‍

Leading Corporate Procurement Teams!

Join us in co-creating an innovative digital solution incorporating procurement intelligence and AI-driven insights at every level.

‍

Are you facing any of the following challenges?

• Significant resource and time dedicated to managing strategic spend
• Large amounts of poor-quality data
• Fragmented system landscape and inadequate UX across systems
• Insufficient visibility into pricing and aggregate spend data
• Business need to enhance direct spend measurers for: Cost Savings, Cost Avoidance, Inflation Recovery, Performance KPIs, Advanced Insights, Spend Transparency, Market Intelligence, Intelligent Negotiations

‍

‍

Partner with ivoflow on ProcureTech’s ACCELERATOR program to improve profitability and enhance strategic decision making!

Background

ivoflow empowers industrial companies to manage their commercial procurement performance efficiently.

Using global market data, ivoflow provides in-depth automated procurement intelligence to improve bottom-line profitability. ivoflow will enable you to discover new avenues for cost savings, cost avoidance, inflation recovery, supplier resilience, category strategies, and support with intelligent negotiation preparations.

‍

Solution capabilities

• Utilize internal customer data and external market intelligence data to generate, drive and manage actionable cost measures
• Visualization and real time company-wide procurement reporting dashboard
• Rapid analysis and enhancement of category and supplier spend
• Internal data enriched and centrally stored alongside external market intelligence streamlined in to one database

‍

Our approach

• Key corporate partners will be selected depending on the compatibility between required use case and the capabilities of ivoflow
• Selected corporate partners will be invited to see ivoflow’s solution in action, with the opportunity to ask questions and share your pain points and use cases.
• During the Accelerator, ivoflow will work with corporate partners to co-create a smarter, stronger digital procurement solution
• The aim is to successfully pilot and/or begin a project with the solution provider in a 7-week accelerator program

What is the ProcureTech ACCELERATOR?

The ACCELERATOR is a fast-track program for innovative, digital procurement practitioners and activists, to collaborate and co-create with ivoflow, leader in advanced analytics. By using collective intelligence and experience, the ACCELERATOR is the catalyst for smarter, stronger and impactful partnerships with leading corporates.

‍

Your Application

Leading corporate procurement teams are invited to submit their challenges.

Please provide the following:

• A brief overview of your procurement intelligence & analytics challenges
• Core capabilities you are looking for in a solution provider
• Relevant use cases where applicable

‍

Corporate confirmation due: Q1 2024

Contact: ACCELERATOR@procuretech.co

Accelerator Fee: Free

What others say

‍

Jaguar Land Rover

Advanced Analytics Accelerator

‍

Challenge

• Multiple non-connected data sources within Direct, Aftermarket and Indirect
• Missing Consistency, Availability and Reliability of Data
• Build a future-proof scalable platform architecture

Solution

• Generated full spend transparency across groups, suppliers and car lines
• Automatically identified new cost save opportunities
• Established commodity groups and a part family architecture

‍

‍

‍

 „During the 7 weeks accelerator project we bootstrapped a solution to generate full spend transparency across all of our procurement operations“

‍

Lawrence Wilson

Purchasing Strategy Manager

Jaguar Land Rover

‍

‍

‍

‍

Apply Now

‍

‍ACCELERATOR@procuretech.co

- or -

hello@ivoflow.com

‍

‍

About

‍

At ProcureTech we are on a mission to build the digital future of procurement.

Solving the most pressing social, environmental and economic challenges for our customers globally requires new thinking and a new platform for procurement leaders, entrepreneurs and the procuretech ecosystem.

ProcureTech catalyses digital procurement transformation through our proprietary platform of digital procurement solutions, intelligence, approaches and experts. We shift procurement performance through the design and implementation of digital procurement strategies, road maps, new procuretech stacks and digital centers of excellence.

Our approach includes the ProcureTech StrategyLAB, ACCELERATOR and SCOUT solutions, which match leading corporates with innovative digital procurement solutions to co-create and deliver smarter successful digital partnerships that scale. ProcureTech is also home to the ProcureTech100. Curated annually with Kearney, the ProcureTech100 are the 100 pioneering digital procurement solutions super charging the enterprise.

The ProcureTech platform is the one place that unites and energizes the whole digital procurement ecosystem.

‍

‍

‍

‍

ivoflow is a customer-focused and value-oriented organization that believes anything is possible. We bring together extensive procurement experience and latest software technology.

Along with a global team of driven, creative software developers, our mission is to help solve global manufacturing companies' common pain points.

Based on our own extensive global automotive procurement experience, we understand unstructured and disrupted data sets, ambitious cost-saving-targets and complex global markets.

Using our software solution, customers can manage their spend strategically to gain full transparency, insights into new value-delivery-opportunities and stay on top of ever changing markets.

We are your path for automatically identifying opportunities to save costs, preventing price increases, recover from inflation, enhance supplier resilience, formulate category strategies, and prepare for smart negotiations.