Data & Analytics

5 Ways GenAI is Changing Procurement

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

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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,
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