Alliad Revolutionizes Procurement with Ivalua, Securing Digital Transformation Award
Our goal was to streamline the upstream procurement activities, ensuring compliance and efficiency while maintaining strong relations with Tier 1 suppliers," he stated, emphasizing the necessity for an upgrade.
In response to these challenges, Alliad sought a solution through Ivalua, implementing an advanced Supplier Portal that digitized the supplier approval process. This innovative approach streamlined communications across different tiers of the supply chain, facilitating a fluid interaction from Tier 1 suppliers down to the deeper tiers.
With Ivalua's capabilities, Alliad experienced a surge in productivity. Users can now effortlessly create purchase orders, request quotes, and manage contracts on a single platform. Furthermore, the integration of Ivalua with Alliad's Warehouse Management System (WMS) guaranteed seamless tracking of orders, management of inventories, and efficient invoice processing.
Suppliers have benefitted as well, now able to self-onboard through the platform by submitting necessary documents, such as trade licenses and compliance documents. This self-service functionality has fostered a quicker onboarding process and minimized delays.
The shift to Ivalua has yielded substantial results for Alliad:
In Adam Lalani, Alliad's Chief Technology Officer's words, "With Ivalua, we've turned a complex challenge into an opportunity for innovation," epitomizing the success of their transition from a predominantly manual system to a modern, data-driven approach.
Alliad demonstrates the power of digital transformation as it embraces a future built on efficiency and sustainability. Their commitment to harnessing advanced technology ensures they remain a competitive player in the sector while prioritizing economic growth, community empowerment, and environmental responsibility.
Ivalua stands as a preeminent provider of cloud-based spend management solutions, leveraging artificial intelligence to enhance profitability and sustainability. With its unified platform, Ivalua caters to numerous industries, increasing productivity for organizations and reducing their risks. Many globally recognized brands trust Ivalua to optimize their procurement processes.
With its roots in engineering and management services, Alliad has positioned itself at the forefront of integrated services within emerging markets. By aligning with local partners and committed to sustainable development, Alliad continues to be the preferred partner for numerous companies and organizations navigating complex operational environments.
Implementing Ivalua's Supplier Portal
In response to these challenges, Alliad sought a solution through Ivalua, implementing an advanced Supplier Portal that digitized the supplier approval process. This innovative approach streamlined communications across different tiers of the supply chain, facilitating a fluid interaction from Tier 1 suppliers down to the deeper tiers.
Enhanced Procurement Efficiency
With Ivalua's capabilities, Alliad experienced a surge in productivity. Users can now effortlessly create purchase orders, request quotes, and manage contracts on a single platform. Furthermore, the integration of Ivalua with Alliad's Warehouse Management System (WMS) guaranteed seamless tracking of orders, management of inventories, and efficient invoice processing.
Suppliers have benefitted as well, now able to self-onboard through the platform by submitting necessary documents, such as trade licenses and compliance documents. This self-service functionality has fostered a quicker onboarding process and minimized delays.
Results of the Transformation
The shift to Ivalua has yielded substantial results for Alliad:
- - Efficiency Gains: Time allocation towards administrative tasks has decreased by over 30%, allowing the procurement team to concentrate more on strategic sourcing and enhancing supplier relationships.
- - Cost Savings: Automation triggered approximate financial savings of 20%, enabling Alliad to seize previously overlooked opportunities.
- - Visibility into Supply Chain: Enhanced oversight over supplier performance and compliance metrics has translated into improved decision-making, particularly regarding sustainability initiatives.
In Adam Lalani, Alliad's Chief Technology Officer's words, "With Ivalua, we've turned a complex challenge into an opportunity for innovation," epitomizing the success of their transition from a predominantly manual system to a modern, data-driven approach.
Looking Ahead
Alliad demonstrates the power of digital transformation as it embraces a future built on efficiency and sustainability. Their commitment to harnessing advanced technology ensures they remain a competitive player in the sector while prioritizing economic growth, community empowerment, and environmental responsibility.
About Ivalua
Ivalua stands as a preeminent provider of cloud-based spend management solutions, leveraging artificial intelligence to enhance profitability and sustainability. With its unified platform, Ivalua caters to numerous industries, increasing productivity for organizations and reducing their risks. Many globally recognized brands trust Ivalua to optimize their procurement processes.
About Alliad
With its roots in engineering and management services, Alliad has positioned itself at the forefront of integrated services within emerging markets. By aligning with local partners and committed to sustainable development, Alliad continues to be the preferred partner for numerous companies and organizations navigating complex operational environments.
Topics Business Technology）
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