Man standing in front of a data-grid world map with Logistics Overlay

Procurement Analytics Software

by ivoflow

The Procurement Analytics Software by ivoflow empowers manufacturing companies to effectively manage their commercial procurement performance.
With ivoflow you can automatically identify opportunities to save costs, prevent price increases, recover from inflation, enhance supplier resilience, formulate category strategies, and prepare for smart negotiations.

Companies need a procurement analytics tool to stay competitive.

Problem: global supply chains are under constant pressure.

Uncertain geopolitical factors, rising energy cost and highly volatile raw material markets as well as increasing global competition – all these issues make global supply chains and the procurement of goods challenging and unpredictable.

We combine years of procurement experience with an AI-powered software.

Solution: a procurement analytics tool

We have built an intuitive Procurement Management System that combines internal procurement data and external market intelligence. This is your path for automatically identifying opportunities to:

Save cost & prevent price increases
Recover from inflation
Enhance supplier Resilience
Leverage market intelligence data
Formulate category strategies
Prepare for smart negotiations

Discover our Procurement Analytics Tools.

Visualize your spend and realize cost savings.

Our advanced procurement analytics software will save you time and money.

We ensure a quick ROI and increased profitability by constantly monitoring your procurement data and highlight new cost saving potentials as soon as they arise.

$90B

spend data imported & analyzed.

10

unique Procurement Intelligence Tools developed.

+30X

Average return of invest for our clients

4,7%

in new cost-savings identified on the entire direct spend.

Trusted by leading organizations.

Empowering Industrial Enterprises Worldwide.

Adrian Hommen, Head of Customer Projects, working on a laptop
Adrian Hommen, Head of Customer Projects, working on a laptop

More than just a procurement software.

This is why companies work with us.

We consult, co-create and develop innovation together with our clients. We listen to their problems and adapt our procurement analytics software exactly to our customers' needs and challenges.

Learn more

A Procurement Analytics Software

recommended by customers and partners from the industry.

"ivoflow did not bring change, it was the change. We now have direct visibility into all of our categories in all of our global locations. Actionable insights are found in just a couple of seconds instead of time-consuming analysis."

Achim Bielesch

Global Senior Vice President Purchasing Voltaira group

Achim Bielesch, Voltaira Group

"Our decision regarding the implementation of ivoflow was one of our most important strategic steps in the past few months. The solution orientation and professional support in the introduction and training phase from the entire ivoflow team is very positive, starting with the two founders and the technical experts in the background to the competence of our trainer. Thank you very much!"

Torsten Vorwerk

Head of Purchasing | PAS Group & CPO | PAS Cable GmbH

Torsten Vorwerk, Head of Purchasing at PAS Group

“I've been using this analytics tool for several months now and it has exceeded my expectations. The user-friendly interface, customizable dashboards and accurate data reporting have made analyzing our business performance a breeze. I highly recommend this tool to anyone looking for a reliable, efficient and more over intelligent analytics solution.”

Oliver Casper

Head of Purchasing | TROX GmbH

Oliver Casper, TROX

“As a medium size company, Taelim has limited resource for procurement management with lack of long-term & strategic approach. After implementing ivoflow, our purchasing department has been sharpened more focusing on negotiation and strategic planning rather than research and reporting. Most importantly, I can now rely on the system with transparency, exploring new cost improvement potentials based on logical approach with real-time market data.”

Jin Oh

President | Taelim Industrial Co. Ltd

Jin Oh, Taelim

"Game Changer. A procurement software solution that will address today’s complexity and pain points with the ability to reach #nextlevelofpurchasing."

Dirk Ringelkamp

Automotive Executive Purchasing | Founder of DQM Consulting GmbH

Dirk Ringelkamp, DQM Consulting

„ivoflow’s intuitive procurement intelligence platform uses advanced technology to create and manage data-driven ideas that deliver real impact. The ivoflow solution is an essential element in the digital procurement stack."

Lance Younger

CEO ProcureTech

Portrait picture of Lance Younger from ProcureTech

Our procurement analytics software

is completely certified.

Our certifications complement the very high information security standard we have at ivoflow. Confidentiality, availability and integrity of data have the highest priority in safeguarding while working with our customers.

ISO Certificate 9001
ISO Certificate 27001
Daniel Demuth and Nicolas Neubauer in a conversation
Daniel Demuth and Nicolas Neubauer in a conversation

We bring together years of procurement experience

and artificial intelligence.

„With ivoflow we do not only provide a procurement software. We  share best practices based on our own intensive global automotive procurement experience and we are excited to co-create innovation with our clients to become the most suitable digital procurement solution.”

About us

Procurement Trends and more

Stay up to date.

Blog
June 18, 2024

Adrian's job in the software industry

In the world of software development, there are developers and then there is Adrian. As Head of Customer Projects at ivoflow, the 28-year-old is responsible for ensuring that customers can use the software successfully. Complex algorithms, huge spreadsheets, or demanding code – Adrian doesn't shy away from any problem. As one of the first employees at ivoflow, he knows the product like the back of his hand and is passionate about the start-up's vision. We asked him about his area of responsibility in software development.

Blog
June 3, 2024

A software from procurement for procurement: interview with our founders

Nicolas Neubauer and Daniel Demuth are the founders of ivoflow. The two first met about ten years ago while working in strategic procurement at their previous employer in the automotive supplier industry. Frustrated by the complex requirements of procurement on the one hand and the lack of a helpful digital solution on the other, they decided to take matters into their own hands – and founded ivoflow.

Blog
May 22, 2024

Digitization in procurement: these are the most common reservations when introducing new software

There are many reasons for the slower development towards digitization in procurement. Concerns and reservations about a new solution are slowing down the decision-making process. Even the upstream decision for or against software in general is difficult for companies. Especially in procurement the question of software should be approached more openly. After all, procurement – as a hidden champion – can make a decisive contribution to the company's success with its numerous levers.

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Let us show you how ivoflow can support your business. We are ready to showcase our procurement management system. Together we will find the perfect solution for your company. Feel free to give us a call or e-mail us today!