How Ivalua & PwC are Reshaping Supply Chains Efficiency
Ivalua, the global leader in spend management, will use its source-to-pay platform to enable Renovit, a certified B Corp focused on promoting energy efficiency, to improve and simplify supplier management operations and communication throughout its supply chain, increasing transparency and efficiency.
Along with PwC Italy, the duo will work together to assist the transforming of Renovit, and it looks to implement Ivalua's platform to effectively digitise Source-to-Pay operations.
Renovit Società Benefit is the Italian platform launched by SNAM and CDP Equity to promote the energy efficiency of companies, apartment buildings and public administration, fostering sustainable development and supporting Italy's energy transition. Renovit has been a Certified B Corp since 2022.
Andrea Cozzi, Country Sales Manager at Ivalua Italy, says: "Ivalua is thrilled to partner with Renovit to optimise its supply chain processes, increasing operational efficiency and visibility.
"We are delighted to welcome Renovit to our Italian customer base, a dynamic and continuously growing community."
How will Ivalua transform Renovit
Ivalua is a leading provider of cloud-based, AI-powered Spend Management software. Its unified source-to-pay platform empowers businesses to effectively manage all categories of spend and all suppliers, increasing profitability, improving sustainability, lowering risk and boosting employee productivity.
Ivalua has a reputation as the leading provider of cloud-based, AI-powered Spend Management software. Its unified Source-to-Pay platform empowers businesses to effectively manage all categories of spend and all suppliers, increasing profitability, improving sustainability, lowering risk and boosting employee productivity. The company is trusted by hundreds of the world's most admired brands and recognised as a leader by Gartner and other analysts.
By using Ivalua, it will enable Renovit to effectively digitise its source-to-pay operations, streamline supplier’s onboarding processes, optimise supplier qualification, increase visibility over purchase orders, receipts, and invoices, and improve reporting and analytics.
Furthermore, by leveraging Ivalua's risk centre functionalities, Renovit enhances its ability to monitor and minimise risks along its supply chain.
Business benefits
Gianfranco Netti, Director at PwC Italy, Practice Digital Procurement, says: "We strongly believe that digitising purchasing processes is the key to better addressing the main challenges currently facing supply chain management. It was great to collaborate with Renovit on this digital transformation program for the launch of the Ivalua platform."
Carmen Gioia, Renovit Group Head of Purchasing, adds: "Over the past two years, Renovit has been committed to creating and maintaining an ongoing dialogue with its network of suppliers, businesses and professionals, sharing goals and responsibilities and promoting an ever-increasing synergy.
"Our growth journey today sees the launch of the spend management platform powered by Ivalua, which will continue to evolve with us and enable us to simplify every interaction with our partners."
Earlier this month, our sister title Supply Chain Digital hosted an insightful webinar with Patric Olsson, Director and Procurement Lead at PwC Sweden, and Henrik Nyberg, Sales Director for the Nordic region at Ivalua.
The pair took a deep dive into the results of the Global Digital Procurement Survey and chart a course for navigating the future of procurement.
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