Convergint Partners with Ivalua and Deloitte to Automate Direct Procurement Processes
Ivalua, a global leader in spend management, and its partner Deloitte, announced that Convergint, a global systems integrator, has selected Ivalua’s platform to automate its Source-to-Pay (S2P) processes.
Convergint specializes in the design, installation, and service of electronic security, fire and life safety, audio-visual, and building automation systems for enterprise customers. Headquartered in Schaumburg, Illinois, Convergint has experienced significant growth since its founding in 2001 and now boasts over 10,000 colleagues in more than 220 locations across the globe. In 2024, it generated over $2.6 billion in revenue.
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As part of a major business digital transformation, Convergint sought a solution that would address specific business requirements to digitally transform its procurement processes to manage both indirect and direct spend, with a focus on direct spend. With its comprehensive Direct Materials sourcing capabilities, Ivalua’s Source-to-Pay (S2P) platform emerged as the ideal choice. Furthermore, Ivalua’s flexibility, user-friendly interface, and ability to integrate with several other critical business systems that are being implemented simultaneously played a key role during the evaluation phase.
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Ivalua’s S2P platform will serve as the central procurement hub, enabling Convergint to automate purchase order creation, improve collaboration with customer-facing sales teams, and streamline order placements with suppliers. By adopting Ivalua’s solution, Convergint aims to achieve greater visibility into its procurement activities, improve order fulfilment, and accelerate service delivery by eliminating manual steps.
In particular, the integration of Ivalua’s S2P platform with its Customer Pricing Quote tool enables Convergint to seamlessly update supplier products and pricing from Ivalua catalogs directly into the pricing tool, fast-tracking the procurement process.
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“We selected Ivalua for its ability to adapt and meet our business needs with a focus on delivering a near-touchless procurement experience,” said Doug Kortfelt, Chief Procurement Officer (CPO) of Convergint. “We are confident that Ivalua will enable us to expedite the delivery of materials and services, allowing us to fulfil our commitments as effectively as possible and support our mission of being our customers’ best service provider.”
“Ivalua’s ability to knit together pricing, supply chain, and purchasing capabilities across a complex tech stack that included ERP, CRM, CPQ, Inventory, Workforce Management, and other applications made it a great fit for Convergint’s ambitious digital modernization requirements and complex construction, maintenance, and order fulfilment requirements,” said Brent Griffith, Consulting Managing Director at Deloitte
“We are delighted to partner with Convergint and Deloitte for its digital procurement transformation,” said Amol Joshi, SVP, Head of Global Sales at Ivalua. “Ivalua’s automation capabilities will empower Convergint to streamline its procurement processes and enhance visibility into supplier and financial performance, supporting the company for long-term growth.”
The implementation of Ivalua’s platform is set to start immediately, with a phased rollout planned over the coming months. Ivalua, Deloitte, and Convergint are committed to a collaborative approach, ensuring that the solution meets Convergint’s specific needs and delivers tangible benefits.
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Source: prnewswire
