Migros - Switzerland’s largest retailer and employer - is a cooperative organisation with a diverse business structure of cooperative retailing, migros industrie, commerce, travel and financial services.
The value of Ivalua’s Source-to-Pay (S2P) solution
Supporting its wider digital transformation, Migros has adopted Ivalua’s comprehensive Source-to-Pay (S2P) solution for its indirect spend.
"Ivalua's platform approach and the flexibility of the solution allows us to address the complexity of our organisation, substantially improve the user experience, and streamline our end-to-end processes and workflows across our different spend categories," said project leader Reto Rietmann, Head of Strategic Procurement at Migros Cooperative Eastern Switzerland.
The partnership comes as part of Migros’ efforts to navigate the rapidly changing market requirements and continuously evolving technology landscape. Migros’s recently formed central IT environment has been designed to focus on optimising cost-intensive legacy systems and streamlining processes throughout the organisation.
In partnership with Ivalua, Migros has reviewed its entire S2P process, spend data strategy, and existing solutions portfolio in the hopes to improve its cycle time, reduce time spent on low-value activities, and boost its collaboration with both internal and external stakeholders.
"I expect the Ivalua platform to act as an accelerator for our digital transformation project, which will further increase the value of indirect procurement for our internal customers, our suppliers and the company as a whole," said Rietmann.
“Ivalua’s solutions seem particularly well suited to the transformational objectives of the Migros Group, and our teams are delighted to work with such an impressive retail brand, thereby strengthening our footprint in the Swiss market,” added Franck Lheureux, Chief Revenue Officer, Ivalua.
Key benefits of Ivalua's S2P solution
- Generate value quickly
- Streamline the S2P process
- Driver user adoption awareness
- Improved data quality
- Best practice deployment
- Enable business adaptability and agility
- Build a resilient supplier base
- Drive innovation and sustainability
- Significantly reduce the time to market
To find out more about Ivalua's S2P solution, click here.