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Ivalua Sourcing Review
Product Snapshot
Product Pricing
Contact vendor directly for pricing information.
Technology
Product is available as a SaaS solution that requires no additional hardware or as an on-premise solution.
Customer Focus
Vendor works with midsize and large enterprises.
Select Customers
Ingenico Group, NTN SRN, Exros, Denny’s, Whirlpool
About Ivalua Sourcing
Ivalua Sourcing provides users with a set of collaboration tools they can use throughout the sourcing process. After users compile a list of suppliers, they can then send out a RFQ to each one and have them reverse bid on it. During this process, the vendors can send messages and files and continuously update their bids.
Once the auction is over, the system compares each offer and automatically weighs them all. Lastly, the platform features a dashboard where users can view all statuses on quotes and auctions. Ivalua E-Sourcing is sold as a standalone module or as part of the Ivalua Buyer solution suite.
About the Company
Ivalua was founded in 2000 and has offices in the US and Europe.
Ivalua Sourcing Key Features
- SaaS esourcing software solution
- Displays all current sourcing projects and their statuses
- Can collaborate with suppliers with forums and messages
- Tracks money saved
- Generates RFQs and holds reverse auctions for them
- Organizes bids so that users can easily understand them
- Supports price weighing by the supplier
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