Press Release | Find My Factory is now Speya™

Press Release | Find My Factory is now Speya™

Ivalua

Speya vs Ivalua

Ivalua is a source-to-pay platform for running sourcing, contracts, supplier risk and purchasing on one data model. Speya is a supplier intelligence platform whose AI agents discover and vet suppliers for a specific need. This page compares the two on discovery, vetting, coverage, speed, autonomy and fit, using Ivalua’s own published pages for every statement about Ivalua.

By the Speya team

·

Updated

Side by side

How Speya compares, in our assessment.

Capability

Speya

Ivalua

Supplier discovery

Describe it in plain language

Search across your own supplier master

Vetting

Every supplier AI-vetted

Supplier risk and performance modules

Coverage

Millions of suppliers, global

Suppliers held in your Ivalua model

Speed to shortlist

Minutes

Sourcing-cycle timelines

Autonomy

Runs the whole case with Speya Auto

IVA assistant inside the platform

Built for

Enterprise procurement

Large enterprises on source-to-pay

Background

The platform, in brief.

Ivalua’s platform page describes upstream modules for intake orchestration and management, sourcing, supplier risk and performance management, contract lifecycle management and spend analysis, and downstream modules for eProcurement, AP automation, payments, expense management and external workforce management, all on one data model. Sourcing is branded eSourcing and includes Ivalua eAuctions.

Ivalua’s technology page describes a unified data model plus an Integration Hub with connectors, APIs, ETL and EAI. Ivalua’s press release of 11 June 2026 introduced IVA Studio, described as an AI control tower with Model Context Protocol support, in beta at launch.

On leadership, Ivalua’s announcement of 20 January 2025 states that founder David Khuat-Duy moved to Executive Chairman and the new role of Chief AI Officer, and that Franck Lheureux became CEO. Ivalua is founder-chaired rather than founder-run.

The gap

Where it stops, in Speya’s assessment.

We found no supplier discovery product marketed on Ivalua’s supplier management pages as of 3 September 2026: no network size, no discovery feature and no named discovery data source on that page. Ivalua does name third-party data partners on its Open Ecosystem page, among them Dun & Bradstreet, Bureau van Dijk, Altares, Ellisphere, EcoVadis and TealBook.

Ivalua and TealBook announced a partnership in December 2020 to give customers a way to find new suppliers through TealBook’s data enrichment. Supplier.io announced the acquisition of TealBook on 2 April 2026, so that named discovery partner now sits inside another vendor’s product line.

On the criteria in the table above, Speya’s assessment is that Ivalua is built to run the process once suppliers are identified, and that the discovery step is served by partner data rather than by a product Ivalua markets itself. That is Speya’s reading of Ivalua’s published pages, not a statement by Ivalua, and Ivalua may answer it by pointing at a partner or an IVA capability.

One point in Ivalua’s favour on supplier economics: Ivalua’s suppliers page states “No fees. No minimum volume. No worries,” which is Ivalua’s own claim about its portal. Speya likewise does not sell listings or rankings to suppliers, and is not owned by, or bundled into, any procurement suite or ERP vendor.

Keeping Ivalua? Speya is built to work alongside it. See Speya for Ivalua for what the platform does natively, where Speya assesses it stops, and how the two connect through Speya’s open API, on request and where it makes technical and commercial sense.

Sources

Disclosure

Speya publishes this comparison and is one of the two products compared. Speya is not affiliated with, endorsed by or in partnership with the company compared on this page or any other vendor named here. Product names are trademarks of their respective owners and are used only to identify the products discussed. Statements about third-party products reflect the public sources listed above as of the date shown. Speya does not guarantee they are complete or current and corrects reported errors through the contact page. The comparison table and the assessment above are Speya’s editorial view against the criteria shown, not measurements and not statements by the vendor. Speya connects to third-party systems through its open API: enterprise teams can build a custom integration, or ask Speya to scope one, on request and where it makes technical and commercial sense. Speya does not offer a certified or vendor-listed connector and does not warrant compatibility with, or the availability of, any third-party product.

Authority

Why you can trust this comparison.

This comparison comes from the team that builds Speya, used for supplier discovery by IKEA, Roche, Clas Ohlson, Rusta, Ahlsell and STARK Group, plus PwC and Deloitte. We state where we fit and where we do not.

Enterprise procurement

IKEA, Roche, Clas Ohlson, Rusta, Ahlsell and STARK Group source with Speya.

Global consultancies

PwC and Deloitte run client sourcing on the platform.

Independently audited

ISO 27001 and SOC 2 Type II, third-party audited.

EU by default

Hosted in the EU. Supplier data never leaves EU borders.

S

Speya

The Speya team, building AI supplier discovery for enterprise procurement. We cover sourcing, supplier data, risk and compliance.

Last updated

The difference

Why teams choose Speya.

Speya is built for how procurement works now. You describe the need, Speya discovers and AI-vets suppliers across millions worldwide, ranks them into tiers, and can run the whole case on its own. You get a defensible shortlist in minutes, with the evidence beside every name.

Book a demo