REDWOOD CITY, Calif.--(BUSINESS WIRE)--Ivalua, a global leader in Cloud Spend Management, today announced that TransAlta will utilize its comprehensive Source-to-Pay suite to support its global supply chain initiative, integrated with its SAP system. The win is the 5th for Ivalua in Canada in the past year, continuing its momentum in that market.
TransAlta required a new Integrated Procurement System (IPS) to support the digital transformation of their Supply Chain Management (SCM) processes. Ivalua was selected to be the technology backbone and will address process areas that are currently manually intensive and inefficient.
Key business values that TransAlta expects include increased supply chain efficiency, reduced lead times, lower costs and improved supplier performance.
“We are excited to partner with Ivalua to deliver our intensive supply chain optimization project,” said Dawn de Lima, Chief Administrative Officer at TransAlta. “After an exhaustive review of all leading vendors, we selected Ivalua for its comprehensive Source-to-Pay platform, flexible architecture and overall ability to give TransAlta a competitive advantage”.
“Production and operations in the energy sector are expensive, high-risk and capital intensive,” said Dan Amzallag, CEO at Ivalua Inc. “Ivalua enables our customers to streamline complex processes and to track and manage industry-specific attributes and processes across the Source-to-Pay continuum.”
Located in the heart of Silicon Valley, Ivalua’s leading global Spend Management Cloud solution is recognized for Leadership in Gartner’s Magic Quadrant for Strategic Sourcing and Spend Matters SolutionMap for Procure-to-Pay in 2017. Ivalua’s out-of-the-box Deep Functionality and Configurable Cloud is fast to deploy and enables high supplier and employee adoption. Ivalua has been deployed to manage over $500 Billion in spend across its 250 clients. Learn more at www.ivalua.com. Read Ivalua Blog or follow @Ivalua on Twitter