Procurement Analytics Software
by ivoflow
The Procurement Analytics Software by ivoflow empowers manufacturing companies to effectively manage their commercial procurement performance.
With ivoflow you can automatically identify opportunities to save costs, prevent price increases, recover from inflation, enhance supplier resilience, formulate category strategies, and prepare for smart negotiations.
Companies need a procurement analytics tool to stay competitive.
Problem: global supply chains are under constant pressure.
Uncertain geopolitical factors, rising energy cost and highly volatile raw material markets as well as increasing global competition – all these issues make global supply chains and the procurement of goods challenging and unpredictable.
We combine years of procurement experience with an AI-powered software.
Solution: a procurement analytics tool
We have built an intuitive Procurement Management System that combines internal procurement data and external market intelligence. This is your path for automatically identifying opportunities to:
Save cost & prevent price increases
Recover from inflation
Enhance supplier Resilience
Leverage market intelligence data
Formulate category strategies
Prepare for smart negotiations
Discover our Procurement Analytics Tools.
Visualize your spend and realize cost savings.
Data Integration & Enrichment
By integrating your data, supplemented by relevant market data, our software offers you an end-to-end solution for strategic purchasing and enables you to reduce system disruptions and work more efficiently.
Spend Analytics
Enable your purchasing organization to optimize strategic purchasing decisions: through real-time data analysis, dashboards and automatically generated recommendations for action.
Cost-Savings-Toolbox
The toolbox that procurement teams have been waiting for: Our Cost Savings Toolbox constantly analyses and interprets internal and external data sets to identify new potential and alert procurement organizations to any risks.
Procurement Performance Management
Our Procurement Performance Management offers a holistic solution that combines the tracking of KPIs, the implementation of cost-saving initiatives and targeted preparation for supplier negotiations through comprehensive reporting functions.
ESG & Sustainability
Perfectly positioned for the future of procurement: Streamlining supplier ESG performance and measuring Scope 3 emissions for comprehensive sustainability tracking.
Features
Direct access to all market data, price developments at parts list level and gap analyses: our various features take individual customer requirements into account and supplement our solutions with elementary functions.
Data Integration & Enrichment
By integrating your data, supplemented by relevant market data, our software offers you an end-to-end solution for strategic purchasing and enables you to reduce system disruptions and work more efficiently.
Spend Analytics
Enable your purchasing organization to optimize strategic purchasing decisions: through real-time data analysis, dashboards and automatically generated recommendations for action.
Cost-Savings-Toolbox
The toolbox that procurement teams have been waiting for: Our Cost Savings Toolbox constantly analyses and interprets internal and external data sets to identify new potential and alert procurement organizations to any risks.
Procurement Performance Management
Our Procurement Performance Management offers a holistic solution that combines the tracking of KPIs, the implementation of cost-saving initiatives and targeted preparation for supplier negotiations through comprehensive reporting functions.
ESG & Sustainability
Perfectly positioned for the future of procurement: Streamlining supplier ESG performance and measuring Scope 3 emissions for comprehensive sustainability tracking.
Features
Direct access to all market data, price developments at parts list level and gap analyses: our various features take individual customer requirements into account and supplement our solutions with elementary functions.
Our advanced procurement analytics software will save you time and money.
We ensure a quick ROI and increased profitability by constantly monitoring your procurement data and highlight new cost saving potentials as soon as they arise.
$90B
spend data imported & analyzed.
10
unique Procurement Intelligence Tools developed.
+30X
Average return of invest for our clients
4,7%
in new cost-savings identified on the entire direct spend.
Trusted by leading organizations.
Empowering Industrial Enterprises Worldwide.
More than just a procurement software.
This is why companies work with us.
We consult, co-create and develop innovation together with our clients. We listen to their problems and adapt our procurement analytics software exactly to our customers' needs and challenges.
Learn moreA Procurement Analytics Software
recommended by customers and partners from the industry.
Our software is recognized
by leading procurement platforms
ivoflow has recently been selected for Spend Matters' prestigious "Future 5" list that highlights 5 innovative procurement technology startups based on thorough research of emerging procurement tech solutions. What is more, ivoflow has achieved a remarkable milestone by being selected as one of the 2024 ProcureTech100, an exclusive list of the most groundbreaking digital procurement solutions globally.
We bring together years of procurement experience
and artificial intelligence.
„With ivoflow we do not only provide a procurement software. We share best practices based on our own intensive global automotive procurement experience and we are excited to co-create innovation with our clients to become the most suitable digital procurement solution.”
About us
Want to know more
about our procurement solution?
Let us show you how ivoflow can support your business. We are ready to showcase our procurement management system. Together we will find the perfect solution for your company. Feel free to give us a call or e-mail us today!
