Renovit digitized Supply Chain Management with Ivalua

Ivalua's Source-to-Pay platform enables Renovit to improve and simplify supplier management operations and communication throughout its supply chain

Ivalua, a global leader in spend management, has collaborated with PwC Italy to announce that Renovit has successfully implemented Ivalua's source-to-pay platform. Renovit Società Benefit, an Italian platform initiated by SNAM and CDP Equity to promote energy efficiency across various sectors, has embraced sustainable development and Italy's energy transition goals. Renovit has held the distinction of being a Certified B Corporation since 2022. The adoption of Ivalua empowers Renovit to efficiently digitize its source-to-pay operations. With Ivalua's assistance, Renovit streamlines supplier onboarding procedures, enhances supplier qualification processes, gains better oversight of purchase orders, receipts, and invoices, and elevates its reporting and analytics capabilities. Moreover, by leveraging Ivalua's Risk Center functionalities, Renovit augments its capacity to monitor and mitigate risks along its supply chain.

Gianfranco Netti, Director at PwC Italy, Practice Digital Procurement, expressed that the company firmly believes that digitizing procurement processes is pivotal in addressing the primary challenges confronting supply chain management. Collaborating with Renovit on this digital transformation initiative for the introduction of the Ivalua platform was truly rewarding. Andrea Cozzi, Country Sales Manager at Ivalua Italy, expressed excitement about the partnership with Renovit to optimize its supply chain processes, enhancing operational efficiency and visibility. Cozzi added that the organization is delighted to welcome Renovit to the Italian customer base, a dynamic and continually expanding community.