Ivalua Achieves IRAP Assessment, Enhancing Security Credentials

Ivalua, a prominent player in spend management solutions, has successfully completed an Australian Government IRAP Assessment, confirming its capabilities to manage data classified up to OFFICIAL: Sensitive. This evaluation enhances Ivalua’s global security credentials, positioning the company as a trusted partner for organizations that prioritize data protection.

The IRAP framework, established by the Australian Signals Directorate (ASD), is designed to assess organizations’ security practices, particularly in relation to sensitive information. By undergoing this rigorous independent assessment, Ivalua has demonstrated its commitment to maintaining high security standards essential for cloud providers. This achievement is particularly significant for Commonwealth agencies, which can now have greater confidence in selecting cloud/SaaS providers.

Amit Maloo, Chief Information Security Officer at Ivalua, emphasized the importance of this milestone. “Achieving the IRAP OFFICIAL: Sensitive level reflects Ivalua’s long-standing focus on transparency and maintaining robust security across our platform,” he stated. Maloo added that this development, in conjunction with Ivalua’s extensive security certifications, reinforces the company’s position as the solution of choice for organizations looking to modernize procurement operations while ensuring compliance with stringent data protection standards.

Ivalua’s successful IRAP Assessment offers critical advantages, particularly for its public sector clients. This evaluation allows these customers to seek an Authority to Operate (ATO) from an authorizing officer under the Australian Government, streamlining their procurement processes.

Strengthening Security Credentials

In addition to the IRAP certification, Ivalua boasts a range of internationally recognized security credentials. The company is certified under ISO 27001 for information security, has attained TISAX Level 2 (AL2) for the automotive sector, and possesses SOC 1 and SOC 2 attestation reports. Furthermore, Ivalua operates within a FedRAMP-compliant environment tailored for the US public sector.

These certifications underscore Ivalua’s commitment to security, making it an attractive partner for numerous leading organizations across various high-security sectors. Notable clients include BAE Systems in both the US and Australia, as well as other industry leaders such as CACI, Teledyne Technologies, SAAB, MBDA, and Thales.

About Ivalua

Ivalua is recognized as a leading provider of cloud-based spend management software, utilizing AI agents to enhance efficiency. Its unified Source-to-Pay platform enables businesses to manage all categories of spend and suppliers effectively, contributing to increased profitability, improved sustainability, and reduced risks.

Trusted by hundreds of esteemed brands, Ivalua has received accolades from analysts, including recognition as a leader by Gartner. For more information about Ivalua and its offerings, visit www.ivalua.com and follow the company on LinkedIn.