The procurement exchange your team never has to run.
IPEX is the platform Versatex operates on your behalf — one exchange, one supplier network, one set of analytics. Guided buying, self-routing approvals, invoicing, and three-way match across all of your indirect spend.
Manual, fragmented buying is expensive in every direction.
When indirect purchasing is scattered across emails, spreadsheets, and one-off vendors, cost and risk pile up where no one is watching.
Fragmented buying
Dozens of channels, hundreds of suppliers, no single way to request a purchase. Off-contract spend becomes the default.
Manual invoicing
Invoices arrive every format imaginable and get matched by hand — slow, error-prone, and impossible to audit at scale.
No visibility
By the time spend shows up in a report, the money is gone. Leakage and maverick buying hide in the tail.
Four moves, fully managed.
Your buyers experience a simple, guided flow. Behind it, our team runs the exchange end to end.
Guided buying
Buyers request the right item the right way, from curated catalogs that already reflect your contracts.
Approvals
Requests self-route by amount, category, and policy — no chasing, no bottlenecks.
Invoicing
Suppliers submit invoices into IPEX (PO-flip or manual); status is visible to everyone.
3-way match
PO, receipt, and invoice reconcile automatically; exceptions surface for our team to resolve.
Control, compliance, visibility — and your time back.
Control
Every purchase flows one controlled path. Off-contract buying stops being the default.
Compliance
Policy, approvals, and a complete audit trail are built into the flow, not bolted on after.
Visibility
Live spend, savings, and cycle-time data across every category and supplier.
Time back
Your analysts stop processing low-value POs and return to strategic work.
Works alongside the systems you already run.
IPEX doesn't replace your ERP — it sits in front of your indirect spend and feeds clean, matched data back. We integrate with your ERP (e.g. SAP Ariba), punch-out catalogs, and supplier networks, so buying gets easier without re-platforming anything.
- ERP integration — SAP Ariba, Oracle, and more
- Punch-out & hosted catalogs
- Supplier networks & the Versatex supplier base
- Read-only feeds to your live analytics
Our system talks to your system. Our team works with your team. Seamless integration that makes the management of required approvals less manual and more automatic.VXVersatexOn the IPEX operating model
Ready to see IPEX on your spend?
Get a demo to see the managed model on your categories — or sign in to launch IPEX operations in the connected app.