Ivalua

In a large company, procurement very often accounts for the largest portion of the overall budget. However, the tracking of these thousands of transactions and suppliers is often scattered across multiple departments and outdated software, leading to extra costs and a complete lack of visibility.

Founded in 2000 in the Paris region, Ivalua has developed a unified technology platform capable of centralizing an organization’s entire expenditure. This software enables procurement teams to negotiate better contracts, verify that suppliers comply with environmental and ethical standards, and automate the time-consuming process of paying invoices.

Now a member of the very exclusive club of French unicorns (technology companies valued at over $1 billion), Ivalua has established itself as a global leader in its field. Its robust technology helps giants such as Michelin, L'Oréal, IKEA, and Crédit Agricole streamline their costs and secure their supply chains in the face of global market uncertainties on a daily basis.

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