ivoflow GmbH

ivoflow is an intuitive AI-powered Procurement Intelligence Platform which drives actionable value delivery and cost reduction initiatives. Are you searching for a market intelligence tool for your procurement? Our software ensures a seamless flow of data to opportunity realization. Our ServiceWith our service, we promise to be the best possible solution for your company. You can always rely on the highest quality and a wide range of services. Fast to implement and easy to use Adjustable to your needs Immediate Value Training 01 | Fast to implement and easy to useThe procurement intelligence platform is designed for a fast implementation into your existing ecosystem. Its modern user interface is intuitive and easy to use.02 | Adjustable to your needsWe adapt reporting structures, KPI´s and industry-specific analytics to enable the best value for your company.03 | Immediate ValueDue to the continuous real-time data screening, the procurement intelligence engine will provide you with measurable cost-down initiatives from day one.04 | TrainingTo build know-how and ensure acceptance of our tool, we are developing an individual training plan to optimize the user experience and outcomes. More...

Decentralised data as a central procurement solution Data extracts from SAP, Infor, Oracle or other ERP systems, supplier information from SRM, trend analyses in PowerBI: you are no doubt familiar with the problem of having to obtain and reconcile information from different systems. By integrating your data, supplemented by relevant market data, our software offers you an end-to-end solution for strategic purchasing and enables you to reduce system disruptions and work more efficiently. Data IntegrationAll your internal transactional and master ERP-data, such as supplier master data, parts master data and purchase orders are imported automatically, cleansed and centrally stored.Target prices, greenfield analyses or shadow calculations and supplier and product group targets can also be imported. Data EnrichmentExternal market data such as commodity prices, customs duties, exchange rates as well as energy and logistics costs are constantly fed in live via an external interface and assigned to the individual product groups or parts. Third Party SolutionsThird-party solutions and operational procurement solutions for S2C, P2P, SRM, ESG, risk management or sustainability can also be integrated into ivoflow - the basis for a successful procurement analytics solution. Category ArchitectureCreate the basis for your category organization and strategies. Get a detailed overview of your category structure, broken down into more granular sub-categories and sub-families. Set up individual and customized spend cubes according to the responsibility of each user and ensure transparency and focus for each of your employees. Learn more...

Cost savings at the push button Enable your purchasing organization to optimize strategic purchasing decisions: through real-time data analysis, dashboards and automatically generated recommendations for action. Our software provides you with personalized visualizations and reports in real time on your direct spend and various KPIs and shows potential savings - without additional time and effort. Navigate between different dashboards at product group, supplier and part levels to gain comprehensive insights into your spend and identify cost drivers and risks. Categories and part familiesClear and intuitive dashboards and lists give you direct access to product groups and parts families. The drill-down function provides you with information at part number level and a quick insight into framework agreements with your suppliers. Part numbersThe dashboard provides you with a holistic overview at part number level, including: Localization rate Dual sourcing rate Deviation from target price or cost model Price trends Insight into all orders and contracts Comparison and creation of offers and benchmarks SuppliersThe supplier dashboard or supplier lists provide easy access and control over suppliers and their individual supplier codes. Prices and terms of payment Overview of your suppliers' expenditure and savings Financial stability Deviations from target agreements Compliance and sustainability Part families and high runners Cost saving potentials and risks Supply chainsThe "Supply chains" function visualizes the complex supply chains of your direct suppliers. It provides insight into the supply flows from the supplier's plant to your production sites. In the event of geopolitical crises, force majeure or ailing suppliers, you can obtain an overview of potential risks or regions. Learn more...

Identify cost saving potentials and risks in real time The toolbox that procurement teams have been waiting for: Our Cost Saving Toolbox constantly analyzes and interprets internal and external data sets to identify new potential and alert procurement organizations to any risks. Automated Cost-Saving-ToolsMake 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 User NotificationOur 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. Saving Potentials and Risk ListsOur 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. Learn more...