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Ivalua named Leader in Gartner’s 2020 Magic Quadrant

Ivalua has confirmed it has been recognised as a “Leader” in the 2020 Gartner “Magic Quadrant for Procure-to-Pay Suites”.

|Oct 25|magazine3 min read

The Gartner report showed that full-suite procure-to-pay solutions from 14 different software vendors across a broad set of criteria placed Ivalua in the Leaders quadrant based on its ability to execute and completeness of vision.

P2P suites optimise the purchasing process, supporting improved financial controls, process compliance, cost savings and risk mitigation. They also improve employee productivity, particularly when employees work remotely. They deliver four basic capabilities, e-purchasing functionality, access to catalogue content e-invoicing and accounts payable invoice automation.

Ivalua notes that this continues the growing recognition for its P2P solution, which was recently positioned as a Leader by Forrester Research in The Forrester Wave: eProcurement Platforms, Q4 2019 and was recognised as the best P2P Specialist Provider by an independent panel of industry veterans at the 2019 World Procurement Awards. While, Ivalua was also positioned as a Leader in the subsequent Gartner Magic Quadrant for Procure-to-Pay Suites.

“Ivalua is proud to once again be recognized by Gartner as a Leader in Procure-to-Pay," said David Khuat-Duy, Corporate CEO of Ivalua. "Our focus on ensuring a great experience for both users and suppliers is key to our customers' success. We believe this latest recognition is further evidence that, with Ivalua, companies don't have to compromise between best-of-breed capabilities and a complete suite.”

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