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
Enables Productivity
Efficient Service

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

Ganesh P.

Role: Industry Specific Role
Industry: Other
Involvement: IT Leader or Manager

Validated Review

Verified Reviewer

Submitted Oct 2021

Excellent platform for tracking expenditure

Likeliness to Recommend

10 /10

What differentiates Ivalua from other similar products?

Ivalua Strategic Sourcing is the best platform that has enabled our company to track and budget for our expenditure effectively.

What is your favorite aspect of this product?

It is able to give the best analysis on the implementation of projects and predict the cost that can be incurred. We are able to keep the records of our assets and any resources that is associated with our company.

What do you dislike most about this product?

I have not experienced any challenge that can affect the implementation of our projects and maintenance of tasks.

What recommendations would you give to someone considering this product?

I highly recommend Ivalua Strategic Sourcing for managing all revenues in our organization and keeping clean records of our resources and investment plans.

Pros

Performance Enhancing
Inspires Innovation
Caring
Saves Time

Djabanor A.

Role: Finance
Industry: Energy
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Sep 2021

Fantastic automation capability

Likeliness to Recommend

9 /10

What differentiates Ivalua from other similar products?

It is capable of collaborating and communicating with suppliers digitally.

What is your favorite aspect of this product?

It allows me to request new or non-standard goods in a way that is compliant with purchasing process policies and requirements if the goods or services that I'll be looking for are not available in a catalogue. It offers a wide variety of quick and flexible connection options, which all add up to cost savings for my suppliers.

What do you dislike most about this product?

The product can be slow at times and occasionally has bugs that we have to stop the whole system and restart.

What recommendations would you give to someone considering this product?

I would recommend any user to take advantage of how easy it is to automate the sourcing process offered by this product because it can lessen the workload.

Pros

Helps Innovate
Generous Negotitation
Transparent
Enables Productivity

Role: Operations
Industry: Utilities
Involvement: End User of Application

Validated Review

Anonymous Reviewer

Submitted Sep 2021

Incredible Procurement Solution for Businesses.

Likeliness to Recommend

10 /10

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

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

Ganesh P.

Excellent platform for tracking expenditure

Likeliness to Recommend

Pros

Djabanor A.

Fantastic automation capability

Likeliness to Recommend

Pros

Incredible Procurement Solution for Businesses.

Likeliness to Recommend

Pros

Most Popular Ivalua Comparisons

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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