Ivalua, a global leader in spend management, today announced that it has been named a Leader in the 2021 Gartner “Magic Quadrant for Procure-to-Pay Suites.” The Gartner report evaluated full-suite procure-to-pay (P2P) solutions from 12 different software vendors across a broad set of criteria, placing Ivalua in the Leaders quadrant based on its ability to execute and completeness of vision. This represents the 3rd consecutive year Ivalua has been positioned in the Leader quadrant for P2P suites by Gartner.
P2P suites optimize the purchasing and payables process, supporting improved financial controls, process compliance, cost savings and risk mitigation. They also improve employee productivity, particularly when employees work remotely, support the environment by reducing paper usage and help ensure stable supplier relationships with timely invoice and payment processing.
Read More: SalesTechStar Interview with Vlad Voskresensky, CEO at Revenue Grid
“Ivalua is proud to once again be recognized by Gartner as a Leader in Procure-to-Pay,” said David Khuat-Duy, Founder and CEO of Ivalua. “Our focus on ensuring a great experience for users and suppliers ensures broad adoption for our customers, while best practices tailored for unique industries maximize the benefits achieved. I’d like to thank our teams who have been instrumental for this recognition and proving that companies don’t need to compromise between rapid time to value and agility to address unique or evolving needs.”
Read a complimentary copy of the full October 2021 report to get an up-to-date view of the market and vendor offerings.
Read More: SalesTechStar Interview with Sonny Dasgupta, Head of Product Marketing at Conversica
Gartner, Magic Quadrant for Procure-to-Pay Suites, October 25th, 2021, Kaitlynn Sommers, Micky Keck, William McNeill, Tim Faith.
GARTNER and Magic Quadrant are registered trademarks and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
