ivoflow, a leading provider of procurement intelligence solutions for direct purchasing, and IntegrityNext, the cloud-based platform for sustainable supply chains, have become solution partners in the field of ESG performance.
“The core function of our software is to automatically identify potential savings and risks. To do this, we combine internal ERP data with external market data to provide a holistic overview of purchasing data and make the effects of market developments on the purchasing organization comprehensible so that appropriate measures can be taken,” explains Nicolas Neubauer, Managing Director and Co-Founder of ivoflow . “In view of the increasing legal requirements for supply chains, ESG criteria must also be increasingly incorporated into purchasing decisions.”
The interface to IntegrityNext enables ivoflow customers to visualize all relevant sustainability key figures of their suppliers in real time in a single dashboard. By integrating this data with internal purchasing data, users can easily carry out supplier assessments for individual locations, product groups or countries, set targets and identify trends and deviations at an early stage. ESG dashboard that a supplier has a critical rating, they can communicate with the supplier via the IntegrityNext tool and initiate the appropriate measures to mitigate the risk. The user can also call up further information on the supplier, such as certificates, in IntegrityNext.
Katrin Ostheimer, Head of Partner Management at IntegrityNext: “We are constantly expanding our partner network to include leading software providers and integration partners in order to seamlessly integrate our platform and data into existing IT systems - wherever they are needed. This avoids data silos and firmly anchors sustainability in business processes. The integration of sustainability metrics into spend analytics enables responsible purchasing decisions - this is exactly where ivoflow ideally complements our partner network.”
In addition to the interface to IntegrityNext, the ivoflow software also has interfaces to other technology partners, including the raw materials database Matflixx. Neubauer: “We want to offer our customers a customized product. That's why we stay close to the market, listen to the challenges facing the industry and ensure that we incorporate the relevant solutions and functions into the core product - always taking scalability into account.”
About IntegrityNext
IntegrityNext is a global pioneer in sustainable supply chains. Since 2016, leading companies have relied on IntegrityNext's software solutions to meet ESG compliance, reduce risk and efficiently manage challenges such as due diligence, decarbonization and sustainability reporting. With over 500 customers and 2 million suppliers in 190 countries, IntegrityNext is the partner for responsible and future-proof supply chains.
Further information at www.integritynext.com
