Ivalua Customer Reviews 2024

Ivalua

Composite Score

7.2 /10

CX Score

7.1 /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

2024

4 Top Rated Capabilities

7 Top Rated Features

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.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

88 Likeliness to Recommend

90 Plan to Renew

79 Satisfaction of Cost Relative to Value

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Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+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 81

Spend Analysis

Supplier Management

Procurement Management

Workflow Management

Community Support

Auction Management

Catalog Management

Capacity Management

ERFx

eAuction Functionality

Communications

Vendor Capability Ratings

Average 79

Ease of Customization

Ease of IT Administration

Ease of Data Integration

Business Value Created

Usability and Intuitiveness

Product Strategy and Rate of Improvement

Availability and Quality of Training

Breadth of Features

Ease of Implementation

Quality of Features

Vendor Support

Ivalua Reviews

Gustavo Antonio O.

Role: Human Resources
Industry: Other
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Feb 2024

Manage expenses and communications with suppliers.

Likeliness to Recommend

9 /10

What differentiates Ivalua from other similar products?

It is a top platform for making simple, fast decisions, enabling us to set strategic goals for automated tasks, and it is definitely great for working with suppliers.

What is your favorite aspect of this product?

I appreciate that I can handle all of the contracts, supply, and expense analysis. I have made significant profits quickly, and staff productivity has increased.

What do you dislike most about this product?

This product is great for enhancing supplier cooperation and sustainability. It is a great platform for businesses in a variety of industries, including health care, oil and gas, and much more. I have no complaints about it.

What recommendations would you give to someone considering this product?

Without a doubt, I would suggest it to boost revenue since it puts us in direct contact with the top vendors and enables us to handle electronic contracts, track spending, and more.

Pros

Helps Innovate
Continually Improving Product
Performance Enhancing
Unique Features

Christy T.

Role: Information Technology
Industry: Energy
Involvement: IT Development, Integration, and Administration

Validated Review

Verified Reviewer

Submitted Feb 2024

Best in Class and Administratively Friendly

Likeliness to Recommend

9 /10

What differentiates Ivalua from other similar products?

Outstanding vendor support, intuitiveness, and ease of use.

What is your favorite aspect of this product?

The ability to correct errors on the fly, it's interface is concise, easily adaptable and understood by all of our diverse vendors.

What do you dislike most about this product?

Nothing to dislike, it makes my entire workflow easier.

What recommendations would you give to someone considering this product?

Speak with current clients, find out how much it has helped their organization with procurement management.

Pros

Reliable
Enables Productivity
Effective Service
Fair

Samson M.

Role: Vendor Management
Industry: Gaming and Hospitality
Involvement: IT Leader or Manager

Validated Review

Verified Reviewer

Submitted Dec 2022

Fantastic product

Likeliness to Recommend

10 /10

What differentiates Ivalua from other similar products?

Feature different, easy of use. Value for money

What is your favorite aspect of this product?

Workflows, approval

What do you dislike most about this product?

Initial it took time to understand the tool

What recommendations would you give to someone considering this product?

Kindly see the demo.. You will like it and will be useful in your procurement Org

Pros

Helps Innovate
Reliable
Performance Enhancing
Efficient Service

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

79 Satisfaction of Cost Relative to Value

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.

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

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

ERFx Evaluation and scoring of supplier responses.

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.

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.

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.

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

Gustavo Antonio O.

Manage expenses and communications with suppliers.

Likeliness to Recommend

Pros

Christy T.

Best in Class and Administratively Friendly

Likeliness to Recommend

Pros

Samson M.

Fantastic product

Likeliness to Recommend

Pros

Feature Ratings

Spend Analysis

Supplier Management

Procurement Management

Workflow Management

Community Support

Auction Management

Catalog Management

Capacity Management

ERFx

eAuction Functionality

Communications

Vendor Capability Ratings

Ease of Customization

Ease of IT Administration

Ease of Data Integration

Business Value Created

Usability and Intuitiveness

Product Strategy and Rate of Improvement

Availability and Quality of Training

Breadth of Features

Ease of Implementation

Quality of Features

Vendor Support