Giesecke+Devrient selects Ivalua & OptiBuy to power source-to-contract transformation

20 May 2020

Procurement digitization initiative will deliver greater efficiency, transparency, and control

 

Redwood City, CA, München, Berlin, May 20, 2020 – – Ivalua, a leading global spend management cloud provider, and OptiBuy, a trusted Ivalua implementation partner, today announced that Giesecke +Devrient has selected Ivalua’s platform to expand the digital way of working of its source-to-contract process, with OptiBuy as the implementation partner. As G+D prepares to extend this digital way of working across the organization, the implementation of Ivalua will act as a lighthouse project to drive the overall modernization of processes at a corporate level.

 

Giesecke+Devrient (G+D) is an international Group providing security technology and headquartered in Munich, Germany. Innovations by G+D make the lives of billions of people in the digital and physical world more secure. With its products and solutions, G+D is one of the market and technology leaders in payments, connectivity, identities, and digital infrastructures.

 

Established in 1852, the company achieved sales of €2.45 billion in the fiscal year 2019 and employs 11,500 people. G+D has a presence in 33 countries. Its customer base includes central and commercial banks, mobile network providers, automotive manufacturers, health insurance companies, and governments, and public authorities.

 

G+D will implement Ivalua to replace up to now not digitalized manual procurement processes across three business sectors, improving efficiency, transparency, and auditability. Ralf Gerlach, Global Vice President, Head of Purchasing, at G+D Currency Technology and Giesecke+Devrient GmbH explains:

 
 
At G+D, we continually innovate to improve our own operations and deliver greater value to our customers. This initiative continues that approach, enabling us to manage the various needs of each of our business units. Ivalua’s unified platform enables us to seamlessly integrate each of these processes into one workflow model with a seamless UI.  Digitizing processes with Ivalua will improve transparency and auditability across the G+D purchase organization, which is highly valuable when managing and auditing business partners in our industry.
 
 
 
Implementing the Ivalua suite will empower us to spearhead our digital way of working. This application will help us harmonizing the requirements for all of our Sourcing Activities globally, drive compliance throughout our Supplier Management System, and optimize savings from RFx and Auctions - adds Kai Dittberner, Group Vice President Purchasing at G+D Mobile Security.
 
 
 
Being an implementation partner for Ivalua's numerous projects covering various industries gave OptiBuy the opportunity to face the diversity of approaches to business, procurement, and project cooperation over the years. Each customer gives us value generated through the development of our experts' problem-solving skills and in-depth knowledge of Ivalua's solution. A value that we pass on in subsequent projects. I am convinced that G+D will not only improve their transparency and efficiency in procurement but strengthen the collaboration between the single business units, which will leverage their procurement activities - explains Tomasz Gonsior, Partner at OptiBuy. 
 
 
 
We are thrilled to welcome Giesecke+Devrient as the latest innovative business leveraging Ivalua to digitize processes and deliver rapid value. Our long-standing partnership with OptiBuy allows us to successfully deploy digital transformation projects that deliver measurable value to our customers quickly, and our platform ensures security and auditability to support customers like G+D. We look forward to supporting Giesecke+Devrient throughout their digital transformation journey - explains Jan-Hendrick Sohn, Regional Manager DACH & CEE at Ivalua.
 

 

 

About Giesecke+Devrient

Giesecke+Devrient is a global company that offers security technologies, both in the physical and digital world. Every day, billions of people benefit from G+D innovations in their personal and business lives. With around 11,600 employees across 32 countries, we develop, manufacture, and distribute products and solutions for the safeguarding of payment processes, identities, connectivity, and data. It all began in 1852 when the printing of securities started in Leipzig. Today, our portfolio is as diverse as modern, mobile life. Anyone who pays by cash, card, or smartphone is highly likely to be using our technologies. There is one common goal behind all of these facets: Creating Confidence. In order to make this even more successful in all areas, we have comprised four business sectors since 2017: G+D Currency Technology, G+D Mobile Security, Veridos (a joint venture with Bundesdruckerei), and secunet.

 

Visit G+D's website

 

 

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