Procurement Performance Management

Our Procurement Performance Management offers a holistic solution that combines the tracking of KPIs, the implementation of cost-saving initiatives and targeted preparation for supplier negotiations through comprehensive reporting functions. By analyzing supplier performance and costs in detail, we enable companies to plan procurement efficiently and strategically. In this way, you can realize long-term savings and strengthen your competitiveness.

Level up your procurement potentials

by managing your savings initiatives.

Supplier and performance KPI

All KPIs for the performance of your suppliers and product groups in just one dashboard – tailored to individual areas of responsibility. This allows you to view and monitor the various KPIs directly:

  • Spend per Supplier
  • Amount of Supplier per Group
  • Total Amount of Suppliers
  • Incoterms Analysis and Trends
  • Best Cost Country Rate
  • Localization Rate
  • Price Trend and Price Performance
  • PPV Performance

Savings Initiative Manager

Use the Savings Initiative Manager to track and implement your procurement projects from start to finish. With the Kanban Board, developed specifically for strategic purchasing, you can manage your procurement projects collaboratively - the perfect blend of a procurement savings tracker, planning and project management tool.

Savings Planning and Reporting

The "Savings Planning and Reporting" (SPR) function is designed to assist your procurement organization in managing and tracking their financial savings goals.

Negotiation preparation

Negotiation preparation at the touch of a button: An export function provides you with reports for internal strategy meetings or supplier negotiations – in .pdf or .ppt format as required. The reports include a detailed analysis of your expenses and savings, KPIs, an overview of all negotiation levers at part number level to optimize your negotiation strategies.

The supplier report-outs include
  • Spend and savings trends
  • Breakdown by category and parts family
  • Development of key performance indicators (KPI)
  • Roadmap for savings and projects
  • Supplier-specific negotiation points at item level
  • Overview of mandatory documents such as acceptance of terms and conditions
The strategy report-outs include
  • Spend and savings development
  • Breakdown by category and part family
  • Development of key performance indicators (KPI)

Your Benefits

  • Meeting preparation at the touch of a button saves time
  • Focus on the strategic core competence of the buyer
  • No manual preparation of Power Point presentations
“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

We enable you to transform your procurement.

Book a demo with our experts and get an overview of how ivoflow takes your procurement game to the next level.

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Stay up to date

on procurement technology trends.

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Case Study
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Walmart Advanced Analytics Accelerator powered by ProcureTech

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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.

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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!