Tag: Ivalua

Nearly Three Quarters of UK Businesses Have Passed on Increased Costs to Customers

Stuart Mitchell

A new report from Ivalua, a global leader in spend management, has found that 71% of UK businesses say they have passed increased costs onto customers. Ahead of next week’s budget, there are concerns that tax rises will result in increased costs for UK PLC, which again will be passed onto households. Amidst this budget uncertainty, UK businesses have been scrambling to drive down prices, with 73% saying lowering costs has become more of a priority in the last 12 months. Yet 68% believe this blinkered focus on cost reduction…

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EcoVadis and Ivalua Build on Strategic Partnership to Accelerate Risk Identification in Supply Chains

Stuart Mitchell

EcoVadis, the global standard for resilient, sustainable supply chains, and Ivalua, a global leader in spend and supplier management, extend their partnership with the availability of a new integration that brings EcoVadis IQ Plus directly into Ivalua’s Risk Center, expanding on the existing integration of EcoVadis Ratings into the Ivalua platform and deepening the collaboration between the two companies. Today’s global supply chains place procurement teams under heightened pressure. They must navigate rising risk management costs, greater market volatility, geopolitical tensions, climate change and resource scarcity, all while facing increasing…

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