Case Study: TÜV SÜD achieves greater procurement transparency and control with Ivalua

TÜV SÜD streamlines €900 million in global spend with Ivalua

TÜV SÜD, a global technical services organization, faced challenges in managing its complex and highly regulated indirect spend across thousands of service categories worldwide. To streamline its end-to-end procurement processes and ensure consistent supplier risk management, the company partnered with Ivalua for a comprehensive source-to-pay solution.

Ivalua implemented a single global procurement platform for TÜV SÜD, encompassing solutions for sourcing, contract management, invoicing, and spend analysis. This provided the transparency and control needed to manage roughly €900 million in annual spend. The results included streamlined processes, stronger executive alignment, and a flexible, auditable system that improved agility across TÜV SÜD's global operations.

TÜV SÜD