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What is Keelvar?

Founded within Europe's premier Artificial Intelligence Research Lab, Keelvar is the brainchild of a dedicated team of computer scientists and engineers proficient in AI, Optimization, and Game Theory, revolutionizing the landscape of strategic sourcing. The company is propelling procurement into the future with its cutting-edge software designed for optimal sourcing and automation, ensuring it is user-friendly, scalable, and enhances productivity. Keelvar's SaaS products deliver tailored solutions to esteemed global corporations, including notable clients like Logitech, Samsung, Novartis, Coca-Cola, DSV, and Grupo Nutresa, along with CommScope. By focusing on strategic sourcing for logistics, direct materials, and indirect spends, Keelvar empowers its customers to achieve greater efficiency. In June 2020, the firm secured $18 million in Series A funding to expedite product development and broaden its global reach. With its headquarters located in Cork, Ireland, Keelvar boasts a team of employees worldwide ready to support its diverse operations, reinforcing its commitment to innovation and excellence. This extensive network allows them to better understand and meet the unique needs of their clients across various markets.

What is Ivalua?

The Source-to-Pay (S2P) process encompasses a detailed series of actions that connect organizations with their suppliers, starting from the selection of appropriate suppliers to meet particular requirements, and progressing through negotiations and contract finalization for the procurement of goods and services. Ultimately, this sequence wraps up with the invoicing and settlement of payments to these suppliers. Beyond the basics, S2P integrates strategic procurement elements such as spend analysis, sourcing, contract oversight, and supplier management, which includes evaluating supplier data, assessing risks, and measuring performance. It also incorporates downstream procedures like electronic procurement, managing purchase orders, automating invoices, and handling accounts payable tasks. By utilizing the Source-to-Pay framework, organizations aim to reduce costs, manage risks more effectively, stimulate innovation, strengthen supplier relationships, and fulfill various strategic goals. Furthermore, Ivalua’s Source-to-Pay platform enhances and digitally transforms the entire procurement process across diverse categories of spending and supplier interactions, boosting both efficiency and effectiveness. This comprehensive methodology not only enables companies to adapt swiftly to market fluctuations but also optimizes their entire supply chain management processes, ultimately leading to improved overall performance.

Media

Media

Integrations Supported

SAP Ariba Strategic Sourcing

Integrations Supported

Adobe Acrobat Sign
Aprovall
Docusign
Entrio
Fairmarkit
Leah
Lemon Learning
Procure Ai
Punchout Catalogs
Shortways
TCS CHROMA
TCS HOBS
TCS Intelligent Urban Exchange
TCS MasterCraft DataPlus
TCS MasterCraft DevPlus
TCS MasterCraft TransformPlus
TCS OmniStore
TCS Optumera
TCS TAP

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS
Windows
Mac

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Keelvar

Date Founded

2012

Company Location

Ireland

Company Website

www.keelvar.com

Company Facts

Organization Name

Ivalua

Date Founded

2000

Company Location

United States

Company Website

www.ivalua.com

Categories and Features

AI Procurement

Not specified

Procurement

Auction Management
Bid Management
Sourcing Management
Spend Management
Supplier Management

Categories and Features

AI Procurement

Not specified

Contract Management

Contract Lifecycle Management
Electronic Signature
Pre-built Templates
Workflow Management

eProcurement

Not specified

Procurement

Asset Management
Auction Management
Budget Management
Catalog Management
Contract Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Purchasing

Catalog Management
Compliance Management
Invoice Processing
PunchOut
Purchase Order Management
Requisitions & Approvals
Spend Management
Supplier Management

Spend Analysis

Not specified

Spend Management

Expense Tracking
Procurement Management
Spend Analysis
Supplier Management

Vendor Management

Audit Management
Contact Management
Self Service Portal
Supplier Master Data
Transaction History
Vendor Maintained Profiles
Vendor Performance Rating
Vendor Qualification Tracking

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