Zip is an intake to procure platform that centralizes purchase requests, streamlines approvals, and gives teams early visibility and faster workflows.
Procurement Apps
Ivalua
Zeiv is a better alternative for streamlining your procurement process
About Ivalua
Ivalua is a configurable procurement platform built to centralize everything from sourcing and contracts to supplier management and invoicing. Instead of juggling multiple tools and spreadsheets, teams get one place to run the entire source-to-pay process. It’s typically used by mid-market and enterprise organizations that deal with complex procurement workflows, and strict compliance needs. These are teams that want flexibility without having to rebuild their processes from scratch.
Ivalua’s core promise is simple: give procurement full visibility and control while keeping the system adaptable to any business model. Its strengths include deep configurability, strong supplier management, wide integration options, and a single platform that reduces fragmentation. The tradeoff is that the same flexibility can make setup and administration heavier, and new users may feel the learning curve.
If you need a powerful, customizable procurement backbone, Ivalua is built for it.
Ivalua is Ideal for
Ivalua is ideal for large enterprises that need deep procurement control, complex workflows, and end to end visibility across global operations. It suits teams with mature processes, heavy compliance needs, and the resources to support a more robust system.
Ivalua Top Features
| Feature Category | Feature | Ivalua Has It | Notes |
|---|---|---|---|
| Requisition & Intake | Intake Management | Yes | Strong fit if your intake process is fragmented. |
| Approval Workflows | Yes | Great for multi-step or cross-functional approvals, though the depth means admins need time to set it up right. | |
| Sourcing | Strategic Sourcing | Yes | Sourcing spans indirect, direct, services or complex categories. |
| RFx Management | Yes | Flexible templates support different event types without needing custom code. | |
| Contracts | Contract Lifecycle Management | Yes | Useful if contract renewals or obligations often slip. |
| Purchasing | Purchase Orders | Yes | Highly configurable flows help with compliance-heavy environments. |
| Catalog Management | Yes | Supports complex catalogs and supplier-managed content. Good for category managers who want tighter governance. | |
| Invoicing & AP | Invoice Automation | Yes | Strong pre-matching and automation. Best for enterprises aiming to streamline very detailed AP processes. |
| 3- or 4-Way Matching | Yes | Reduces reconciliation noise, especially useful if you deal with detailed receiving processes. | |
| Budget & Spend | Spend Analytics | Yes | Helps leadership see spend across categories and suppliers. High value if you struggle with clean visibility today. |
| Budget Controls | Yes | Gives finance and procurement shared oversight, though setup requires careful configuration. | |
| Supplier Management | Supplier Database | Yes | Good for organizations managing thousands of suppliers; centralizes data, risk scoring and activity. |
| Supplier Risk & Performance | Limited | Strong for regulated industries or teams running structured supplier scorecards. | |
| Integrations | ERP Integrations (SAP, Oracle, NetSuite, Workday) | Yes | Well suited if ERP alignment is a priority. Implementation takes planning but pays off with cleaner data. |
| Third-Party Risk & Compliance Integrations | Limited | Helpful for teams with strict due-diligence workflows or external risk providers. | |
| Usability | User Interface | Yes | Generally considered intuitive, though admins report a learning curve due to how configurable it is. |
| No-Code / Low-Code Tools | Yes | Useful for teams wanting flexibility without always engaging IT. | |
| Security | Enterprise-Grade Security | Yes | Built for large enterprises handling sensitive data and detailed compliance requirements. |
Ivalua Pros and Cons
Here are the top three pros and cons for Ivalua based on real-user feedback from the reviews.
Pros
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Deep configurability lets you tailor complex workflows without bending your process to the tool.
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Full visibility across sourcing, contracts, suppliers, and spend, which actually helps you enforce control.
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Stronger supplier oversight through centralized data, risk signals, and performance insights.
Cons
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Steep learning curve because the flexibility takes time for both admins and users to get comfortable.
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Longer implementations that need tight scoping and technical help, especially in enterprise setups.
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Limited self service on advanced features since some AI and niche configurations still require vendor support.
Precoro Reviews
Ivalua stands out for its flexibility and ability to handle complex requirements. The platform delivers strong value through frequent upgrades and AI enhancements. That same flexibility makes implementations time consuming and challedning. Administrators face a real learning curve without structured planning and support.
Daniel J
Ivalua also offers strong configuration depth and solid integrations with other systems. It’s versatile, user friendly, and the certification programs help teams understand the product better. The licensing model is complicated and the authorization counts lack transparency. The customer success function could also use more investment.
Antonio G
The interface is straightforward and easy to navigate, and the high level of customization lets us shape workflows and forms to our needs. The product roadmap looks promising, especially around AI. That said, some configurations still require vendor support, and implementing certain AI add-ons has proven more challenging than expected.
User (BFSI Sector)
Ivalua Alternatives
Zeiv
An AI-native procurement platform designed for simplicity. It aims to enable everyone in the business to request and track purchases without heavy training.
Airbase
A comprehensive spend-control platform combining procurement, AP automation, corporate cards and spend analytics. Best for growing companies.
Procurify
A modern procurement platform for mid-market teams that want simple workflows, faster approvals and real time budget visibility without the complexity of ERP.
Coupa
Enterprise-grade procure-to-pay platform with sourcing, supplier collaboration, global spend visibility and it's ideal for large organisations.
Stampli
An AP-focused tool that improves invoice capture, and payment workflows, great for companies looking to modernize AP without a full procurement suite.
SAP Ariba
A full enterprise procurement suite covering sourcing, contracts, P2P, supplier network — best when the scale and complexity are high.
Jaggaer
A source-to-pay platform suited for organizations that rely heavily on supplier collaboration, complex sourcing events and detailed contract management.
Precoro
Mid-sized procurement software focusing on requisitions, approval flows and budgeting. A simpler option compared to heavy suites.
Zip
Cut the chaos - manage procurement effortlessly with Zeiv
Frequently Asked Questions
What is the use of Ivalua?
Ivalua is used to manage the entire procurement lifecycle in one platform. Teams rely on it for sourcing, supplier management, contracting, purchasing, invoicing, spend analytics, and risk tracking. It helps large organizations centralize processes, improve compliance, and gain full visibility into spend and supplier performance.
Is Ivalua an ERP system?
No. Ivalua is not an ERP. It is a comprehensive procurement and spend management platform that integrates with ERPs like SAP, Oracle, and Microsoft Dynamics. It adds advanced sourcing, supplier, and procurement capabilities without replacing the core ERP.
How much does Ivalua cost?
Ivalua uses enterprise-level custom pricing. Costs depend on modules, number of users, implementation scope, and transaction volume. It typically requires a significant annual subscription plus onboarding and configuration fees.
What are the benefits of using Ivalua?
Ivalua gives organizations deep visibility into spend, strong compliance controls, flexible workflows, and robust supplier management. It supports complex global procurement, reduces manual work, strengthens supplier collaboration, and improves data accuracy across the entire source-to-pay process.
Who are Ivalua’s competitors?
Ivalua’s main competitors include SAP Ariba, Coupa, Jaggaer, GEP Smart, Oracle Procurement Cloud, and Basware. For mid-market alternatives, tools like Procurify, Precoro, Zeiv, and Zip sometimes compete on workflow simplicity and cost.