Purchasing Intelligence Features

Direct access to all market data, price developments at parts list level and gap analyses: our various features for your procurement intelligence take individual customer requirements into account and supplement our solutions with elementary functions.

small graphic indicating software elements such as bars or buttons
a cost-break down of different part numbers

Cost-Break-Down

With this function, you can easily upload and compare complex cost breakdowns. Get a gap analysis at the touch of a button to optimally prepare for the next supplier negotiation. In addition, customer-specific cost breakdowns can be integrated into the ivoflow software through customization.

Market Monitor

Our Market Monitor accesses data via an external interface from our partners MBI and XE. This guarantees you immediate access to all market data on your raw materials, energy costs, labor costs, currencies and around 29,000 exchange rate pairs.

A dashboard in the ivoflow software showing the price trend of diverse raw material
Bill of Material in the ivoflow software

BOM

Monitor price trends and cost-saving opportunities as well as risks at BOM level with our BOM tool. The feature enables simple data transfer from purchasing to sales and can therefore improve sales planning and communication with your customers at the same time.

Capacity Management

Receive automatic notifications of future capacity bottlenecks from your suppliers. Your suppliers' capacities are compared with your call-offs and forecasts at all times.

two line graphs showing price trends
Portrait picture of Lance Younger from ProcureTech
„ivoflow’s intuitive procurement intelligence platform uses advanced technology to create and manage data-driven ideas that deliver real impact. The ivoflow solution is an essential element in the digital procurement stack."
Lance Younger
CEO ProcureTech
The ivoflow software on a screen.

Talk to our experts

Our main goal is to make the tool suitable for your individual needs. Let us show you how we co-created various modules together with our customers.

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Stay up to date

on procurement technology trends.

2024 ProcureTech100
Press
October 22, 2024

ivoflow selected as one of the 2024 ProcureTech100

ivoflow, a leading Spend Analytics Platform for the Manufacturing Industry, has been selected as one of the 2024 ProcureTech100 – a prestigious list of the top 100 cutting-edge digital procurement solutions. Now in its fourth year, the ProcureTech100, published by ProcureTech in collaboration with Kearney, has become a trusted global resource for procurement leaders seeking innovative, AI-driven digital tools that are driving critical transformation. The selected organizations represent the most forward-thinking, customer-centric, and advanced procurement technologies.

Blog
December 13, 2023

ivoflow named one of 100 pioneering digital procurement solutions

Announced at its annual PIONEERS event, ProcureTech revealed the 2023 ProcureTech100, this year's cohort of pioneering digital procurement solutions.

Blog
February 1, 2023

Insights on Procure-to-Pay | P2P

With the rise of new technology, it is important to streamline and rationalize procurement processes to minimize mistakes and boost efficiency. We are talking about Procure-to-Pay.

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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!

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