Ivalua, a global leader in spend management, today announced that Contentsquare, the global leader in digital experience analytics, has selected Ivalua and its implementation partner Cyrias to digitise its P2P operations.
Contentsquare’s AI-powered platform provides insight into customer behaviors, feelings, and intent to help brands transform the way they do business, allowing them to build customer trust through customer experiences that are rooted in security, privacy, and accessibility. More than 1,000 leading brands use Contentsquare to power the customer experience on over 1 million websites worldwide. Contentsquare was founded in Paris and has 18 offices around the world, with more than 1,800 employees.
In a context of fast-paced growth, Contentsquare was looking for a flexible and scalable P2P solution allowing the company to better monitor its spend, manage the growing volume of transactions with vendors, and streamline the onboarding and deployment of new suppliers.
Contentsquare selected Ivalua’s supplier risk and performance management (SRPM) and P2P solutions to streamline its P2P processes and improve operational efficiency by digitising purchasing and invoicing operations.
Enabled by Ivalua, their strategic procurement approach will allow Contentsquare to digitise its current procurement operations, and future-proof the solution for the company’s evolving requirements.
“Consolidating and digitalising our processes with Ivalua’s unified, yet highly-flexible platform will provide us greater visibility into our procurement activities enabling us to better manage our spend and forecast more accurately,” said Nicolas Fritz, Chief Operating and People Officer at Contentsquare. “With its automation capabilities and insights into our spend, we will be able to make better informed strategic decisions, so that we can continue to focus on innovating as a business and serving our customers”.
“The entire Cyrias team is proud and thrilled to bring its expertise to support Contentsquare’s procurement and Account Payable transformational journey with the key objectives of fastening accounting closing, ensuring proper segregation of duty, and reinforcing control automation and productivity”, said Xavier Thevenet, Partner and co-founder at Cyrias.
“Thanks to Ivalua’s unmatched agility, our solution is well positioned not only to enable Contentsquare’s procurement digitalisation but also to support its ambitious development plans”, said Dan Amzallag, Ivalua’s Chief Operating Officer (COO). “We are delighted to begin this partnership with Contentsquare whose innovation-driven culture aligns with Ivalua”.