Ivalua Partners with OMNIA Partners, a leading Group Purchasing Organization (GPO), to Boost the Purchasing Power of Organizations

Enabling instant leverage across numerous categories and the ability to capture more savings, faster

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Nov 10, 2021, 11:11 ET

REDWOOD CITY, Calif., Nov. 10, 2021 /PRNewswire/ -- Ivalua, a global leader in Cloud Spend Management solutions today announced an alliance with OMNIA Partners, a leading group purchasing organization to bring more purchasing power to customers of Ivalua, by enabling access to pre-negotiated contracts directly through Ivalua's platform to achieve greater and faster savings on indirect and direct categories.

The last 24 months have greatly hindered the ability of many organizations to sustain or grow revenue, increasing pressure on Procurement to create and capture more savings to protect the bottom line and to do so rapidly. As organizations look to restore growth, Procurement leaders must rebalance their focus from tactical activities to support more strategic objectives such as accelerating innovation, improving sustainability, strengthening the supply base and lowering risk.

OMNIA Partners combines the purchasing power of its members to enable better pricing and service levels from suppliers, increasing an organization's buying power and accelerating the time to savings. OMNIA Partners brings tremendous category expertise across hundreds of indirect and direct categories.

Together, Ivalua and OMNIA Partners provide faster access to pre-negotiated pricing, saving sourcing groups significant time, and accelerate buying against those contracts, thereby capturing savings more efficiently.

"Our focus remains on ensuring our customers maximize the value of their spend and maintain organizational resilience by enabling them to accelerate their strategic procurement agenda," said Dan Amzallag, COO of Ivalua. "We're delighted to partner with OMNIA Partners to deliver faster and greater savings for our customers during this critical time and support their growth strategies."

Chris Robb, SVP of Business Development for OMNIA Partners says, "OMNIA Partners purchasing power and market-leading suppliers provide an extensive portfolio of sourcing solutions. We are pleased to welcome the customers of Ivalua to our 410,000+ members and participants."

About Ivalua

Ivalua is a leading provider of cloud-based Spend Management solutions. Our complete, unified platform empowers businesses to effectively manage all categories of spend and all suppliers, increasing profitability, lowering risk and improving employee productivity. Trusted by hundreds of the world's most admired brands and recognized as a leader by Gartner and other analysts, Ivalua maintains the industry's leading 98%+ customer retention rate. Learn more at www.ivalua.com. Follow us at @Ivalua.

About OMNIA Partners

Shaping the future of procurement through power, access and trust. OMNIA Partners is the largest and most experienced purchasing organization for public and private sector procurement. Its immense purchasing power and industry-leading suppliers have produced an extensive portfolio of procurement solutions and partnerships, making OMNIA Partners the most valued and trusted resource for organizations nationwide. www.omniapartners.com

Media Contact
Michael Gallo
Lumina Communications for Ivalua
973-715-8833
[email protected]

SOURCE Ivalua