Folio vs Ivalua Contract Management
Folio
folio.coIvalua Contract Management
ivalua.comSide by side
| Figure | Folio | Ivalua Contract Management |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| API | — | Yes |
| Plans published | 1 | 1 |
| Spec score · Procure-to-Pay Software | 7.3 (#13) | 8.0 (#7) |
| Audience | Folio says its platform is built for hospitality and describes its customers as hotels, including large enterprises and luxury independent hotels. | The product page describes CLM for enterprise-wide visibility and cross-functional use by procurement and legal teams. |
| Headquarters | Durham, North Carolina, United States | Redwood City, California, United States |
| Integrations | Folio integrates with accounting systems to sync suppliers, invoices, and payments; its announced partnership with M3 includes an enhanced integration for hotel finance teams. | Ivalua says its platform integrates with major ERP systems and natively connects CLM with its sourcing and procure-to-pay solutions. |
| Support | Folio support is available through in-app messages, email, and text; its most responsive hours are Monday to Friday, 9 a.m. to 6 p.m. Eastern, and phone calls are not supported. | Ivalua offers 24×7 multilingual helpdesk support by phone, email, and online, alongside a customer ticketing portal. |
Plans
Ivalua Contract Management
- Ivalua Contract Lifecycle ManagementPriced on request
In their own words
Ivalua Contract Management
Ivalua Contract Management is a contract lifecycle management system for procurement and legal teams, covering work from drafting and negotiation through execution and renewal. AI authoring supports clause drafting and classification, risk assessment, approvals, e-signatures, and collaboration using approved templates and clause libraries. The repository offers full-text, metadata, and AI-enhanced search, summaries, and a Contract 360 view of terms, versions, obligations, stakeholders, risk, pricing, and performance. AI can convert PDF and Word contracts into structured searchable data, including through mass imports of legacy documents. Dashboards track contract health, compliance, risk, performance, cycle time, value, and consumption; alerts flag contract and supplier risks. Shared workspaces provide collaboration, comments, version tracking, and review and approval workflows. Integrations include Ivalua sourcing and procure-to-pay, major ERP systems, DocuSign, and Adobe Sign. Ivalua describes its platform as multi-instance SaaS and says customer data is hosted in a client-selected geography. Its listed platforms are Android, iOS, web, and API. Pricing is available on request.