Ivalua enables Konica Minolta to consolidate processes, improve spend visibility, and enhance operational efficiency.
Ivalua, a global leader in spend management, and its partner Optis Consulting, announced that Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta), a global provider of business technology solutions, has selected Ivalua’s unified platform to transform its Source-to-Pay (S2P) operations.
Prior to selecting Ivalua, Konica Minolta identified opportunities to optimize its Source-to-Pay Operations, which were hindered by fragmented systems and inconsistent processes. Reliance on manual, transactional tasks and limited adoption of legacy platforms reduced visibility into spend, impacted productivity, and prevented teams from focusing on more strategic, values-driven initiatives.
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To address its current complexities and limitations, Konica Minolta partnered with Ivalua to streamline its end-to-end S2P operations, including Sourcing, Supplier & Risk Performance Management, Contract Lifecycle Management, and Invoicing, across its procurement and accounts payable functions. The organization will also utilize Ivalua’s Intake Management solution, enabling employees to engage in procurement activities with greater ease and transparency. This will help eliminate silos and deliver a more autonomous, intuitive, and user-friendly experience.
By leveraging Ivalua’s no-code/low-code configuration and robust capabilities, including seamless integration with SAP, the platform delivered a tailored solution that met Konica Minolta’s unique business requirements. Through increased automation, enhanced visibility into spend, and access to better data, Konica Minolta is positioned to unlock greater value, identify cost-saving opportunities, and assess procurement performance, efficiency, and stakeholder satisfaction.
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“Ivalua’s integrated platform will become our single source of truth, improving quality and empowering us to make faster, data-informed decisions,” said Holly DeSantis, EVP & Chief Financial Officer, Konica Minolta. “By choosing Ivalua as our partner and capitalizing on their configurable solutions, we’ll create a seamless experience for both employees and vendors, strengthening our commitment to being the easiest company to do business with.”
“We are thrilled to welcome Konica Minolta into the Ivalua customer community,” said Dan Amzallag, Chief Operating Officer, Ivalua. “By harnessing the power of our unified platform, Konica Minolta will drive new levels of procurement transformation that are agile, intelligent, and truly scalable. We look forward to partnering on their digital Source-to-Pay journey and elevating efficiency, value, and innovation together.”