How Ivalua will Streamline Spend for BAE Systems
Ivalua, a global leader in spend management, will assist BAE Systems, a leading manufacturer in the aerospace and defence industry, to streamline its Source-to-Pay (S2P) processes.
Regarded by many as a leading provider of cloud-based, AI-powered spend management software, Ivalua's 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.
BAE Systems is one of the largest defence, aerospace and security companies globally. It delivers a full range of products and services for air, land, space and naval forces, as well as advanced electronics, security, information technology solutions and customer support services. BAE Systems is the US subsidiary of BAE Systems plc.
Headquartered in Falls Church, Virginia with an employee base of almost 41,000 people. In 2023, the company generated sales of US$13.3bn.
Navigating complex regulatory requirements
The aerospace and defence industry faces a landscape that is highly regulated, with organisations needing to operate under strict compliance guidelines. To meet its complex supply chain needs and simplify procurement operations, the company sought a modern and easy-to-use platform, capable of delivering a seamless experience for its users and with the highest levels of data security.
Ivalua empowers clients like BAE Systems to harmonise multiple systems supporting supplier management, sourcing, indirect procurement and direct procurement into one unified platform with a single access point and consistent UI/UX.
A single source data model results in full data control in a secure and FedRAMP compliant environment.
"We selected Ivalua due to its robust technical capabilities and proven success in the aerospace and defence sector," says Brad Pelachyk, Vice President of Supply Chain at BAE Systems.
"Ivalua enables us to future-proof our operations by consolidating multiple systems into a single, secure and agile platform. This will enhance user experience, foster stronger collaboration with suppliers and equip us with the tools we need to support our growth."
Securing the supply chain with GovCloud technology
Ivalua GovCloud deploys as a single-tenant/multi-instance architecture, with a dedicated application instance, database instance and resource stack. This ensures not only improved security, but also enhanced reliability and agility.
Franck Lheureux, Chief Executive Officer (CEO) at Ivalua, adds: "Ivalua GovCloud brings our analyst-recognised leading source-to-pay platform to organisations operating in highly regulated environments enabling them to modernise and scale operations with the required levels of security.
"We are thrilled to partner with BAE Systems to power its new era of digital transformation."
Ivalua has become a global leader in the aerospace and defence industry, with its spend management platform serving several industry leaders, including CACI, Teledyne Technologies, SAAB, MBDA, Thales and Rheinmetall.
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