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Ivalua to Enable Milence to Digitalize Procurement and Accelerate Innovation | PR Newswire [Video]

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Strategic Partnerships and Alliances

, /PRNewswire/ — Ivalua, a global leader in spend management, and its partner Cyrias today announced that Milence, an innovator in the automotive and energy industries, has successfully gone live with Ivalua’s platform to digitalize its Source-to-Contract (S2C) processes.

Headquartered in Amsterdam, Milence was established in July 2022 as a joint venture between Daimler Truck, the TRATON GROUP, and the Volvo Group. Milence is committed to accelerating the transition to zero-emission heavy-duty vehicles by building and operating 1,700 high-performance public charging points in Europe by 2027.

In a context of rapid growth and increasing procurement complexity, the strength of  Ivalua’s Supplier Risk and Performance Management (SRPM), Sourcing, and Contract Lifecycle Management (CLM) solutions and its proven track record in delivering powerful, integrated procurement solutions played a critical role during the selection process, proving to be the solution Milence was looking for.

“We chose Ivalua due to its leadership in the automotive industry and the …

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