IVA Studio is the AI control tower managing IVA’s skills, permissions, tools, and MCP integrations.
Ivalua launched IVA Studio, which enables procurement to perform any activity across the source-to-pay (S2P) process through a single agent, IVA, that knows your data, follows your rules, and gets work done on Day 1.
IVA Studio is the AI control tower managing IVA’s skills, permissions, tools, and MCP integrations.
“At Ivalua, we believe the future of procurement is not AI; it’s people using AI to deliver better and faster results. IVA, powered by IVA Studio, is a decisive step forward into a new era for procurement, one full of disruptive challenges and exciting opportunities. With IVA, procurement teams can focus on what they do best: building strategies and relationships, internally and externally. We are thrilled to lead this journey with our customers and partners,” says Franck Lheureux, CEO of Ivalua.
· A category manager preparing to re-source an expiring contract, for instance, can ask IVA to pull the contract, benchmark against agreements, identify stronger suppliers, set up an RFx, and launch the event, all in a single conversation. An accounts payable team can have IVA validate incoming invoices against not just price and PO, but also against the harder-to-enforce contract terms buried in documents.
· IVA also works autonomously in workflows and in the background. A supplier risk event can trigger IVA to surface every affected contract, open a PO, create a mitigation plan, and propose qualified alternative suppliers.
· Governance is enforced at the platform level, not by the agent. IVA inherits the permissions of the user who invokes it and cannot exceed them. When IVA is operating autonomously in a workflow, it still has an accountable user whose boundary it follows and who it falls back on for human-in-the-loop controls. Every action is logged with a continuous audit trail. AI works only where it is allowed to work, and procurement leaders can prove it.
· Teams can teach IVA their best practices: sourcing approaches, negotiation strategies, compliance rules as skills that IVA follows. Skills turn individual expertise into team capabilities, building institutional knowledge that compounds with every interaction. A new hire working with IVA operates with the benefit of the whole organization’s experience. IVA also maintains memory of interactions, self-improving automatically.
“Procurement teams have typically had to spend time building and configuring AI agents before seeing any results. Ivalua’s approach is entirely different: IVA accesses the Ivalua platform as its toolset and source of knowledge, so procurement can start getting value from day one, within a framework of governance that’s enforced by design,” says David Khuat-Duy, founder and chief AI officer at Ivalua.
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