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.
* 2016 Magic Quadrant for Procure-to-Pay Suites, Debbie Wilson, Magnus Bergfors, Desere’ Edwards, Paolo Malinverno, Chris Pang – Published 13 June 2016
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