technology artificial intelligence
Published on : Jan 21, 2025
Ivalua, a global leader in spend management, has announced a significant leadership transition. Founder David Khuat-Duy will step into the newly created role of Chief AI Officer, while Franck Lheureux, who has been with Ivalua for seven years, will take over as CEO. This move aims to enhance the integration of Generative AI into Ivalua's solutions while sustaining rapid growth and customer satisfaction.
Generative AI is rapidly transforming industries, creating opportunities for businesses to optimize operations. Ivalua’s focus on embedding AI into its Source-to-Pay platform positions it as a leader in:
"AI capabilities are evolving at a breakneck pace and set to transform how businesses operate. Ivalua’s strong foundation allows us to unlock the promise of AI and maximize its impact for our customers and employees."
"It is an honor to lead Ivalua, a company with such a rich culture and innovative technology. I am committed to fostering our culture while accelerating growth to achieve even greater heights."
With this leadership transition, Ivalua reaffirms its commitment to innovation and excellence in spend management. By leveraging Generative AI, the company aims to set new benchmarks in efficiency, decision-making, and customer satisfaction.