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JAGGAER Completes Ivoflow Acquisition for AI Spend Intelligence

⏱️ 3 min read

Jaggaer announced that it has completed its acquisition of Ivoflow, a spend & price intelligence platform for direct materials, based in Koblenz, Germany. The transaction closed on September 11, 2026, as per Jaggaer.

Jaggaer said that the addition of Ivoflow enables it to provide true spend decision intelligence and combined capabilities help procurement teams with decisions such as:

  • Where are we paying more than underlying market conditions justify?
  • Which parts, categories or suppliers represent the largest addressable savings opportunity?
  • What external cost movements should change our negotiating position?
  • Where are price differences emerging across plants, geographies or suppliers?
  • Which opportunities should our procurement teams act on first?
  • What evidence and commercial rationale should buyers use in the next supplier negotiation?

How Jaggaer and Ivoflow Work Together

Jaggaer helps organizations run the buying process end to end, selecting suppliers, negotiating, sourcing, and paying invoices. Ivoflow helps them know whether the price on the table is a fair one.

Capabilities include:

  • The pricing check happens where the buying already happens. Instead of jumping into a separate tool, with the help of AI, a buyer can see whether a price is fair, directly inside the system they already use to manage the purchase.
  • Better data in, better answers out. Ivoflow’s intelligence is only as strong as the data behind it. Combining it with the purchasing and supplier data Jaggaer already holds across its customer base gives it a larger, more current set of real-world prices to check against.

“Ivoflow will enable buyers to manage more of their direct materials within a single platform, bringing powerful market and cost intelligence into supplier negotiations. This means more transparent, fact-based conversations with suppliers, stronger partnerships, and better commercial outcomes. We see real opportunity to invest in the team, expand the platform, and accelerate what we can deliver together,” said Andrew Roszko, Chief Executive Officer of Jaggaer.

“We built Ivoflow to help manufacturing companies become leaders in cost excellence and drive profitability. Joining Jaggaer gives us the reach and platform to bring that capability to many more customers and accelerate what we set out to build. We are very much looking forward to what lies ahead and to becoming part of the Jaggaer team,” said Nicolas Neubauer, Co-Founder of Ivoflow.

“Jaggaer gives us the opportunity to help shape the future of how manufacturing enterprises manage their spend and identify savings. By combining Ivoflow’s capabilities with Jaggaer’s team, reach and platform, we can accelerate our roadmap, expand our AI capabilities, and build toward becoming the leading provider of spend and price intelligence for manufacturers globally,” said Daniel Demuth, Co-Founder of Ivoflow.


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