Ivalua, a global leader in cloud-based spend management and Helixx BPO, a leading Latin American procurement services provider, announced today that they have signed a partnership agreement that will enable Helixx BPO to utilize Ivalua’s Strategic Sourcing software as its platform in delivering its sourcing services to Americas buying organizations in English, Spanish and Portuguese languages from its near-shore centers in Monterrey (Mexico), Dallas (Texas) and Sao Paulo (Brazil).
Helixx BPO has been providing on demand based sourcing projects, supplier research and assisted procurement BPO services for direct, indirect and services categories to mid-size and large buying organizations and Private Equity firms based in Mexico, USA, Brazil, Venezuela, Argentina and Colombia since 2000. Helixx BPO has managed over 1000 projects and addressed $10B of cumulative spend in MRO and Capex, Logistics, General and Admin Services, Packaging, Marketing, IT & Telecom, Raw Materials & Direct spend categories with 18-25% savings, depending on the category.
Ivalua’s Strategic Sourcing software helps clients manage the full strategic sourcing cycle (including Projects, RFX and Auctions), advanced sourcing of components and bills of materials, the New Product Introduction process, deep collaboration on specifications, total cost of ownership via advanced total cost breakdown features and demand aggregation and planning process across globally dispersed sites. With over 150 strategic sourcing customers, Ivalua was named a Leader for the second year in a row in the study recently published by Gartner “Magic Quadrant for Strategic Sourcing Application Suites 2015”*.
“We are excited to offer our customers even faster sourcing cycle times, higher process efficiency and greater cost savings, through our team’s use of Ivalua’s industry-leading Strategic Sourcing software”, said Ernesto Valdez, CEO of Helixx BPO.
“The combination of our deep category expertise, intimate local supply market knowledge and Ivalua’s strong collaborative sourcing software will offer Americas buying organizations an innovative solution that neither pure-play sourcing consultancies nor general-purpose BPO providers can offer”, said Gerry Garcia, Vice President-Commercial Operations at Helixx BPO.
“Achieving dramatic total cost reductions via sourcing requires that clients use world class sourcing software in conjunction with deep functional expertise on the software, deep category expertise and a leveraged near-shore model that offers the benefits of stakeholder-proximity and local supplier intimacy using native languages. Helixx BPO’s sourcing services powered by Ivalua Sourcing Cloud offers a unique solution to Latin and North American companies in Spanish, Portuguese and English languages”, said Amol Joshi, SVP of Sales at Ivalua Inc.
*Gartner, Inc., Magic Quadrant for Strategic Sourcing Application Suites, Deborah R. Wilson, et al, Feb, 4, 2015.
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