Start a Proof-of-Concept

and uncover your savings potential!

The Proof of Concept (PoC) is a feasibility check using your actual data. It enables informed long-term project decisions. During the POC, we'll identify cost-saving opportunities based on your data to help determine a strong business case.

  • Feasibility check of the software using your own data
  • First insights into your potential savings
  • Minimal resources on the customer side
  • 100% reimbursement of costs upon software implementation
Example Image of an ivoflow Spend Dashboard.Spend Matters Future 5 Auszeichnung im Jahr 2024.Spend Matters SolutionMap Validated 2025 badgeProcureTech 100 Auszeichnung im Jahr 2024.

Step 1

Initial analysis of your potential

  • Analysis of your specific challenges & alignment with the ivoflow solution

  • Review of your data foundation & current situation

  • Brief product demo & rough price indication

Step 2

Extended Demo Meeting

  • Presentation of the ivoflow solution to the extended stakeholder group

  • Extended demo tailored to your needs

  • Decision and rough outline of a proof of concept

Step 3

Start Proof of Concept

  • Alignment of objectives, schedule, expectations, and deliverables

  • Setup of the customer-specific demo environment

  • Report-out meeting with senior stakeholders

Step 4

Implementation

  • Start of Technical Implementation

  • Alignment of the timeline for onboarding and trainings

  • 100% reimbursement of proof of concept costs

The Proof of Concept at ivoflow

Software fees are an investment and so is the introduction: It requires a lot of resources and, in the best case, professional change management. In order to provide our customers with the best possible support before they actually decide on the software, ivoflow offers a proof of concept (PoC). It gives you the opportunity to test our software with your real data in a customer-specific demo environment in order to get to know the application and familiarize stakeholders with the system.

Good to know: The return on investment for ivoflow projects is 1:30.

4

weeks until report out

~10k

investment only

100%

visibility into your savings potential

1:30

return on investment with go-live

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See how ivoflow works!

This demo is only available on desktop devices. Please visit this page on a desktop computer to explore the full experience.

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Procurement Analytics
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Spend Dashboard
Initiative Manager
Opportunities & Risks
Direct
E02438
You can either discard, snooze or create a ticket from this opportunity.

Click on "Create Ticket" button to create a Ticket in the Initiative Manager.
Create Ticket
2024 Spend
$ 2.2 B
Last 12 M Spend
$ 1.78 B
Current Year S...
$ 300.03 B
Part No. Count
6204
Category Count
10
Supplier Count
2209
Gap to Target
$ 115.6 M
Spend Top Down
On your Spend Dashboard you can see an overview of all your Spend Data. You can easily drill down to a specific commodity or even part number.

Try it out by clicking on the "Direct" Bar!
Spend Development
Target
$ 74 M
Target
Spend Break Down
Opportunities & Risks
$ 57 M
Total Value
Average Gap to CMT
38% / 20%
Gap to CMT
63%
Current
2024 Spend
$ 1.8 B
Last 12 M Spend
$ 1.3 B
Current Year S...
$ 178.42 B
Part No. Count
4113
Category Count
6
Supplier Count
381
Gap to Target
$ 55.5 M
Spend Top Down
Spend Development
Target
$ 58 M
Target
Spend Break Down
Now that you've drilled down, you can see a more detailed breakdown of your Direct Spend across different commodities. This view helps you analyze spending patterns and identify potential savings opportunities.

To see a complete list of all Saving Opportunities and Risks click on "Opportunities & Risks" Button in the sidebar on the left.
Opportunities & Risks
$ 32 M
Total Value
Average Gap to CMT
12% / 20%
Gap to CMT
52%
Current
Cost Saving Potentials & Risks
Total (2998):
€ 258.64 M
Category
Market Intellige...
Localization
Localization
LPP
Dual Sourcing
Dual Sourcing
CMT
Localization
Localization
Market Intellige...
Currency
Market Benchm...
LPP
Localization
Localization
Supplier
Weinrich Indust...
Stein & Partner ...
Kunststoffwerk...
Schweighofer T...
Hartbeton GmbH
Weiss Polymer...
Stein & Partner ...
Schweighofer T...
IMBD Deutschl...
IMBD Deutschl...
Schweighofer T...
Hochleistungs ...
Glastechnik Wei...
Stein & Partner ...
Stein & Partner ...
Part Familiy
Thick Film
Thick Film
Thick Film
Thick Film
Fillers
MLCC
Thick Film
Thick Film
Additives
Thick Film
Thick Film
Thick Film
Sand
Precision
Precision
Part Number
590000186
458675
590000411
Multiple
590000186
458675
590000145
590000186
590000120
590000109
458790
590000377
590000220
Multiple
Multiple
Part Description
Thickfilm
Thickfilm
Thickfilm
Thickfilm
PORTLANDZE...
COG/NPO
Thickfilm
Thickfilm
PTE
Thickfilm
Thickfilm
Thickfilm
QUARZSAND...
Precision I
Precision I
Amount
€ 6.83 M
€ 3.27 M
€ 2.84 M
€ 2.4 M
€ 2.39 M
€ 2.32 M
€ 2.25 M
€ 2.11 M
€ 1.95 M
€ 1.91 M
€ 1.91 M
€ 1.81 M
€ 1.64 M
€ 1.63 M
€ 1.63 M
Action
Details
Now that you're on the Opportunities & Risks overview, you can see all potential Saving Opportunities and Risks across different categories.

To explore the details of a specific opportunity, click on the "Details" button!
Details
Details
Details
Details
Details
Details
Details
Details
Details
Details
Details
Details
Details
Details
You're now on the Opportunity Details page. Here, you can find key information, visual insights, and a detailed calculation of the potential savings. Take a closer look to evaluate the impact of this opportunity.

Click on "Index Overview" Tab to switch between Visualizations.
Wire Rod C66D Asia Pacific
Electricity Industry Average China
60%
Material
20%
20%
Energy
60%
Total
Saving Potential
$ 2.3 M / Market Intelligence
Supplier
ACME
Location
Eastern Asia, China, Beijing
Part Number
37652005
Part Description
Lorem Ipsum
Part Family
Rod Assembly
Receiving Plant
(2226) Cross Iron Mills Factory Corporation Limited
Plant Location
Germany
Detailed Calculation
Total (Base Currency)
€ 364,140
Date
2024-08
2024-08
2024-08
2024-08
2024-08
Price
¥ 2.98194
¥ 2.98194
¥ 2.98194
¥ 2.98194
¥ 2.98194
Baseline
100
100
100
100
100
Index Value
67
68
75
70
71
% Change
-32.85 %
-32.3 %
-24.96 %
-30.28 %
-28.75 %
Parts Received
231,600
151,400
170,400
219,000
266,200
Total Saving (...
¥ 158,827
¥ 102,087
¥ 88,785
¥ 138,440
¥ 159,763
Initiative
€ 13.05 M
SIM-382
Market Intellig...
Value
Type
Supplier
Part Number
€ 364.1 k
Market In...
ACME
37620005
Milena Meyer - Creative Developer ivoflow
In this new ticket you can adjust savings, tag your team members, weigh it by confidence level, add assets, description, see the calculation details and many more.
Also, you can track your progress by moving the ticket to the appropriate status at each stage.

Click on the Ticket to move it to "In Process".
Add Ticket
In Progress
€ 13.05 M
Add Ticket
Negotiations
€ 13.05 M
Add Ticket
Implemented
€ 13.05 M
Add Ticket
Rejected
€ 13.05 M
Add Ticket
Akin Incesu, Director Purchase, Böllhoff Group
"Our current analysis tools provide detailed insights into our spending, but they lack intelligent, automated, and visually-driven evaluation options. ivoflow offers us advanced visualization capabilities that go beyond the standard functions of our ERP system. The agility of the team allows us to implement short-term, customized adjustments, tailoring the software to perfectly meet our needs."
Akin Incesu
Director Purchase | Böllhoff Group
Torsten Vorwerk, Head of Purchasing at PAS 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
Oliver Casper, TROX
„I’ve been using the ivoflow platform 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 moreover intelligent procurement analytics solution.“
Oliver Casper
Head of Purchasing, TROX GmbH
Achim Bielesch, Global Senior Vice President Purchasing Voltaira group
"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
Jin Oh, Taelim
“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
Akin Incesu, Director Purchase, Böllhoff GroupTorsten Vorwerk, Head of Purchasing at PAS Group Oliver Casper, TROXAchim Bielesch, Global Senior Vice President Purchasing Voltaira groupJin Oh, Taelim

Your advantages of a proof of concept

Feasibility check of the ivoflow software using your own data

Why agree on a proof of concept?

Return on investment

The proof of concept provides you with an initial assessment of savings potentials, which you can use to determine the ROI.

Prospect of success

You can use your representative data set to check whether the ivoflow concept will lead to a successful project in the long term.

Feasibility Check

We give decision-makers the opportunity to evaluate the solution and assess whether our system fits your requirements and objectives.

Minimal resources

Quick setup of the demo environment without ERP integration.

Reimbursement

100% of the cost of the POC will be reimbursed should you decide to implement the software.

Benchmark

Create a solid basis for comparing ivoflow with other solutions.

Andreas Ritter - Strategic Account Director ivoflow
Andreas Ritter
Strategic Account Director

Let's discuss your potential.

Arrange a non-binding initial consultation with our experts – together, we will discuss your challenges and goals, while also providing a transparent assessment of the potential we see in your procurement organization.

Schedule a 30-minute call

How a Proof-of-Concept works

Week 1 | Start POC

Nomination of Project Teams, NDA Sign off, Alignment on Categories for the PoC

Week 2

Secure data submission of the selected categories, ivoflow to build customer specific demo environment

Week 3-4

Data import, cleansing, and validation, preparation for PoC Report out Meeting

Week 4 | End of POC

PoC report out meeting with customer project.- and leadership team, Implementation decision

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Data Security & Quality

Our certificates

Our aim is to guarantee our customers outstanding quality and data security for our products and services. ivoflow is ISO27001 and ISO9001 certified and has successfully passed external IT pentests by binsec GmbH to ensure the security of all data. binsec GmbH is an established IT security company from Frankfurt am Main with well-known customers, including banks and insurance companies.

ISO Certificate 9001
ISO Certificate 27001

FAQ on the Proof-of-Concept

What are the costs for the customer?
What is my greatest added value?
How long does the entire process take until PoC-Report-Out?
How many resources do we need?
Where is my data hosted?

Everything at a glance: The ivoflow Proof of Concept

We've compiled all the relevant information about the POC in one document for you.

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Schedule an initial call

with our experts

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What challenges is your procurement facing? How can ivoflow as a procurement solution help? We would be happy to discuss these initial questions in a non-binding introductory call. We look forward to your inquiry.

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