Ivalua Announces Search360, Delivering Advanced Cross-Catalog eProcurement Capabilities

New capability optimizes the user eprocurement experience and strengthens supplier relationships

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Apr 12, 2019, 09:00 ET

REDWOOD CITY, Calif., April 12, 2019 /PRNewswire/ -- Ivalua, a leading provider of global Spend Management Cloud solutions, today announced the launch of next generation eprocurement capabilities at its Ivalua NOW event. Search360 allows users to search seamlessly across hosted and external catalogs, view results in real-time, compare items side-by-side and checkout for approval, all within Ivalua's eprocurement solution.

Search360 offers significant value beyond similar competitive offerings. The user experience is optimized for search and content, eliminating the hassle of punch-outs. Users have access to more product choice while still complying with company policies. Product information, pricing and availability is real-time as suppliers are engaged in the process by linking their sites to Ivalua.

The new search capability incorporates fuzzy and elastic search, auto-complete, faceted search and much more. All relevant search results are displayed equally on the same screen area rather than in different portions of the screen or as generic links that punch-out to marketplace or other sites.

Suppliers also benefit with Search360 due to improved customer access to their products and services, reduced errors via real time access to pricing and availability and a simple, standardized one-time onboarding approach. Search360 helps nurture supplier relationships rather than strain them, as occurs with web-crawling and other approaches that access supplier sites without permission, often returning inaccurate information or breaking without notification.

The new capabilities were showcased in collaboration with Manutan, a leading player in Europe's B2B e-commerce sector and supplier to many Ivalua customers. Manutan collaborated closely with Ivalua in piloting this capability, which is now broadly available to Ivalua's customers, to ensure it benefited buyers and suppliers.

"Manutan has always been committed to offering our customers the best experience possible throughout the whole purchasing process," said Pierre-Olivier Brial, Deputy CEO of Manutan Group. "We are proud to partner with Ivalua, who shares our customer commitment and innovative spirit, in bringing this advanced approach to eprocurement to the market."

"Search360 once again demonstrates Ivalua's commitment to eliminating compromises for our customers and their suppliers," said David Khuat-Duy, Corporate CEO of Ivalua. "Our customers can now give employees a consumer-like buying experience while still maintaining control over sources of supply and ensuring the best price. Suppliers can ensure accuracy of product details and pricing and maintain a direct relationship with their customers. Manutan has been a great partner in launching this innovation, ensuring we optimally meet the needs of buyers and suppliers."

About Ivalua
Ivalua is the Procurement empowerment platform. Recognized as a Leader by Gartner and other top analysts, Ivalua's Source-to-Pay suite is leveraged over 300 leading companies across the globe to manage over $500 Billion in direct and indirect spend. The platform's combination of ease-of-use, depth, breadth, and flexibility ensures high employee and supplier adoption, rapid time to value and the ability to meet unique or evolving requirements, evidenced by the industry's leading 98%+ retention rate. Realize the possibilities at www.ivalua.com.

About Manutan
A family-run business created in 1966, Manutan is Europe's leading B2B e-commerce company and specialises in the multichannel distribution of products and equipments for businesses and local authorities. Its vast range of select products and services is one of the largest offerings in Europe. This enables the company to meet all of its client's needs and help them reduce their indirect purchase costs. With 25 subsidiaries established in 17 countries in Europe, the Group has more than 2 200 employees and has a turnover of 741 million euros in 2017/2018. Manutan France was awarded Best Workplaces in 2019.

Media Contact
Michael Gallo
Lumina Communications for Ivalua
212-239-8594
[email protected]

SOURCE Ivalua