Cost-Savings-Toolbox

The toolbox that procurement teams have been waiting for: Our Cost Savings Toolbox constantly analyses and interprets internal and external data sets to identify new potential and alert procurement organizations to any risks.

Learn More

A pop-up window presenting a notification that a new cost saving potential has been found

Identify cost saving potentials

and risks in real time.

Automated Cost-Saving-Tools

Make full use of the tools in our software to generate your savings.

Dual- and Multiple Sourcing
Currency Clawback & Risk
LPP (Linear Pricing Performance)
Localization Opportunities
Raw Material Clawback & Risk
Energy Cost Clawback & Risk
Benchmark, Quote Comparison
Manufacturing Part Number Analysis
Cost Model Target Analysis
Payment Terms & Cash Flow Analysis

A screenshot of the savings initiative manager in the tool as well as possible levers represented by icons

User Notification

Our system proactively notifies users as soon as a new savings opportunity is identified. Each automatically identified initiative is fully calculated and visualized for the user. The result: a clear list of savings initiatives that you can use for the next supplier negotiation.

A pop-up window showing that a new cost saving initiative has been found

Saving Potentials and Risk Lists

Our system provides an overview of all potentials and risks in real time – whether at supplier, product group or part number level. This also enables you to immediately understand the effects on your procurement in the event of material price changes and to take appropriate measures.

A list of potential cost saving initiatives provided by the ivoflow software

Your Benefits

Complete control over dynamic markets and the resulting effects on your own procurement
Solid basis for procurement strategies and supplier negotiations
Support in the strategic planning of your purchasing goals
Automated market monitoring thanks to intelligent software

„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

Read Case Study

Request a Demo now

Let our experts show you how ivoflow enables you to take your procurement to the next level.

Book Demo

Stay up to date

on procurement technology trends.

Press

August 25, 2023

Launching new brand name ‚ivoflow’.

Effective August 25th we will be operating under our new brand name ‚ivoflow’ - reflecting our vision of bringing intelligence, value, orchestration, and a seamless flow to the forefront of the digital procurement landscape.

Learn More

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.

Learn More

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.

Learn More

Want to know more

about our procurement solution?

Thank you! Your submission has been received!

Oops! Something went wrong while submitting the form.

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!

hello@ivoflow.com

+49 (0) 261 8854 261