Case Study: Giesecke+Devrient achieves centralized, compliant global procurement and a "one source of truth" with Ivalua

Global Procurement Process, Compliance, and Technology Harmonization

Giesecke+Devrient (G+D) is a Munich-based security technology company founded in 1852 that operates across payments, connectivity, identities and digital infrastructure. With operations in 33 countries and nearly 12,000 employees, G+D’s procurement organization faced fragmented supplier document stores, inconsistent processes across three business entities, strict compliance requirements, and a need to enroll global sourcing activities and improve cross-department collaboration.

Working with OptiBuy and Ivalua, G+D implemented a single, centralized Source-to-Contract platform covering supplier management, sourcing, contracts and auctions with seamless global integrations. The solution delivered “one source of truth,” unified workflows, standardized onboarding and an integrated supplier-evaluation module, improving transparency, stakeholder collaboration and flexibility while future-proofing procurement processes.

Giesecke+Devrient

Valentin Bastian

Manager Processes