FCL Goes Live With S2C Solution

Ivalua, a provider of global Spend Management Cloud solutions, says Federated Co-operatives Limited (FCL) has gone live with its source-to-contract (S2C) solution which includes a seamless integration to TealBook, a supplier data foundation. The project has been delivered in partnership with Optis Consulting, a Source-to-Pay consultancy. Together with Optis, Ivalua's solution has digitally enabled FCL's policies and processes for core procurement activities, including sourcing and contract management. As a centre-led procurement function, FCL used Ivalua's solution to enable non-procurement professionals within various different business sectors to conduct sourcing activities in accordance with FCL's procurement governance. It also increased the efficiency and speed to market for all sourcing users, while providing visibility and ability for procurement professionals in the centre-led procurement team to provide strategic support.