Thousands of procurement innovators will gather at Ivalua NOW 2025 to explore innovative strategies for elevating procurement.REDWOOD CITY, Calif., Feb. 21, 2025 /PRNewswire/ -- Ivalua NOW , the highly anticipated premier event for procurement and supply chain leaders, returns next month. This year's event "Ivalua NOW - Innovate to Elevate" will take place at the Carrousel du Louvre in Paris, France, on March 11-12 and at the Caesars Superdome in New Orleans, Louisiana, on May 21-22, as well as virtually. Ivalua NOW is free to attend for procurement and finance practitioners.Ongoing market challenges and competing priorities continue to exert pressure on procurement teams. New technologies, particularly Generative AI, promise to enhance employees' productivity and decision-making. However, most organizations have experienced only marginal benefits, mainly from automating select tasks

For most executives, the CEO title represents the pinnacle of corporate leadership. But for one payments and spend management industry leader, the future of business demands a different title: Chief Artificial Intelligence (AI) Officer. David Khuat-Duy, founder at Ivalua, told PYMNTS’ Karen Webster that he’s making what might be his most transformative decision yet: stepping down as CEO to take on the newly minted role of Chief AI Officer. The rationale behind the change? AI is no longer a tool to be implemented. It’s a paradigm shift that will redefine every aspect of business operations

REDWOOD CITY, Calif., Jan. 20, 2025 /PRNewswire/ -- Ivalua , a global leader in spend management, today announced that its founder, David Khuat-Duy, is assuming a newly created role of Chief AI Officer, passing the CEO position to Franck Lheureux, who has served in executive roles at Ivalua for the past 7 years, most recently as CRO. The shift in executive positions is intended to further accelerate the business impact of Generative AI within Ivalua and for its customers while ensuring continued rapid growth and customer satisfaction. David will continue to serve as Executive Chairman of Ivalua's Board.The advances in Generative AI have created tremendous opportunities for organizations to improve efficiency, decision-making and reduce costs. Ivalua has invested heavily in delivering innovative agentic AI capabilities embedded in its Source-to-Pay platform. Its unique approach ensures maximum security, usability and flexibility in defining and refining use cases