Montréal, March 3 , 2015 – Ivalua, a leading international spend management and procurement solutions provider, today announced that it has set up its Canadian headquarters in Greater Montréal to meet growing demand from Canadian businesses. The company’s software suite covers the whole Spend Management spectrum, from supplier relationship management to spend analysis to e-Sourcing, e-Procurement and invoice management. The new Montréal subsidiary has already taken on a number of large-scale projects across Canada.
“Montréal, the most European of North America’s big cities, was a natural choice when we decided to expand here,” said Daniel Amzallag, Head of Ivalua North America. “Opening an office in Montréal shows that we are thinking long term. Canadian and Québec businesses are at a maturity point where the next step is to support their processes and operations with robust software solutions. This presents Ivalua with a unique opportunity to capitalize on its expertise in the field and become the leading Spend Management Software provider in Canada,” he added.
Montréal International (MI) assisted Ivalua throughout the entire process of setting up its new North American subsidiary. “Ivalua’s arrival in Greater Montréal is excellent news for the region’s businesses that are looking to streamline their procurement processes, better manage spending and become more competitive,” said Dominique Anglade, President and CEO of MI. “It also goes to show just how attractive our region is to businesses that want to be in the North American market for the long run,” she explained.
Based in Europe and the US, Ivalua has successfully implemented over 200 projects for large multinationals across all industries and was able to achieve strong growth while remaining profitable. The company’s proven solutions are used by tens of thousands of users worldwide. Working with its ecosystem of partners, Ivalua also provides clients with a range of services and content that complement its solutions.
Created in 1996, Montréal International is the result of a private-public partnership. Its mission is to act as an economic driver for Greater Montréal to attract foreign wealth while accelerating the success of its partners and clients. Its mandates include attracting foreign direct investments, international organizations and international strategic workers as well as promoting the competitive and international environment of Greater Montréal. Montréal International, a non-profit organization, is funded by the private sector, the governments of Canada and Québec, the Communauté métropolitaine de Montréal (Montréal Metropolitan Community) and the City of Montréal.