This is the Customer Success Story Title

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Absolutely no pressure. You are just a whisper floating across a mountain. There's nothing wrong with having a tree as a friend. We don't make mistakes we just have happy little accidents.

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Absolutely no pressure. You are just a whisper floating across a mountain. There's nothing wrong with having a tree as a friend. We don't make mistakes we just have happy little accidents.

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Absolutely no pressure. You are just a whisper floating across a mountain. There's nothing wrong with having a tree as a friend. We don't make mistakes we just have happy little accidents.

This is the default text value

Absolutely no pressure. You are just a whisper floating across a mountain. There's nothing wrong with having a tree as a friend. We don't make mistakes we just have happy little accidents.

This is the default text value

Absolutely no pressure. You are just a whisper floating across a mountain. There's nothing wrong with having a tree as a friend. We don't make mistakes we just have happy little accidents.

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Absolutely no pressure. You are just a whisper floating across a mountain. There's nothing wrong with having a tree as a friend. We don't make mistakes we just have happy little accidents.

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Remember how free clouds are. They just lay around in the sky all day long. Just make a decision and let it go. In your imagination you can go anywhere you want. Just take out whatever you don't want. It'll change your entire perspective. We're not trying to teach you a thing to copy. We're just here to teach you a technique, then let you loose into the world.

Absolutely no pressure. You are just a whisper floating across a mountain. There's nothing wrong with having a tree as a friend. We don't make mistakes we just have happy little accidents.

The first step to doing anything is to believe you can do it. See it finished in your mind before you ever start. Everyone wants to enjoy the good parts - but you have to build the framework first. All you have to learn here is how to have fun. Now, we're going to fluff this cloud.

This is the fun part We'll paint one happy little tree right here. Even trees need a friend. We all need friends. Let's make some happy little clouds in our world The light is your friend. Preserve it. You can create anything that makes you happy.

This is gonna be a happy little seascape If you do too much it's going to lose its effectiveness. God gave you this gift of imagination. Use it.

I really believe that if you practice enough you could paint the 'Mona Lisa' with a two-inch brush. We'll put all the little clouds in and let them dance around and have fun. When you do it your way you can go anywhere you choose. Trees grow however makes them happy. Making all those little fluffies that live in the clouds. The man who does the best job is the one who is happy at his job.

Every single thing in the world has its own personality - and it is up to you to make friends with the little rascals. Let's get crazy. Go out on a limb - that's where the fruit is.

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Fast to implement and easy to use

The procurement intelligence platform is designed for a fast implementation into your existing ecosystem. Its modern user interface is intuitive and easy to use.

Adjustable to your needs

We adapt reporting structures, KPI´s and industry-specific analytics to enable the best value for your company.

Immediate Value

Due to the continuous real-time data screening, the procurement intelligence engine will provide you with measurable cost-down initiatives from day one.

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Isn't it fantastic that you can change your mind and create all these happy things? That's what makes life fun. That you can make these decisions. That you can create the world that you want. Trees grow in all kinds of ways. They're not all perfectly straight. Not every limb is perfect.

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Remember how free clouds are. They just lay around in the sky all day long. Just make a decision and let it go. In your imagination you can go anywhere you want. Just take out whatever you don't want. It'll change your entire perspective. We're not trying to teach you a thing to copy. We're just here to teach you a technique, then let you loose into the world.

Absolutely no pressure. You are just a whisper floating across a mountain. There's nothing wrong with having a tree as a friend. We don't make mistakes we just have happy little accidents.

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Remember how free clouds are. They just lay around in the sky all day long. Just make a decision and let it go. In your imagination you can go anywhere you want. Just take out whatever you don't want. It'll change your entire perspective. We're not trying to teach you a thing to copy. We're just here to teach you a technique, then let you loose into the world.

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Industries We Serve

and where we add value.

1 -
20
Bn €

Annual Sales

~
50
%

BOM to Sales Ratio

~
10
%

Profit Margins

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

Our software is recognized

by leading procurement platforms

ivoflow has recently been selected for Spend Matters' prestigious "Future 5" list that highlights 5 innovative procurement technology startups based on thorough research of emerging procurement tech solutions. What is more, ivoflow has achieved a remarkable milestone by being selected as one of the 2024 ProcureTech100, an exclusive list of the most groundbreaking digital procurement solutions globally.

ProcureTech 100 BadgeSpend Matters Future 5 Auszeichnung im Jahr 2024.ProcureTech 100 Auszeichnung im Jahr 2024.

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
Akin Incesu, Director Purchase, Böllhoff Group
The first step to doing anything is to believe you can do it. See it finished in your mind before you ever start. Everyone wants to enjoy the good parts - but you have to build the framework first. All you have to learn here is how to have fun. Now, we're going to fluff this cloud.
John Doe
Head of Happiness

"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

The Böllhoff Group is a global partner for 360° joining technology, offering assembly and logistics solutions. Family-owned since 1877, the company stands for long-term success driven by innovation and customer proximity. As a specialist in fastening and joining, Böllhoff understands the specific requirements of its customers across all industries, supporting them in creating reliable and successful connections. With nearly 3,400 employees at its headquarters in Bielefeld, Germany, and across its global network, Böllhoff is actively shaping the future of joining technology.

Read Case Study

Akin Incesu

Boellhoff

"ivoflow impressed us with its holistic features, including market data analytics and customized reporting. At a glance, we can see how raw material price fluctuations impact our product groups and what actions make sense. In addition to their extensive expertise, we particularly value the collaborative partnership and the dedication of the team."

Torsten Bäuerle

Head of Procurement

The fischer Group of Companies, headquartered in Waldachtal in Germany’s Northern Black Forest, generated sales of €1.11 billion in 2024 with around 4,700 employees worldwide. The family-owned company operates 50 subsidiaries globally and exports to approximately 120 countries. It comprises four business divisions: fischer Fixing Systems, fischertechnik, fischer Consulting, and fischer Electronic Solutions.fischer Fixing Systems holds technological market leadership in key areas of fastening technology. The company offers technically superior products for a broad range of customers — from DIY enthusiasts and professional tradespeople to key account partners.

Read Case Study

Torsten Bäuerle

fischer

"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

Sense, Connect, Electrify. Our mission is to develop best in class sensor, connectivity and electrification solutions for the mobility of the future. We enable creative mobility solutions for a connected world. Our accelerating world requires an adaptive, lightweight approach from our industry, and it is now more important than ever for us to develop and keep networks updated to meet demand. Focus, Innovation, Values and Execution are our guiding principles. As a contributor in one of the world's most dynamic industries, it is essential that we create with a forward-looking, innovative approach in our areas of expertise, while respecting the values of the past.

Read Case Study

Achim Bielesch

Voltaira

“The automatically generated overview of potentials has already proven to be a valuable tool in our procurement. It provides us with transparency across all procurement levers — from dual-sourcing strategies and claw-backs to benchmarking and precise cash flow analyses — and helps us identify savings opportunities, manage risks in a targeted manner, and strengthen the resilience of our supply chain. In addition to the deep expertise in the automotive sector, we particularly appreciate the clear communication. The team ensures regular exchanges with all stakeholders to involve all relevant areas, thereby enabling the broadest possible use of the solution.”

Christoph Schürhoff

SVP Group Supplier Management

GRAMMER AG, headquartered in Ursensollen, specializes in the development and production of components and systems for passenger car interiors, as well as sprung driver and passenger seats for on- and off-road vehicles. In the automotive sector, the company supplies headrests, armrests, center consoles, high-quality interior components, and control systems to renowned passenger car manufacturers and system suppliers in the automotive industry. The Commercial Vehicles division covers the business areas of truck and off-road seats (tractors, construction machinery, forklifts) as well as rail and bus seats. With around 12,000 employees, GRAMMER operates in 20 countries worldwide. GRAMMER shares are listed in the Prime Standard and traded on the Munich and Frankfurt stock exchanges as well as via the electronic trading system Xetra.

Read Case Study

Christoph Schürhoff

GRAMMER

"ivoflow not only promised us the opportunity for co-creation, but also brought the technical expertise needed to connect other systems and integrate external data into our procurement solution. By linking ESG data with our internal procurement data, we can now evaluate suppliers at the push of a button — by location, category, or country — define targets, and also identify trends and deviations."

Oliver Casper

Head of Purchasing, TROX GmbH

TROX is a global leader in the development, manufacturing, and distribution of components, devices, and systems for room ventilation and air conditioning employs around 5,000 people across 28 countries, generating an annual revenue of 724 million euros.

Read Case Study

Oliver Casper

TROX

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Remember how free clouds are. They just lay around in the sky all day long. Just make a decision and let it go. In your imagination you can go anywhere you want. Just take out whatever you don't want. It'll change your entire perspective. We're not trying to teach you a thing to copy. We're just here to teach you a technique, then let you loose into the world.

Absolutely no pressure. You are just a whisper floating across a mountain. There's nothing wrong with having a tree as a friend. We don't make mistakes we just have happy little accidents.

The first step to doing anything is to believe you can do it. See it finished in your mind before you ever start. Everyone wants to enjoy the good parts - but you have to build the framework first. All you have to learn here is how to have fun. Now, we're going to fluff this cloud.

This is the fun part We'll paint one happy little tree right here. Even trees need a friend. We all need friends. Let's make some happy little clouds in our world The light is your friend. Preserve it. You can create anything that makes you happy.

This is gonna be a happy little seascape If you do too much it's going to lose its effectiveness. God gave you this gift of imagination. Use it.

I really believe that if you practice enough you could paint the 'Mona Lisa' with a two-inch brush. We'll put all the little clouds in and let them dance around and have fun. When you do it your way you can go anywhere you choose. Trees grow however makes them happy. Making all those little fluffies that live in the clouds. The man who does the best job is the one who is happy at his job.

Every single thing in the world has its own personality - and it is up to you to make friends with the little rascals. Let's get crazy. Go out on a limb - that's where the fruit is.

See how ivoflow works!

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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
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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
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

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