Ivalua, a leading provider of global Spend Management Cloud solutions, today announced that Bravida Holding AB has selected the Ivalua platform to digitize the management of its direct and indirect spend.
Bravida is the Nordic region’s leading supplier of end-to-end technical solutions in service and installation. They help their customers to create effective and sustainable properties by providing installation and maintenance services for critical infrastructures. Over a third of the Nordic countries’ CO2 emissions come from housing and construction. By maintaining, upgrading and digitizing properties, Bravida contributes to reduce emissions.
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Ivalua has been chosen for its flexibility to include bespoke developments to address specific business challenges for customers. Consequently, the platform will effectively digitize all of Bravida’s direct and indirect spend and enhance the group’s strong focus on sustainable procurement through increased transparency and relevant data from suppliers.
“Ivalua’s platform uniquely combines industry best practices for both direct and indirect spend, with the flexibility to deliver bespoke capabilities and empower our procurement strategy to provide Bravida with an additional competitive edge”, said Mattias Johansson, CEO and Group president at Bravida Holding AB. “This project is a great example of how innovation in procurement contributes to Bravida’s financial performance”, he concluded.