Ivalua stories
AI adoption gap puts UK businesses at risk in procurement race
Last week
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digital transformation
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ai
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agentic ai
Only 32% of UK firms use AI in procurement, risking competitive disadvantage as early adopters gain efficiency and resilience in supply chain management.
Shadow spend costs UK firms margins as AI offers hope
Last month
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hcm
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ai
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procurement
Shadow spend drains UK firms’ margins, with £1 in every £10 untracked, but AI and automation offer promising solutions to boost spend visibility and control.
UK businesses lag behind in adopting circular economy model
Wed, 20th Nov 2024
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edutech
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partner programmes
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cleantech
Only 25% of UK firms have embraced circular economy practices, risking higher costs and lower competitiveness amid sustainability challenges, research reveals.
BAE Systems Australia partners with Ivalua for supply chain revamp
Fri, 6th Sep 2024
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cleantech
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collaboration
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sustainability
BAE Systems Australia partners with Ivalua to enhance supply chain sustainability, streamlining operations and compliance.
UK businesses embrace Gen AI in procurement for efficiency gains
Tue, 16th Jul 2024
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digital transformation
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genai
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ai
Almost 25% of UK firms have adopted Generative AI in procurement, cutting manual tasks by 44%, reveals Ivalua research. Future efficiency gains are projected.
Report reveals digital transformation trends in procurement
Tue, 2nd Jul 2024
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risk & compliance
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ai
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cleantech
A new State of Source-to-Pay Digitization report reveals procurement leaders prioritising data and AI for future innovations.
Ivalua unveils new tool for external workforce management
Wed, 26th Jun 2024
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devops
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apm
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risk & compliance
Ivalua has launched its External Workforce Management solution, designed to streamline the management of external talent and costs within its Source-to-Pay platform.
One-third of UK businesses hit by invoice fraud in past year
Fri, 21st Jun 2024
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procurement
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spend management
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isg
Nearly a third of UK businesses fell victim to invoice fraud in the past year, with only 39% preventing fraudulent payments.
Ivalua & Visa team up to unlock GBP £400 billion liquidity
Fri, 31st May 2024
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martech
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commerce systems
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payment technologies
Ivalua has partnered with Visa to unleash £400 billion in trapped supply chain liquidity, enhancing global corporate card use and improving cash flow.
Ivalua to enhance NCC Sweden's supply chain risk management
Wed, 29th May 2024
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risk & compliance
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cleantech
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sustainability
Ivalua to digitise NCC Sweden’s supply chain with advanced risk and performance management, aiming to curb annual revenue losses of up to 15%.
Accenture recognises Ivalua as leading solution in direct materials
Thu, 14th Mar 2024
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digitisation
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accenture
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spend management
Accenture has identified Ivalua as a leading provider in the direct materials sector, highlighting the promise of its spend management solution to bolster supply chain resilience.
Companies fear unintentional greenwashing, study reveals
Mon, 15th Jan 2024
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power / energy
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cleantech
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sustainability
Over half of UK businesses fear unintended 'greenwashing' due to unclear carbon footprint reporting, as gov't considers stricter emissions disclosure rules.
HDF Energy revolutionises operations with digital Source-to-Contract solution
Thu, 28th Dec 2023
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risk & compliance
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collaboration
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digitisation
HDF Energy digitises Source-to-Contract operations using Ivalua and Cyrias, boosting efficiency and transparency.
Ivalua launches intelligent virtual assistant powered by Generative AI
Thu, 30th Nov 2023
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public cloud
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apm
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low-code
Ivalua unveils a new Intelligent Virtual Assistant, driven by Generative AI, set to revolutionise business efficiency.
Lack of digitisation slowing down procurement processes
Fri, 13th Oct 2023
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rpa
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supply chain & logistics
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agentic ai
The study reveals that half of procurement leaders (50%) think that the rate of digitisation within procurement is too slow.