Sustainability & Diversity

Sustainability in Supplier Relationship Management | Sustainability series part. 6

What is Supplier Relationship Management? Supplier relationship management (SRM) is a business initi..

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User-centered design in 4 steps

At Sievo, we apply user-centered methods in all solution areas and invite all the users to participa...

Thought Leadership,

How to use spend analytics in supplier negotiations?

Supplier negotiation is a combination of interpersonal skills, tactics, market understanding, and da...

Procurement Performance & Development, Savings & Finance,

Corporate sustainability reporting directive | Sustainability series part. 5

Reporting on sustainability initiatives is no longer optional for even medium-sized companies. Some ...

Sustainability & Diversity,

Sustainable supplier selection & development | Sustainability series part. 4

Sustainability in supplier selection and development Suppliers play an essential role in your sustai...

Sustainability & Diversity,

How we reduce procurement complexity with usability familiarity

I joined the Sievo UX team as Service Designer about two years ago. I used to work in marketing, and...

Thought Leadership,

Our 3rd Home - the Process of Finding Our Dream Destination Bucharest

On a Friday afternoon in September 2021, I got a phone call I will never forget. It was my superviso...

News & Recognition, Sievo Culture,

Sustainable procurement roadmap | Sustainability series part. 3

Sustainable procurement is an integrated process that aims for lowest environmental impact possible ...

Sustainability & Diversity,

What is German Supply Chain Act? | Sustainability series part. 2

The German Supply Chain Act refers to the Act on Corporate Due Diligence Obligations in Supply Chain...

Sustainability & Diversity,

What is sustainable procurement? | Sustainability series part. 1

Sustainable procurement is a process that integrates environmental, governance and social factors of...

Sustainability & Diversity,

Marketing Spend Visibility | Marketing category series part 4

Spend visibility means systematic, detailed and organized spend trace. Spend visibility is not only ...

Category Management,

Press Release: Sievo CO2 analytics verified by an independent third party

At the end of October, Sievo launched a CO2 Analytics module to bring visibility into the emissions ...

News & Recognition,

Agency Relationship Management | Marketing category series part 3

Marketers are continually having to re-evaluate their external supplier relationships, even more fre...

Category Management,

Marketing Procurement Relationship | Marketing category series part 2

The Hackett Group’s ”2021 CPO Agenda: 10 Key Issues Procurement Needs to Act on Now” introduces key ...

Category Management,

A refreshed Sievo: a visual system that best represents our DNA

Sievo brand has been elevated. In this blog post, we'll tell you a bit about the process, the reason...

News & Recognition, Sievo Culture,

Marketing spend management | Marketing category series part 1

This is the first article in the Marketing Category Series, where we dive deep into spend-related to...

Category Management,

Building an effective procurement strategy

A comprehensive procurement strategy defines how an organization strategically manages its procureme...

Spend Analysis, Procurement Performance & Development,

Total cost of ownership (TCO) of spend analytics

When it comes to procurement analytics, the question of whether to build it yourself or buy it from ...

Spend Analysis,

Scope 3 emissions: what can procurement do?

Sustainability has become a pressing priority for all organizations. Recent research conducted by th...

Sustainability & Diversity,

Entrepreneur of the Year Award goes to... a Procurement Enthusiast!

Last week the Finnish Software and E-business Association (Ohjelmisto- ja e-business ry) recognized ...

News & Recognition,

Celebrating 18 years of Sievo!

It's exactly 18 years ago when Sammeli Sammalkorpi and Matti Sillanpää co-founded Sievo. It was 2003...

News & Recognition, Sievo Culture,

Working capital optimization through payment terms

Working capital Working capital is the money used in day-to-day trading operations in your business....

Savings & Finance,

Category management and supplier segmentation | The criticality matrix

How to get started with category strategy and planning Category strategy defines vision, mission and...

Category Management,

Procurement ROI and Operational Procurement Performance

Procurement performance measurement Procurement performance measurement (PPM) is the systematic proc...

Procurement Performance & Development,

Procurement Loves Data: the latest book from Sievo for data-driven leaders

Procurement Loves Data is the latest book from Sievo. It’s a manifesto on breaking down silos betwee...

News & Recognition,

Supplier diversity in procurement | Calculation examples

Supplier diversity definition: Supplier diversity is a proactive procurement strategy that encourage...

Sustainability & Diversity, Procurement Explained,

Decentralized procurement, centralized procurement, or center-led?

Centralized procurement definition:  Centralized procurement means that purchasing is managed on hea...

Procurement Explained,

Sievo launches solution to track carbon footprint across the supply chain

Sievo CO2 analytics enables organizations to gain visibility into their scope 3 emissions across the...

Sustainability & Diversity,

Organization chart is dead: how to organize your company for growth

1 Organizational charts are boring and dangerous We often have the pleasure to introduce Sievo to pe...

Sievo Culture,

Camp Sievo 2021!

What do you do after a year of remote work and not able to see your colleague? You go to Kouvola for...

Sievo Culture,

Commodity price fluctuations | mitigating price volatility

Commodity meaning in procurement  In procurement, a commodity means raw or semi-processed materials ...

Savings & Finance, Procurement Explained,

Agile sourcing in procurement

Agile sourcing means turning the traditional procurement frameworks upside down allowing for cross-f...

Procurement Performance & Development,

Maverick spend in procurement

Maverick spend definition:  Maverick spend is the action of purchasing from suppliers outside pre-es...

Spend Analysis, Procurement Explained,

Sievo & Schindler on elevating dirty data to concrete change

This blog summarizes Sievo & Schindler keynote session on elevating dirty data to concrete chang...

Data & Analytics,

How to design delightful services that users love?

Ville Tukiainen is the Head of Service Desing at Sievo with a passion for turning end user’s needs i...

News & Recognition, Sievo Culture,

Contract Handover | Complete Guide to RFP

This blog is a part of our “Complete guide to RFP” blog series, where we share our insights regardin...

RFP & POC,

Procurement analytics | Procurement Explained

Procurement analytics definition:  Procurement analytics is the process of using quantitative and an...

Spend Analysis, Procurement Explained,

RFP process | Complete Guide to RFP

This blog is a part of our “Complete guide to RFP” blog series, where we share our insights regardin...

RFP & POC,

Proof of Concept (POC) in Spend Analytics

This blog is a part of our “Complete guide to RFP” blog series, where we share our insights regardin...

RFP & POC,

What it's like to be a junior designer at Sievo

Photo from a Sievo juniors vs. seniors football match. Hi there, I'm Steven. I'm pursuing a master’s...

Sievo Culture,

A Complete Guide to RFP: Detailed Template

This blog is a part of our “Complete guide to RFP” blog series, where we share our insights regardin...

RFP & POC,

A Complete Guide to RFP: What Questions to Ask & How to Write a Cover Letter for Vendor

This blogpost is a part of our “Complete guide to RFP” blog series, where we share our insights rega...

RFP & POC,

Spend under management in procurement

Spend under management  Spend under management is the amount of spend managed by procurement out of ...

Spend Analysis, Procurement Explained,

Category management | Definitions and best practices

Category management definition: Category Management (CM) is a strategic approach to procurement wher...

Procurement Explained, Category Management,

Procurement: The Best is Yet to Come with Roy Anderson (SievoFriends 2021 Keynote)

How it’s always been If you could build your organization from the ground up, would it look like the...

Events & Conferences,

5 key steps to take on your sustainable procurement journey

Corporate social responsibility saw the largest increase of any CPO priority between 2019 and 2021 (...

Sustainability & Diversity,

Procurement KPIs: a complete list

Procurement KPIs definition:  Procurement KPIs (key performance indicators), also called metrics, ar...

Procurement Performance & Development, Procurement Explained,

How to level up the impact of procurement: Agility, connectivity, and partnership | SievoFriends 2021

SievoFriends is our annual event for our customers and partners. SievoFriends 2021 was our 12th cons...

Events & Conferences,

Procurement savings | Definitions and calculation examples

The main goal of procurement is to ensure products and services are bought at the right price. Cost ...

Spend Analysis, Savings & Finance, Procurement Explained,

Direct materials in procurement | direct vs. indirect

Procurement can be divided into indirect and direct material categories. Indirect and direct procure...

Procurement Explained,

Spend analysis solution for procurement: build vs. buy?

Every procurement organization needs to have visibility on their spend. There are many ways to do th...

Spend Analysis,

A Florida man in Helsinki: my first weeks at Sievo

My name is Erkki, and I’m originally from Florida. Currently, I’m working on my M.Sc. in Marketing f...

Sievo Culture,

Spend cube analysis | Procurement Explained

  A spend cube is spend data presented as a multidimensional cube. The three dimensions of a procure...

Procurement Explained,

Is 2021 the year of analytics in procurement? Highlights from Deloitte CPO Survey

Read highlights from Deloitte's latest annual Chief Procurement Officer survey. Get a pulse of the m...

Spend Analysis,

What is the best procurement software in 2021? New Procurement Leaders research trends best-of-breed

The procurement technology market is evolving rapidly, it is hard to keep up. According to Procureme...

Materials Forecasting Explained

Materials forecasting is the process of creating direct materials cost budgets and forecasts to help...

Savings & Finance, Procurement Explained,

Procurement technology trends 2021 – highlights from fresh Capgemini research

Every two years Capgemini surveys the procurement landscape to find out what’s new. As a result they...

Supplier Segmentation 101 – Stategic Suppliers and Future Success

Supplier segmentation is the process of allocating suppliers into distinct groups so that limited re...

Procurement Explained, Category Management,

Beyond the Hype – Fostering a Healthy Procurement Data Ecosystem

    Procurement is rapidly evolving into a strategic function entirely powered by data-derived insig...

Guest Blog, Thought Leadership, Data & Analytics,

Setting the Stage for Sustained Sustainability

    Procurement is rapidly evolving into a strategic function entirely powered by data-derived insig...

Guest Blog, Sustainability & Diversity,

Supplier Diversity: Urgency, Scalability, and Ownership

  Procurement is rapidly evolving into a strategic function entirely powered by data-derived insight...

Sustainability & Diversity,

Reimagining the P2P Advantage: UX, AI, and Machine Learning

  Procurement is rapidly evolving into a strategic function entirely powered by data-derived insight...

Guest Blog, Thought Leadership,

Holistic Supply Chain Risk Management: Response and Resilience

      Procurement is rapidly evolving into a strategic function entirely powered by data-derived ins...

Guest Blog,

Procurement Trends in 2021: Highlights From the Hackett Group Research

The Hackett Group recently published their 2021 Key Issues study featuring a number of valuable insi...

Thought Leadership,

Tail spend classification and analysis | Procurement Explained

Cost reduction is a clear priority for most procurement teams. Often the focus is often on the strat...

Procurement Explained,

How to perform a full-remote (and successful) strategy process

A week before our strategy offsite was set to happen, we had to admit the facts. Due to the surging ...

Sievo Culture,

Spend analysis: why it's important | Procurement Explained

Spend analysis is the practice of analyzing procurement spend to decrease costs, increase efficiency...

Spend Analysis, Procurement Explained,

Accelerate your Supplier Diversity Program using Reliable Data

Supplier diversity is an increasingly important area of corporate social responsibility. This is an ...

Sustainability & Diversity,

Is working with students worth the effort? 4 reasons we think it is

I’m often asked how we work with students at Sievo, and if it’s really worth the effort. My short an...

Sievo Culture,

Year in Spend 2020: Procurement Benchmarks Since Covid-19 Pandemic

In this article we'll look at some of the impacts Covid-19 has had on business spending based on ano...

Spend Analysis,

Processes are boring - but what's the alternative?

I previously wrote about how procurement needs less processes, as they're slow, boring and self-cent...

Thought Leadership,

Procurement Skills of the Future | Fresh research perspective from WEF

The World Economic Forum recently released their Future of Jobs Report. We looked at the report from...

Procurement Performance & Development, Thought Leadership,

Celebrating Finnish & our non-Finnish speaking community

Does  language matter? Why are we all about language?   Joint language is one of the most crucial pa...

Sievo Culture,

Reimagining procurement through resilience and innovation

What can we learn from the challenges of 2020 that can drive procurement teams to add value to their...

Spend data categorization: selecting a spend taxonomy

Spend categorization does not have to be painful. Granted, it can be time-consuming and demanding, b...

Data & Analytics,

International life at Sievo

We all live in our own social bubbles. The people in mine come from over 30 different countries, con...

Sievo Culture,

10 + 1 strategies for procurement to forge its path in a crisis

Companies respond differently to crises depending on their past experiences and level of readiness f...

Guest Blog,

8 Tips for Hosting Awesome Online Events

Just another day in March at the office. We were happy to have just finished the International Women...

Events & Conferences, Sievo Culture,

Press Release: Sievo Posts Record H1 2020 Revenue

Sievo, a leading procurement analytics SaaS company, announces new customers and record revenue in J...

News & Recognition,

Procurement Software in 2020: Best-of-Breed or All-in-One Solution? - Case Boliden

Any procurement organization undergoing procurement transformation needs to make important decisions...

Procurement Transformation: 5 Shifts in Mindset for Lasting Organizational Change

Transformation is one of the most overused words in business. When applied to discussions about proc...

Thought Leadership,

Procurement needs less processes – as they are slow, boring and self-centered

I’ve discussed with a number of CPOs during the last months on how they have managed procurement dur...

Thought Leadership,

Summer at Sievo - what is it made of?

As the fall starts to be lurking around the corner, it's time to take a look at past few months at S...

Summer Academy,

Key Terms and Abbreviations in Procurement

Terms used in procurement can be quite complex and there are many concepts to familiarize oneself wi...

Procurement Explained,

How to Write an RFP for Procurement Analytics Software

Are you looking for an analytics solution and struggling with evaluating and assessing potential ven...

RFP & POC,

Cost Reduction Strategies in Procurement

In this series freelance author and supply chain expert Elaine Porteous explores core topics in proc...

Guest Blog,

Welcome Summer Seals!

This year 13 summer seals joined Sievo for the summertime. Despite the unusual Covid-19 situation th...

Summer Academy,

Contract Negotiation In Procurement: 5 things to consider when negotiating with suppliers

In this series freelance author and supply chain expert Elaine Porteous explores core topics in proc...

Guest Blog,

Celebrating diversity on International Women’s Day

This International Women’s Day, we took a moment to reflect on the great women working at Sievo, as ...

Sievo Culture,

Spend Management - What is it and how is it changing in 2021?

The role of procurement is changing. Over the past two decades technology has turned procurement's r...

In times like these, agile company culture is needed more than ever

During the past week, we at Sievo have been doing what we can to stop the spreading of the Coronavir...

News & Recognition, Sievo Culture,

Global Packaging Supplier Choses Sievo as Procurement Transformation Partner

BW Packaging Systems is part of the Barry-Wehmiller group of companies, a global supplier of manufac...

News & Recognition,

Consumer Goods Leader Proves Global Savings Impact with Sievo

One of the world’s leading Fast-Moving Consumer Goods companies has partnered with Sievo to standard...

News & Recognition,

Sievo's Year in Review: 19 Highlights from 2019

In the far north of Finland is a small place called Korvatunturi. It's a modest place, barely mentio...

Sievo Culture,

How to Calculate and Forecast Purchase Price Variance (PPV)

In any manufacturing company Purchase Price Variance (PPV) Forecasting is an essential tool for unde...

Savings & Finance,

Healthcare Giant Gains Global Spend Transparency with Sievo

One of the world’s leading consumer healthcare companies has achieved unprecedented spend visibility...

Spend Analysis, News & Recognition,

Travelling with the family – Sievo Trip 2019 to Krakow 

It’s definitely not a standard morning. The alarm is waking me up several hours earlier than normal,...

Sievo Culture,

Highlights from SievoFriends Americas 2019

On September 17 -18 we hosted our valued customers and partners in Chicago for SievoFriends Americas...

Events & Conferences, Sievo Culture,

AI in Procurement - the new book you need to read!

We are excited to announce our new book AI in Procurement. It’s written by Sammeli Sammalkorpi and J...

Purchase Order Process Steps and Procedures Simply Explained

In this series freelance author and supply chain expert Elaine Porteous explores core topics in proc...

Procurement Explained,

See Why Some of the Smartest Minds in Procurement Are Meeting in Chicago

Autumn is slowly taking over: days become shorter and nights longer. While warm August in Helsinki i...

News & Recognition,

Group CEO News - Captain's Armband Handed to Sammeli

Sammeli Sammalkorpi will take over Sievo's Group CEO position from the start of 2020. Current CEO Ma...

News & Recognition,

Let's change the way we talk about procurement analytics

Generally, procurement is described in long and technical ways – something along the lines of: “the ...

Data & Analytics,

The Simple Request for Quotation (RFQ) Process for Procurement

In this series, freelance author and supply chain expert Elaine Porteous explores core topics in pro...

RFP & POC,

Not another boring video about procurement

One week ago, if you would’ve placed on YouTube the words “Procurement Analytics”, the first results...

News & Recognition,

Sievo Summer Academy Experience

In the beginning of May, 12 of us “summer seals” opened the doors to the office on the seventh floor...

Summer Academy,

Cost Reduction – The Common Language Between Finance and Procurement

In this series freelance procurement expert Elaine Porteous explores core topics in procurement and ...

Guest Blog, Savings & Finance,

Contract Lifecycle Management – Key Stages and Best Practices

In this series freelance procurement expert Elaine Porteous explores core topics in procurement and ...

Guest Blog,

24 Do's and Dont's of Supplier Relationship Management

In this series freelance procurement expert Elaine Porteous explores core topics in procurement and ...

Category Management,

What the heck is procurement? Read 19 experts spell it out for you

Key take: see experts explain procurement in less than a minute! "Procurement is like shopping... fo...

Procurement Explained,

How to Boost Your Procurement Intelligence with Smarter Analytics

Analytics is one of the most important and misunderstood topics in procurement. Each year Deloitte r...

Data & Analytics,

Relive Sievo X Friends Once More

Our annual customer event, Sievo X Friends, was held on the 5th and 6th of June in beautiful Helsink...

Events & Conferences, Sievo Culture,

Procurement Loves Finance All Around the World

A year ago we launched a new book describing Procurement’s Love for Finance. Behind this catchy head...

Savings & Finance,

Sievo for Sievo - Bringing Radical Transparency to our Workplace

At Sievo we help our customers drive their businesses by harnessing their flow of data. With our too...

Sievo Culture,

Experience Feedbacker - Improving Customer Experience in Inventive Ways

The only way to create a truly intuitive user experience (UX) is to do it together with customers. F...

Sievo Culture, Thought Leadership,

Sievo Brew - Best Enjoyed With Friends

We are constantly looking for new ways to innovate and bring our people together. We wanted to creat...

Sievo Culture,

8 Marvellous Reasons to Attend Sievo X Friends

June is an awesome time to experience Helsinki. The days are long and nights are short. All around t...

Sievo Culture,

Hero's Journey

Developing procurement is a continuous journey. As on an any good journey, we team up with important...

News & Recognition,

As women, how are we able to grow and to develop – while having kids?

In Finland there has been a lot of talk about "synnytystalkoot" and reduction of the birth rate. We ...

Sievo Culture,

Iconic Apparel Brand Selects Sievo for Global Spend Visibility

The most popular American clothing and footwear brand* has selected Sievo as partner for Procurement...

News & Recognition,

Detroit-based engine parts manufacturer equips Sievo

A Detroit-based engine parts manufacturer has selected Sievo as their Procurement Analytics provider...

News & Recognition,

Boliden teams up with Sievo

The Swedish mining and smelting company Boliden has chosen Sievo as its Procurement Analytics provid...

News & Recognition,

Turning Insights into Action at Sievo X Friends

Summer is slowly but steadily approaching and so is our flagship event Sievo X Friends. Some of our ...

Events & Conferences,

Sievo Makes Spend Matters 50 to Know in 2019

Sievo has been recognized as a Procurement Solution Provider to Know in 2019 by Spend Matters. The S...

News & Recognition,

Bringing Dun & Bradstreet Data to the Mix with Bisnode

We've got some exciting news to share. Sievo's customers can now enrich their procurement analytics ...

News & Recognition,

How Sievo is improving end user experience

Consumerization is growingly influencing B2B services by raising the bar customers set for user expe...

Sievo Culture, Thought Leadership,

Pick the Winning eAuction Strategy – Every time

This is a guest post by Henrik Balslev, Senior Vice President of Operations at Scanmarket.    If you...

Guest Blog,

Sievo continues to be a Value Leader

We're excited to share that Sievo has maintained it's position as a recognized Value Leader in Spend...

News & Recognition,

Beyond the 2018 Financial Milestones Wall

Above and Beyond Financial Milestones in 2018 To all: rejoice! we’ve closed another big financial ye...

Savings & Finance,

A Journey to #EqualIT

I tend to forget the reality in many software companies is predominantly male.  That’s because Softw...

Sievo Culture,

See Inside the Strategic Sourcing Forum 2019

The procurement elite of Finland gathered in the gilded Hotel Kämp ballroom in downtown Helsinki thi...

North American packaging manufacturer selects Sievo

A North American packaging manufacturer, with over 100 operating units across Europe and North Ameri...

News & Recognition,

10 Year Challenge: Sievo 2009 vs. 2019

I’ve seen a number of #10YearChallenge reflections recently, so I wanted to offer ours. What’s chang...

Sievo Culture,

10 Challenges Contract Management is facing and how to overcome them

Many CPOs would consider contract management being the basis for continuous supplier management, whe...

Don’t choose a job, choose a career

This is the time of year when university students plan ahead for the long summer break. Many student...

Sievo Culture,

My Summer Academy - Storyline Divine

There are over 150 steps to ascend to the 7th floor and reach the Sievo HQ’s office in Helsinki. Tru...

Summer Academy,

Our customers and partners are people too!

This is a guest post by Outi Tuohimetsä, Director of Services at Cloudia.  Autonomous technologies m...

Guest Blog,

5 Reasons to Work Remotely From Lisbon this Winter

Over 70,000 people converge on Lisbon this week for the WebSummit - an annual mega-meetup for startu...

Sievo Culture,

3 Procurement Insights Found When Analyzing Over $800 Billion of Spend

Two weeks ago Sievo launched the first benchmarking solution based on real procurement data. Peer Be...

What happens when 113 Sievonians travel to Berlin?

At Sievo, we have developed a yearly tradition of travelling abroad together with the whole team. We...

Sievo Culture,

SievoFriends Americas: Three Procurement Takeaways

Last week was a big one for Sievo: we hosted our first annual customer conference in the U.S. We’ve ...

Events & Conferences,

Breaking the Latest SolutionMap Results

Over the past year we've covered Spend Matters' SolutionMaps in detail. As the most extensive indepe...

News & Recognition,

From Friday Beer Productivity to Artificial Intelligence

The Six Things I’ve Learned While Spending My Summer At Sievo Hello, dear blog reader! My name is Ni...

Sievo Culture,

Sievo's Collaborative Culture Featured on Finnish National TV

This week the Finnish national broadcaster Yle featured Sievo in a documentary TV program "Murrokses...

News & Recognition,

Sievo Recognized as a Value Leader in Spend Analytics by Spend Matters

Today, we're happy to share that Sievo has been recognized as a Value Leader in Spend Matters' Q2 So...

News & Recognition,

Superior Data Management Enables Better Spend Analysis

If you’ve enjoyed your holidays over June or July, you may have missed a flurry of quality commentar...

Spend Analysis,

5 Tips for Office Summer Dress Code

Every year when the weather gets hot, people are puzzled by the same questions: What should I wear t...

Sievo Culture,

Where the World of Procurement is Heading

Having more data generated in the last 2 years than in history of mankind is an opportunity to recog...

Thought Leadership,

Part VI: The Power of Invoice Analysis

In this 6-part series, guest blog writer Michael Lamoureux, a freelance procurement expert, explores...

Guest Blog,

Part V: Demand Projection and Demand Management: A Basis for Cost Avoidance

In this 6-part series, guest blog writer Michael Lamoureux, a freelance procurement expert, explores...

Guest Blog,

Part IV : For Deep Insight Into Cost, Combine Analytics with (Should-Cost) Modelling

In this 6-part series, guest blog writer Michael Lamoureux, a freelance procurement expert, explores...

Guest Blog,

Part III: Trend Analysis: The Basis for Spend Forecasting & Predictive Analytics

In this 6-part series, guest blog writer Michael Lamoureux, a freelance procurement expert, explores...

Guest Blog,

SievoFriends 2018: Towards Automated, Transparent Procurement

The past, present and future met in Helsinki yesterday in the friendliest procurement event of the y...

Events & Conferences, News & Recognition,

Sievo Protects Data by Design

From the many GDPR-related emails we have all received this week, it should be no surprise to you th...

Data & Analytics,

Part II: Market Intelligence: The Foundation for Opportunity Analysis

In this 6-part series, guest blog writer Michael Lamoureux, a freelance procurement expert, explores...

Guest Blog,

Part I: The Deficiencies of Descriptive Analytics

In this 6-part series, guest blog writer Michael Lamoureux, a freelance procurement expert, explores...

Guest Blog,

The Road to Materials Forecasting and Endless Possibilities

In the procurement domain, I feel like materials cost forecasting is the most underleveraged area of...

Savings & Finance,

A Newbie's View from ISM2018

Can you hear that ruffling sound of packing? Right now over 1,400 procurement professionals are pack...

Events & Conferences,

Sievo Makes Spend Matters 50 to Know in 2018

Sievo has been recognized by Spend Matters as a Procurement Solution Provider to Know in 2018. The S...

News & Recognition,

SavingsBridge – Our Solution to Connect Procurement and Finance

We recently introduced our new book Procurement Loves Finance, which is about building and nurturing...

Savings & Finance,

Hack Sievo with ❤

There’s a first time for everything. But no need to panic, we’re all beginners in something at some ...

Sievo Culture,

Procurement ❤️ Finance - the story behind the book

At Sievo we’ve always done things differently. When others express their thoughts in short LinkedIn ...

Announcing Procurement ❤️ Finance

With pride we can share today that our new book Procurement Loves Finance is out of print and ready ...

News & Recognition,

Sievo Wins EBA Business of the Year Award 2017/2018!

Sievo has been recognized as National Winner of The Business Of The Year in Finland in Europe’s larg...

News & Recognition,

Come Meet Sievo at the Nordic StrategyForum 2018 in Riga

Join us and fellow Sievo customers in Riga at the Nordic StrategyForum 2018 on March 15-16, 2018. Th...

News & Recognition,

Naked Business is Better Business

“If you have to be naked, you had better be buff. We are entering an extraordinary age of transparen...

Get ready, Miami! Meet Sievo at the Procurement Leaders Americas Congress 2018

The city of sun-kissed beaches, swaying coco palms and the signature neon lights is calling you. Sie...

News & Recognition,

Top 5 Reasons We Want More People to Move to Finland (and Join Sievo)

Over the years, Sievo has grown from a small Finnish software company into a global provider for the...

Sievo Culture,

Sievo is a Great Place to Work, Again in 2018!

For the third consecutive year Sievo has been recognized as one of the best places to work in Finlan...

Sievo Culture,

Fortune 500 California-based Technology Company Chooses Sievo

A Fortune 500 technology company based in California joins Sievo to turn data into $. The company is...

News & Recognition,

Clean Code Matters

Why am I obsessed about code quality? The house with the broken windows Do you know that abandoned h...

Sievo Culture,

Sievo is a Finalist at the European Business Awards

The secret is out! Sievo is proud to have been selected as a finalist in the prestigious European Bu...

News & Recognition,

The Art of Procurement Podcast: Building Trust through Data Transparency

Today on the Art of Procurement Podcast, our very own Sievo Inc. CEO Johan Peter Teppala (JP) is a g...

Events & Conferences,

Chicago, We’re Here to Hire Your Best and Brightest!

I woke up today at around one in the morning. My body says it’s time to go to work. Obviously I am s...

News & Recognition, Sievo Culture,

Sievo Achieves Record 47% Revenue Growth in 2017

As we have closed 2017, here are 3 numbers we would like to share with you. 47. 47% revenue growth, ...

News & Recognition,

Asia, we're ready- Telenor and Telenor Procurement Company choose Sievo for Procurement Analytics

We are proud to announce that Telenor Procurement Company, headquartered in Singapore, and part of T...

News & Recognition,

Procurement ❤️ Finance

Should procurement love finance or finance love procurement? Surprisingly that was the topic that ra...

Savings & Finance,

Dreams do come true with Sievo

During the first university class, we were asked to draw a picture of our dream job. I did not hesit...

Sievo Culture,

One to Watch in 2018 European Business Awards

Some fresh news to start the year. Sievo has made it to the European Business Awards very first 'One...

News & Recognition,

10+1 Top Procurement Articles from 2017

“Procurement people are really, really self-conscious.” That was my first impression as I joined Sie...

Predict Future Profitability- Sievo Whiteboard Session #4

Have you always wondered how your profitability would look like in the future? Get a glimpse as Samm...

Savings & Finance,

From PowerPoint Savings to Bottom Line Savings- Sievo Whiteboard Session #3

Here's a little secret: It is always about cost savings in procurement. Learn more on how having cle...

Savings & Finance,

Turn Procurement Data into $- Sievo Whiteboard Session #2

Have you always wondered what Sievo does? Give us two minutes and we'll explain what's the core of o...

Delivering More Value to Customers with Spend Matters’ SolutionMap

Let’s start with the good news: Sievo has been recognized by Spend Matters as a value leader in the ...

News & Recognition,

Data, Diplomacy and Internet-connected Cows in London

This week, friends of Sievo gathered in the Finnish Ambassador’s Residence in London for a night of ...

Sievo Makes CIO Applications Top 25 Solution Providers 2017

Sievo has been named in CIO Applications' Top 25 Procurement Solution Providers 2017. CIO Applicatio...

News & Recognition,

Greetings from Greece!

It's early November, I’m sitting by the pool, watching Olga lying on the grass, having a skype call ...

Sievo Culture,

Failure Day Celebration; Failing is everything

I fail. You fail. We need to fail to understand how we can do better next time. And people fail all ...

Sievo Culture,

A Look Under the Hood by Spend Matters

This week we published Spend Matters’ detailed Technology Review of Sievo on our website. Spend Matt...

News & Recognition,

On Growth, Culture and Assholes

Sievo turns 14 this year, with over 50 people joining our family of Sievonians. As we experience the...

Sievo Culture,

The Roadmap to Measure Real Savings for Indirect Spend

I was having discussions a few weeks back with one of our clients regarding actual savings calculati...

Savings & Finance,

Spend Analysis Demystified - Part 3: Spend Analysis

Spend Analysis Demystified is a series of articles where Sievo’s source-to-screen reveals the hidden...

Spend Analysis,

Spend Analysis Demystified - Part 2: Collaborative Classification

Spend Analysis Demystified is a series of articles where Sievo’s source-to-screen reveals the hidden...

Spend Analysis,

Meet Sievo at Procurement Leaders East Coast Forum 2017

This week procurement leaders will have an opportunity to meet Sievo’s US team in the Seaport Hotel,...

News & Recognition,

Sievo participe au Salon Solutions e-Achats les 26, 27 et 28 septembre 2017 à Paris Porte de Versailles

Avec plus de 6000 visiteurs,  250 exposants et 60 conférences, tables rondes et ateliers programmés ...

News & Recognition,

6 Key Learnings from 100+ Spend Cubes

During my three and a half years at Sievo, I have seen a vast number of spend cubes being created. W...

Spend Analysis,

Thank you summer Sievonians!

Getting those first contacts and opportunities from working life as a college student can be tough. ...

Summer Academy,

12 Benefits of Advanced Spend Analysis

Having a robust spend analysis solution in place has become a prerequisite for running a professiona...

Spend Analysis,

Spend Analysis Demystified - Part 1: Data Extraction

Spend Analysis Demystified is a series of articles where Sievo’s source-to-screen reveals the hidden...

Spend Analysis, Data & Analytics,

How to Manage Contracts for Value - Sievo Whiteboard Session #1

Are you interested in Sievo, but want to get to the beef of what we do in under 2 minutes? In that c...

Is Spend Analysis Holding You Back?

Spend analysis has been around for a long time as a tool for procurement organizations to make bette...

Spend Analysis,

We’re home – Sievo chooses Chicago as a US hub

Now it is real – we are officially in Chicago! It took barely 10 months after that decision to enter...

News & Recognition,

Six Steps to a B2B Rebrand – What you can learn from Sievo

The next time you visit sievo.com or meet your favourite Sievonians, you may notice something differ...

Sievo Culture,

Walk the Talk – Machine learning and big data for procurement analytics

In procurement analytics, there are two clear trends: Data is the new oil. Big data and advanced ana...

Thought Leadership, Data & Analytics,

Cimpress selects Sievo for Procurement Analytics Suite

We are proud to announce that Cimpress, the world leader in mass customization and home to e-commerc...

News & Recognition,

The Surprising Combination of an ISO-Audit and our Agile Organisation

Let’s start with the news: Sievo is ISO-27001 certified. We actually got this stamp of approval for ...

News & Recognition, Data & Analytics,

Procurement Big Data - from Data to Value

Big data is nothing new – we all have heard about it and have some idea of what it means. But when i...

Data & Analytics,

Sievo delivers more savings for retailers

We are excited to share that a Fortune 500 retailer has selected Sievo Spend Analysis and Payment Te...

News & Recognition,

Global Beauty Products Manufacturer Selects Sievo

One of the world’s leading beauty products manufacturers selects Sievo to deliver its Savings Lifecy...

News & Recognition,

Sievo Makes Spend Matters' 50 to Know 2017

Sievo is included in Spend Matter’s 50 to Know procurement solution providers for 2017. After three ...

News & Recognition,

Sievo Receives Eurostars Funding for Big Data Project

Sievo has received Eurostars grant funding for a new project to elevate procurement efficiency with ...

News & Recognition,

The Future of Spend Management

The previous blog post on spend management described the evolution over last decade until today. In ...

Spend Analysis,

Kellogg’s Breakfast with Sievo

Rise and shine. Start the day right with Kellogg’s corn flakes, and while you’re at it, start your c...

5 Tips for Breaking Into the US Market

We recently invited Bruce Oreck, the Former US Ambassador to Finland, to share some tips as we ramp ...

Sievo Culture,

SievoFriends 2017: Realizing Value

This year marks the 9th anniversary of Sievofriends, and almost a decade now of this annual event ca...

Events & Conferences,

On The Magic Connecting Customers, Employees and Product

CUSTOMERS. EMPLOYEES. PRODUCT. That’s the holy trinity of a SaaS-company. Anything meaningful taking...

Sievo Culture,

Delivery Performance in Sievo

In the Spend Analysis context, performance measurement is typically based on monetary and price rela...

Creating Business Value from Procurement

Nowadays it is a more or less universally recognized fact that having well performing procurement op...

Spend Analysis,

Visualizing Work

Tools for the Task We like keeping things simple at Sievo. While that is not true for everything, it...

Sievo Culture,

Making the Headlines: "Sievo's Cool Office"

This week Helsingin Sanomat, the major Finnish newspaper wrote an article about our fun and cool off...

Sievo Culture,

#SIEVODEV: Turning the Big Ship Around

Sievo has a history of shedding its skin. Years ago, the product was a desktop application behind ou...

Procurement Performance & Development, Sievo Culture,

5 Top Tips from Recruitment Lead of Sievo

Interested in working at Sievo? Read 5 Top Tips from our New Recruitment Lead No tricks needed, just...

Sievo Culture,

7 Megatrends for the Future of Procurement

“Look 10 years from now, and what will you see in this conference?” started Saki Boukas in his openi...

Thought Leadership,

#loveissievo! And, Why You Should Love Your Colleagues

As the HR lead at Sievo I think about love a lot, (and not just on Valentine’s Day!) In Finland, tal...

Sievo Culture,

Conquering the US Spend Management Market

From the beginning Sievo has been doing business on global basis and today our customers and users a...

News & Recognition,

Customer Survey - a Great Success

In October, I wrote an open letter about the upcoming Customer Survey. There I explained how we, the...

News & Recognition,

Welcome to Sievonia

During the past 24 months, we at Sievo have gained a lot of experience in moving. We have switched o...

Sievo Culture,

Focus on Business Outcomes to Ensure Great Results from Development

Previously we blogged about having the correct tools for the task in our technology team. We briefly...

Procurement Performance & Development,

On Dancing Seals, Organizational Growth and Tribes

Sievo has grown fast, from a 2 person start-up to a solid growth company with more than 70 employees...

Sievo Culture,

Sievo Customer Satisfaction

Sievo friend – how are you doing? It’s the time of the year when we will ask you, our dear customer,...

News & Recognition,

Is City Quest the New Escape Room?

Escape rooms have become an increasingly popular pastime. In Helsinki alone, Tripadvisor has 13 of t...

Sievo Culture,

Sievo is The Most Improved Great Place to Work in Finland

Sievo has been ranked as one of the best places to work in Finland for the second year in a row! Lea...

News & Recognition, Sievo Culture,

Spend Analysis data quality challenge

Spend analysis aims at creating a fact based understanding on where a company spends its money: what...

Spend Analysis, Thought Leadership, Data & Analytics,

SievoFriends 2016 - the Future is Now

Once again in beginning of June was that great moment of the year when Sievo friends, customers, pro...

Events & Conferences, News & Recognition,

Spend Management - from Reporting to Forecasting

This article gives an overview of the paradigm shifts of spend management over the last couple decad...

Spend Analysis,

Why is Sievo a Great Place to Work?

Yesterday we had the chance to attend the Best Workplaces in Finland event, and to celebrate Sievo b...

Sievo Culture,

Forecast - The Common Language of Procurement and Business

I start by doing a bold statement; Forecast is by far the most powerful tool for Procurement, when c...

Savings & Finance,

Measuring Procurement Performance, Rocket Science?

I remember around 15 years ago, when Procurement started to become an important part of the CEO’s ag...

Procurement Performance & Development,

Sievo, Big Data

Procurement Leaders Data, Intelligence & TechX Summit 2016 in brief: Big Data Procurement Leader...

Thought Leadership, Data & Analytics,

Using Proxies to Measure Realized Indirect Savings

Latest addition to the Sievo solution’s Procurement Controlling area are proxies. Proxies can be use...

News & Recognition,

Syngenta has Selected Sievo to Deliver Spend Analysis for Its Global Procurement Business

In a continuous effort to develop its procurement function, Syngenta is revising its approach to cre...

News & Recognition,

Sievo Quoted by Peter Smith from Spend Matters as the Player with a Product Pretty Much Unique in the Procurement Solutions Space

Sievo is pleased to announce its partnership with Spend Matters UK/Europe. Peter Smith from Spend Ma...

News & Recognition,

Values: The Foundation of Success

Success takes multiple shapes. The most greeted one is company’s valuation generally driven by healt...

News & Recognition, Sievo Culture,

Sievo Quoted in Spend Matters, "Understand the Technology Options - 2014 Priorities for Procurement Leaders"

Sievo has been quoted by Peter Smith, Spend Matters, in an article published on Jan 13, 2014, descri...

News & Recognition,

Sievo: Spend Matter's Jason Bush Favourite for Measuring Procurement Performance

In his review of KPMG’s FUTUREBUY: The Future of Procurement – 25 in 25, Spend Matter’s Jason Bush h...

News & Recognition,

Sievo Named a Gartner "Cool Vendor" in Procurement and CLM for 2013

The Cool Vendors report in Procurement and CLM, published in May 2013 by Magnus Bergfors, Deborah R....

News & Recognition,

Decision Achats Describes Chr-Hansen's Choice of Sievo's SaaS Solution to Manage its Procurement Performance

Decisions Achats, a French magazine, interviewed Chr Hansen, a Danish group and worldwide leader in ...

News & Recognition,

Orkla selects Sievo for Spend Visibility

Orkla ASA is the leading Nordic supplier of branded consumer goods and concept solutions to the groc...

News & Recognition,

Sievo is a 2013 Red Herring 100 Europe Winner

Sievo is really pleased to announce today it won the 2013 Red Herring’s Top 100 Europe Award, a pres...

News & Recognition,

Trust is the Most Important Treatment of Success

The last months at Sievo have showcased the increasing trust our community places in us. Many of our...

News & Recognition,

Sievo is Certified for Windows Server 2012

Sievo is pleased to announce that Sievo Procurement Performance Management Solution version 5.8.0.2 ...

News & Recognition,

Sievo a Deloitte Technology Fast 5o Company in Finland for the 5th Year in a Row

Deloitte Technology Fast 50 praised Sievo’s accomplishments for the 5th year in a row ranking the Fi...

News & Recognition,

Red Cross Finland Gains Spend Visibility in 24 Hours

The Finnish Red Cross Blood Service performs a spend analysis over all purchases at least once every...

News & Recognition,

Leading Finnish Technology Paper Ranks Sievo Among the 99 Most Promissing Start Ups in Finland Alongside Rovio's Angry Birds and Others

Sievo has been ranked 79th among the 99th most promising start ups in Finland. The ranking is of a g...

News & Recognition,

Sievo Renders Public the Holy Grail of Procurement Performance Measurement: Procurement Contribution to Financial Performance

Procurement performance is measured from many angles, but what is for sure is that financial perform...

News & Recognition,

Sievo Closed a Deal with a US-Based Cruise Operator

Sievo has recently closed a deal with a river and ocean cruise operator that is headquartered in the...

News & Recognition,

US-Based Industrial Manufacturing Company Selects Sievo to Provide Solutions for Spend Management

500 – the number of users Sievo has in the Americas and our tribe is now expanding again. Sievo is p...

News & Recognition,

Camfil Selects Sievo for Spend Analysis and Financial Measurement

Camfil, global leader in the air filtration industry, has selected Sievo to deliver Spend Analysis a...

News & Recognition,

SievoFriends is Around the Corner - Registration is Opened!

SievoFriends 2017, the annual event for customers and future customers, is around the corner and the...

News & Recognition,

Meet Sievo at the Nordic Strategy Forum 2017 in Riga

This week Sievo is participating in the Nordic StrategyForum, the largest collection of senior procu...

News & Recognition,

Sievo - Software from Finland

Sievo has been recognized as an uncompromised software producer who uses the Finnish best practices ...

News & Recognition,

Fortune 100 Manufacturing Company Selects Sievo

We’re proud to announce that a leading US-based manufacturing company selects Sievo to deliver our R...

News & Recognition,

Fortune 500 Life Science Company Selects Sievo

A Fortune 500 Life Science company selects Sievo to deliver its global Spend Forecasting solution. S...

News & Recognition,

Welcome to a Career Playground- and Say Goodbye to the Career Ladder

Last night Sievo was recognized as the 7th best workplace in Finland by the Great Place to Work® Ins...

News & Recognition, Sievo Culture,

Hot Procurement Trends - What to Expect from SievoFriends 2017

It’s an exciting time of the year for us at Sievo and our valued partners. Our annual customer event...

Events & Conferences,

The Agile Survive

Just as we seem to get over the economic uncertainty related to the European banking crisis, a new m...

News & Recognition,
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