Procurement Analytics and Spend Management Blog | Data & Analytics

Data & Analytics

Agentic AI in Procurement: Transforming Decision-Making at Scale

In the Sievo webinar titled "Driving Procurement Decision Orchestration: How Agentic AI is Changing ..

Read blog post

Agentic AI in Procurement: Transforming Decision-Making at Scale

In the Sievo webinar titled "Driving Procurement Decision Orchestration: How Agentic AI is Changing ...

Data & Analytics,

Embracing Agentic AI in Procurement: Bridging the Data-to-Action Gap

By Varvara Kharitonova and Marius Ciobanu. Special thanks to Heta Pirttijärvi. Agentic AI is making ...

Data & Analytics,

The pitfalls of in-house procurement analytics tools

In the fast-paced world of procurement, the allure of DIY analytics solutions like Excel, PowerBI, o...

Data & Analytics,

Why faster time-to-value matters in procurement analytics

Procurement teams need actionable insights to make fast, informed decisions. Relying on general-purp...

Procurement Performance & Development, Data & Analytics,

Optimizing procurement performance: strategies for success in 2024

In the rapidly evolving world of procurement, Chief Procurement Officers (CPOs) face an array of cha...

Data & Analytics,

5 Ways to Elevate Procurement Analytics with User Adoption and Training

In a hectic procurement landscape, data and analytics tools are crucial for making future-proof deci...

Data & Analytics,

5 Ways GenAI is Changing Procurement

Traditionally, procurement has been dominated by structured data, such as purchase orders and invoic...

Data & Analytics,

ChatGPT for Procurement: LLM use cases for analytics

There is much hype around ChatGPT, and it’s well deserved. Analytics platforms—including Sievo—are e...

Data & Analytics,

Optimizing M&A Spend Management: Challenges, Strategies, and Opportunities

Mergers and acquisitions (M&A) can be complex, involving a myriad of considerations and potentia...

Data & Analytics,

Before spend analysis: the data cleansing and enrichment process

Organizations analyze procurement spend data to reduce costs, increase efficiency, and improve suppl...

Data & Analytics,

Procure-to-Pay (P2P) Analytics | Spend analytics in the P2P process

Handling large volumes of procurement data efficiently is time-consuming and labor-intensive, especi...

Data & Analytics,

The strategic sourcing process fueled by data

Strategic sourcing has a vital role to play in supply chain management and ensuring profitable busin...

Data & Analytics,

Total cost of ownership (TCO) of procurement software

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

Data & Analytics,

7 benefits of procurement analytics

Procurement analytics uses quantitative and analytical methods to derive actionable insights from pr...

Data & Analytics,

The challenge of bad procurement data quality

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

Data & Analytics,

Load More