Ivalua Named a Visionary in 2016 Gartner Magic Quadrant for Procure-to-Pay Suites
Press Release
Ivalua Named a Visionary in 2016 Gartner Magic Quadrantfor Procure-to-Pay Suites
Positioned Furthest for Completeness of Vision in the Visionaries Quadrant
Paris, France - 28 June 2016 - Ivalua, the leading global spend management solutions provider, today announced it has been positioned by Gartner, Inc. in the "Visionaries" Quadrant of its 2016 Magic Quadrant for Procure-to-Pay Suites*. Among Visionaries, Ivalua is positioned the furthest along the completeness of vision axis.
"We consider our positioning in the Magic Quadrant for Procure-to-Pay Suites by Gartner as confirmation of Ivalua's understanding of market direction and success in delivering technologically advanced, market-leading Spend Management solutions that enable enterprises to realize huge and rapid savings by improving visibility, streamlining and standardizing processes and increasing Procurement and Finance productivity," said David Khuat-Duy, Ivalua CEO. "We feel our continuous effort to deliver innovative solutions, balanced with usability, performance and agility has been recognized."
Gartner evaluated twelve Procure-to-Pay application providers specifically on completeness of vision and ability to execute.
"As the Procure-to-Pay software market comprises dozens of vendors, we feel this report narrows it down to those that have strong presence worldwide in the upper-end midmarket and large-enterprise environments," said Gérard Dahan, Manager EMEA, Ivalua. "We believe being named a Visionary reinforces the importance of our continued technology investments, the broad and deep partner ecosystem we have developed, and the spirit of co-innovation our team brings to all of our customers."
"I am delighted that Ivalua has been named a P2P Visionary by Gartner. CACI utilizes the Ivalua platform to manage its vast supplier base and all of its overarching supplier contracts and purchase orders. The ease of the application allows suppliers to manage their company information, receive awards, and submit invoices all within a single application, making the supplier adoption process a success.", said Steven H. Weiss, Executive Vice President, Government Business Operations, CACI.
* Gartner, Magic Quadrant for Procure-to-Pay Suites, Deborah R Wilson, Paolo Malinverno, Magnus Bergfors, Desere Edwards. Published 13 June 2016
Disclaimer - Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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About Ivalua
Ivalua is a global provider of spend management solutions.. Ivalua's cloud-based software is used by procurement and finance organizations in large, global companies, and every day more than 500,000 users and millions of suppliers from over 70 countries log into the Ivalua platform.
Ivalua offers a single platform solution with highly configurable functionality across all major procurement and finance processes, including performance and risk tracking, sourcing, contracts, procure to pay, invoice automation and analytics. The breadth and flexibility of Ivalua's offering accelerates user adoption, spend category coverage and bottom-line savings.
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