Ivalua will empower HARMAN with greater visibility into its supply chain, enabling stronger supplier collaboration.
REDWOOD CITY, Calif., March 10, 2025 /PRNewswire/ — Ivalua, a global leader in spend management, today announced that HARMAN, a leader in the connected technologies industry focused on the automotive, consumer and enterprise markets, has selected Ivalua to digitize its Source-to-Contract (S2C) operations for direct materials spend.
HARMAN designs and engineers connected products and solutions for automakers, consumers, and enterprises worldwide, including connected car systems, audio and visual products, enterprise automation solutions, and services. With leading brands including AKG®, Harman Kardon®, Infinity®, JBL®, Lexicon®, Mark Levinson® and Revel®, HARMAN’s software services power billions of mobile devices and systems. HARMAN partners with leading automakers worldwide, and more than 50 million automobiles on the road today are equipped with HARMAN audio and connected car systems.
In the initial implementation phase, HARMAN will centralize direct spend processes across its Automotive operations, leveraging Ivalua’s intuitive and fully integrated sourcing platform to streamline and automate operations. This will foster collaboration, enhance productivity, and increase efficiency, ensuring uninterrupted workflows, real-time insights, and advanced analytics to drive strategic decision-making.
“Our collaboration with Ivalua represents a major step forward in our digitalization journey,” said Frank Lutz, Director of Procurement Digitalization at HARMAN. “By leveraging Ivalua’s unified platform, we anticipate significant improvements in efficiency and productivity, enabling us to better collaborate with suppliers and drive greater value across our procurement operations.”
At a later stage, the two companies intend to expand their collaboration to utilize the advantages of Ivalua’s portfolio of spend and supplier management software solutions across HARMAN’s other core business areas, including its successful Lifestyle division.
“We are thrilled to empower HARMAN with our innovative, market-leading solution to meet its current goals and support future ambitions. We look forward to supporting HARMAN’s transformation journey and driving long-term success together,” said Dan Amzallag, Chief Operating Officer (COO) at Ivalua.
About HARMAN
HARMAN (harman.com) designs and engineers connected products and solutions for automakers, consumers, and enterprises worldwide, including connected car systems, audio and visual products, enterprise automation solutions; and services supporting the Internet of Things. With leading brands including AKG®, Harman Kardon®, Infinity®, JBL®, Lexicon®, Mark Levinson® and Revel®, HARMAN is admired by audiophiles, musicians and the entertainment venues where they perform around the world. More than 50 million automobiles on the road today are equipped with HARMAN audio and connected car systems. Our software services power billions of mobile devices and systems that are connected, integrated and secure across all platforms, from work and home to car and mobile. HARMAN has a workforce of approximately 30,000 people across the Americas, Europe, and Asia. In 2017, HARMAN became a wholly owned subsidiary of Samsung Electronics Co., Ltd.
About Ivalua
Ivalua is a leading provider of cloud-based, Spend Management software powered by AI agents. Our unified Source-to-Pay platform enables businesses to better manage all categories of spend and all suppliers, increasing profitability, improving sustainability, lowering risk and boosting employee productivity. We are trusted by hundreds of the world’s most admired brands and recognized as a leader by Gartner and other analysts. Learn more at www.ivalua.com. Follow us on LinkedIn.
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SOURCE Ivalua