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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

The Source-to-Pay (S2P) process represents a comprehensive sequence of activities that link an organization with its suppliers, initiating with the identification of suitable suppliers to meet specific needs, followed by negotiations and contract agreements for the acquisition of goods and/or services. This process concludes with the invoicing and payment to these suppliers. S2P also involves strategic procurement processes, including spend analysis, sourcing, contract management, and supplier management, which addresses supplier information, risk assessment, and performance evaluation, along with downstream tasks such as electronic procurement, purchase orders, invoice automation, and accounts payable operations. Organizations leverage the Source-to-Pay framework to minimize expenses, mitigate risks, foster innovation, enhance supplier partnerships, and achieve a range of other objectives. Additionally, Ivalua’s Source-to-Pay platform streamlines and digitizes the entire process across all categories of spending and supplier relationships, thereby improving efficiency and effectiveness in procurement activities. This holistic approach empowers businesses to respond quickly to market changes while optimizing their supply chain management.

Description

Introducing a comprehensive procurement application designed for teams that excel at multitasking. This solution integrates budget oversight, procurement processes, and spending insights into a single platform. It simplifies financial management for budget holders and their support teams, eliminating the hassle of juggling requests from various channels like email, Slack, or Jira. With intuitive workflows, the purchasing process becomes seamless and user-friendly. Gather all requests in one centralized location, utilizing a singular workflow that feels conversational by posing a few questions at a time. Vendors and contracts can be incorporated immediately or at a later date, allowing for flexibility. As you navigate through transactions, you can build and modify purchase plans from the ground up. The approval process can engage multiple departments including procurement, IT, legal, and finance, ensuring that all relevant parties are included through adaptive workflows. This way, collaboration is enhanced, making the entire procurement experience more efficient and responsive.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Amazon Web Services (AWS) No 
Beamy Yes 
Docusign Yes 
Entrio Yes 
Google Cloud Platform No 
IntegrityNext Yes 
Microsoft 365 No 
Microsoft Excel No 
NetSuite No 
Procure Ai Yes 
Sage Intacct No 
Shortways Yes 
TCS ADD Yes 
TCS CHROMA Yes 
TCS HOBS Yes 
TCS Intelligent Urban Exchange Yes 
TCS MasterCraft DataPlus Yes 
TCS MasterCraft TransformPlus Yes 
TCS OmniStore Yes 
TCS Optumera Yes 

Integrations

Amazon Web Services (AWS) Yes 
Beamy No 
Docusign No 
Entrio No 
Google Cloud Platform Yes 
IntegrityNext No 
Microsoft 365 Yes 
Microsoft Excel Yes 
NetSuite Yes 
Procure Ai No 
Sage Intacct Yes 
Shortways No 
TCS ADD No 
TCS CHROMA No 
TCS HOBS No 
TCS Intelligent Urban Exchange No 
TCS MasterCraft DataPlus No 
TCS MasterCraft TransformPlus No 
TCS OmniStore No 
TCS Optumera No 

Pricing Details

No price information available.
Free Trial Yes 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac Yes 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

Ivalua

Founded

2000

Country

United States

Website

www.ivalua.com

Vendor Details

Company Name

Trace

Founded

2017

Country

United States

Website

www.tracehq.com

Product Features

Contract Management

Buy Side (Suppliers) No 
Completion Tracking No 
Compliance Tracking No 
Contract Lifecycle Management Yes 
Electronic Signature Yes 
Full Text Search No 
Government Contracts No 
Pre-built Templates Yes 
Sell Side (Customers) No 
Specialty Contracts No 
Version Control No 
Workflow Management Yes 

Procurement

Asset Management Yes 
Auction Management Yes 
Bid Management No 
Budget Management Yes 
Catalog Management Yes 
Contract Management Yes 
Inventory Management No 
Invoice Processing Yes 
PunchOut Yes 
Purchase Order Management Yes 
Receiving Yes 
Requisitions & Approvals Yes 
Sourcing Management Yes 
Spend Management Yes 
Supplier Management Yes 

Purchasing

Catalog Management Yes 
Compliance Management Yes 
Contract Management No 
Inventory Management No 
Invoice Processing Yes 
PunchOut Yes 
Purchase Order Management Yes 
Requisitions & Approvals Yes 
Sourcing Management No 
Spend Management Yes 
Supplier Management Yes 

Spend Management

Approval Workflow No 
Budgeting / Forecasting No 
Expense Tracking Yes 
Multi-Currency No 
Prepaid Cards No 
Procurement Management Yes 
Receipt Management No 
Spend Analysis Yes 
Spend Control No 
Supplier Management Yes 

Vendor Management

Audit Management Yes 
Contact Management Yes 
Customer Database No 
Self Service Portal Yes 
Supplier Master Data Yes 
Transaction History Yes 
Vendor Maintained Profiles Yes 
Vendor Managed Inventory No 
Vendor Performance Rating Yes 
Vendor Qualification Tracking Yes 

Product Features

Budgeting

"What If" Scenarios No 
Asset Planning No 
Balance Sheet No 
Capital Asset Planning No 
Cash Management No 
Consolidation / Roll-Up No 
Forecasting No 
General Ledger No 
Income Statements No 
Multi-Company No 
Multi-Department / Project No 
Profit / Loss Statement No 
Project Budgeting No 
Run Rate Tracking No 
Version Control No 

Spend Management

Approval Workflow No 
Budgeting / Forecasting No 
Expense Tracking No 
Multi-Currency No 
Prepaid Cards No 
Procurement Management No 
Receipt Management No 
Spend Analysis No 
Spend Control No 
Supplier Management No 

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