Ivalua Review - why 4.7 stars?

Shlomi Lavi / updated: Aug 23, 2022

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What is Ivalua?

Ivalua is both a cloud-based as well as on-premise procurement and vendor management software solution. The software assists in the organization of data, reporting, and planning as well. Ivalua is designed to digitize the supply chain process within business operations. With 360-degree visibility and real-time data transparency, organizations are well informed of the current state of the various business operations and also provided with insights into what steps to take next.

Some core features include audit trail, transaction history, performance metrics, a self-service portal, Sourcing management, and many more. Ivalua is a product of a company by the same name Ivalua, which is based in the United States since 2000.

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Who is it best for?

The typical customers include the following business size: Small, medium and large size businesses.

What is the actual cost?

The cost of license starts at $2,000 per user/month. ITQlick pricing score is 6 out of 10 (10 is most expensive). Access ITQlick pricing guide for Ivalua. You can also find here pricing information from Ivalua's website.

Pros

• Ivalua is a robust contract management solution with several features common to software in its category
• The platform has a robust contract repository where users can store contracts for future use
• Ivalua streamlines contract creation with its collaborative contract authoring feature, allowing two or more users to work on a contract together

Cons

• Ivalua does not have good customer support channels, and customer service is sometimes unresponsive
• The software experiences bugs and slows down occasionally

How it stacks up?

Access a head to head analysis of Ivalua vs alternative software solutions.

Frequently Asked Questions (FAQs)

Is Ivalua right for you or your business?

Ivalua is a contract management solution for small, medium, and large-scale businesses. The software serves clients across several industry verticals, including the public sector, telecommunications, food & beverages, retail, etc. Some customers that use Ivalua include Select Medical, The University of Chicago (Medicine), and Credit Suisse.