Expense Management

Expense Management

December 03, 2012

Michelin Group Picks Ivalua Buyer V7

When it comes to purchasing, there is no “cookie-cutter” answer. Each organization is different and at a different stage on it’s spend management journey. Michelin Group, a company specializing in the tire supply market in 170 countries, confirmed its association with Ivalua, a vendor in Spend Management Software.

Through this deal, the company has put its trust in Ivalua Buyer V7 to manage its expenses and contracts. The group will use Ivalua Buyer V7 to manage its supplier database, along with their 5000 contracts and five million invoices a year across 55 countries.

Ivalua offers a comprehensive and modular suite covering the whole spend management spectrum, from the strategic side to the transactional and analytical sides. Ivalua Buyer V7 is noted to be the right spend management software that includes 24 highly integrated modules covering the entire purchasing value chain: spend analytics, e-Sourcing, e-Procurement and supplier relationship & performance management.

Georges Cailleaud, IT project manager for Michelin Group indicated that the agronomical, user-friendly interface, along with the easy configurability of Ivalua Buyer V7 strongly appealed to the company. Cailleaud believes that a complete analysis of the company’s expenses, monitoring of its suppliers and the collaborative management of its contracts will provide a clear vision for the management of its purchases. This is noted to help the company use a single shared and streamlined tool at the enterprise level.

 “Michelin Group’s choice of Ivalua Buyer 7 is a real honor for us. This is a great reward for our teams who have worked hard on this new software version, which strives to be even more flexible and modular,” Gérard Dahan, marketing and communication director for Ivalua, said in a statement.

Based in Europe and the United States, Ivalua has successfully deployed over 100 projects in large international corporations across all sectors. Ivalua solutions have been widely proven and adopted by thousands of users around the world.

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Edited by Brooke Neuman

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