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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Dana works as backend developer at ivoflow
Blog
July 24, 2024

Backend Developer of a Procurement Software: Dana's Journey with ivoflow

With personnel number 01, Dana was the very first employee at ivoflow. She joined as a working student in October 2020 and has been on board full-time since 2022. For Dana, software development is more than just 0 and 1. Over the past 4 years, she has learned a lot about procurement and developed one of the main modules in the software: the Cost Savings Toolbox. Here, the 28-year-old talks about savings potential, currencies and what she likes about ivoflow.

Blog
September 19, 2024

ivoflow Featured in Spend Matters Fall 2024 SolutionMap

ivoflow is proud to announce its inclusion in Spend Matters' Fall 2024 SolutionMap, a trusted and comprehensive benchmark of procurement technology solutions. As one of 15 new vendors added this cycle, ivoflow is recognized in the SpendAnalytics module, marking a significant milestone in the company's journey.

Blog
May 22, 2024

Digitization in procurement: these are the most common reservations when introducing new software

There are many reasons for the slower development towards digitization in procurement. Concerns and reservations about a new solution are slowing down the decision-making process. Even the upstream decision for or against software in general is difficult for companies. Especially in procurement the question of software should be approached more openly. After all, procurement – as a hidden champion – can make a decisive contribution to the company's success with its numerous levers.

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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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