top Rated Capabilities

2 Top Rated Features

2022

Ivalua Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Ivalua.

88 Likeliness to Recommend

90 Plan to Renew

1
Since last award

79 Satisfaction of Cost Relative to Value

3
Since last award

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Emotional Footprint Overview

+85 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Ivalua?

3% Negative

13% Neutral

84% Positive

Pros

Helps Innovate
Reliable
Efficient Service
Continually Improving Product

Feature Ratings

Average 80

Spend Analysis

Supplier Management

Procurement Management

Workflow Management

Community Support

Auction Management

Capacity Management

ERFx

Catalog Management

eAuction Functionality

Communications

Vendor Capability Ratings

Average 78

Ease of Customization

Ease of IT Administration

Ease of Data Integration

Usability and Intuitiveness

Business Value Created

Product Strategy and Rate of Improvement

Availability and Quality of Training

Breadth of Features

Ease of Implementation

Quality of Features

Vendor Support

Ivalua Reviews

Shaily J.

Role: Consultant
Industry: Manufacturing
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Jun 2022

Fantastic tool for sourcing-contract.

Likeliness to Recommend

10 /10

What differentiates Ivalua from other similar products?

Award feature

What is your favorite aspect of this product?

Contract clauses

What do you dislike most about this product?

Time out error

What recommendations would you give to someone considering this product?

This is best project for S2C.

Pros

Performance Enhancing
Includes Product Enhancements
Appreciates Incumbent Status
Helps Innovate

JASWANT R.

Role: Consultant
Industry: Finance
Involvement: IT Development, Integration, and Administration

Validated Review

Verified Reviewer

Submitted Apr 2022

Flexible Product

Likeliness to Recommend

8 /10

What differentiates Ivalua from other similar products?

The flexibility provided in the tool for customization to FIT in any requirement is a major differentiator

What is your favorite aspect of this product?

Overall customization can fit in direct purchasing aspects easily

What do you dislike most about this product?

The flexible customization creates an ambiguous environment between the client and the partner

What recommendations would you give to someone considering this product?

Kindly consider for direct Purchasing

Pros

Unique Features
Helps Innovate
Trustworthy
Inspires Innovation

Cons

Under Delivered

Mario C.

Role: Vendor Management
Industry: Healthcare
Involvement: Vendor Selection and Purchasing

Validated Review

Verified Reviewer

Submitted Feb 2022

Intuitive but very expensive

Likeliness to Recommend

8 /10

What differentiates Ivalua from other similar products?

Very extensive but some nici features

What is your favorite aspect of this product?

Flexibilitate and intuitive

What do you dislike most about this product?

Has very high price

What recommendations would you give to someone considering this product?

Consider if the money are well spend, if you do not need certain features you can use other similar saas.

Pros

Reliable
Unique Features
Saves Time
Transparent

Ivalua

What is Ivalua?

Company Details

Need Assistance?

Awards & Recognition

2024 Data Quadrant Gold Medalist

2023 Data Quadrant Gold Medalist

Ivalua Ratings

88 Likeliness to Recommend

90 Plan to Renew

1 Since last award

79 Satisfaction of Cost Relative to Value

3 Since last award

Emotional Footprint Overview

+85 Net Emotional Footprint

How much do users love Ivalua?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Spend Analysis Includes data visibility and quality, supplier ranking, and compliance and reporting.

Supplier Management Supplier collaboration, including Quarterly Business Review Meetings, Scorecards, KPI and SLAs.

Procurement Management Includes purchasing and procurement management, as well as supplier management and optimization.

Workflow Management Includes ability to support flexible and comprehensive workflow-based capabilities.

Community Support Highly personal support service to both buyer and supplier communities, ensuring proposal uptake and supplier help.

Auction Management Includes bid management, bidder management and buyer notifications.

Capacity Management Monitor system utilization and provide alerts when pre-defined thresholds are reached.

ERFx Evaluation and scoring of supplier responses.

Catalog Management Includes customizable shipping and payment options, product pricing, advanced catalog search, and navigation.

eAuction Functionality The ability to provide forward, reverse, Japanese, Dutch, and English step auctions.

Communications Includes communication portals or secure messaging or automated alerts.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Ivalua Reviews

Shaily J.

Fantastic tool for sourcing-contract.

Likeliness to Recommend

Pros

JASWANT R.

Flexible Product

Likeliness to Recommend

Pros

Cons

Mario C.

Intuitive but very expensive

Likeliness to Recommend

Pros

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Feature Ratings

Spend Analysis

Supplier Management

Procurement Management

Workflow Management

Community Support

Auction Management

Capacity Management

ERFx

Catalog Management

eAuction Functionality

Communications

Vendor Capability Ratings

Ease of Customization

Ease of IT Administration

Ease of Data Integration

Usability and Intuitiveness

Business Value Created

Product Strategy and Rate of Improvement

Availability and Quality of Training

Breadth of Features

Ease of Implementation

Quality of Features

Vendor Support