Sievo Spend Analytics ranked as #1 Procurement Technology by SpendMatters 4x in a row!

We are the best in 6/23 categories, exceed the market benchmark in 14, and meet the market benchmark in the remaining 3 categories

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Out of 27 vendors, Sievo is the leader in both Spend Analytics Functionality and Service solution

SpendMatters’ Top Tech Score is awarded to only the best in each division - recognizing companies that demonstrate innovation, market impact, and the ability to deliver value to their customers.

Sievo has received the Top Tech Score four times in a row, proving our commitment to helping enterprises reach procurement excellence with a future-proof setup and outstanding services.

SpendMatters SolutionMap is an independent vendor assessment tool to help procurement elevate and find the right technology for their needs. It provides the full evaluation by comparing two aspects: functionality ranking and customer input.

Why is this award important and what does it mean?

If you are challenged by complex data landscapes, seek advanced easy-to-use analytics, want to benefit from best-practice content, and wish for global services & support, Sievo is the right fit!

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Sievo delivers the industry's highest data quality

Get the most useful savings insights with Sievo as we turn any data input into the highest quality data output.

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Sievo has the most advanced predictive analytics and insights

Enable every user to make better decisions, faster and at scale with automated high-value opportunities, conversational analytics and guided actions to capture more savings.

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Gain maximum value beyond savings with Sievo

Our services and dedicated account team empower users through specialized training and guidance, maximizing user adoption and supporting long-term strategy and business value.

Spend Matters ranks Sievo as a leading performer for functional depth and breadth in Procurement Analytics

 

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Trusted and recommended by those who know us best

Bringing value to business since 2003

Sievo was founded to help all procurement professionals understand their spending in the easiest ways possible and enable them to develop strategies that bring more to the business. We do this with our Spend Analytics solution and our dedicated customer support team and services.

We know software isn't much until you are a true partner to your client. So, we are proud to receive near-perfect Customer scores
for Business Value and User Experience.

We make dirty data shine bright like a diamond

To create business value, you need data you can trust + ways of translating data to meaningful, actionable insights with advanced, predictive analytics. Although difficult for many others to accomplish both, this is where we shine!

According to SpendMatters, we have best-in-class data management and automation & AI/ML capabilities, and we provide the most advanced Analytics. So no matter the maturity level of your procurement or how messy your data is, we can help you find data-diamonds.

Up next:
We continue reinventing procurement analytics!

Gain millions of dollars in cost savings and process efficiencies as Sievo closes the data-to-action gap and captures all opportunities for you. Think of:

Sievo Insight to Initiative Management

Capture $20M additional savings per $1B analyzed 

  • Make decisions with confidence based on reliable data
  • With Sievo's holistic, granular set of Insight types, you will achieve more savings, reduce emissions, or unlock other unexplored high-value opportunities like working capital improvements and tail spend
  • Progress opportunities into streamlined initiatives, generate supplier emails tailored to each insight, or initiate autonomous negotiations, all with guidance and minimal effort.
  • Gain a clear view of your procurement performance by tracking savings against baselines automatically, distinguishing controllable from non-controllable factors
Supplier 360_PaymentTerms recommendations

New frontier of value capture through community benchmarks

 

  • Unlock insights and trends from across Sievo’s customer base that your company cannot obtain on their own
  • Receive transaction data-based benchmarks and intel that enable novel insights and recommendations
  • For example, free up 3x more working capital by comparing your payment terms to community benchmarks, or enhance working capital by identifying suppliers with the greatest potential for extending payment terms
Sievo Analytics Copilot

Make more decisions faster with Sievo IQ

  • From strategic decisions to fast data interpretations, Sievo IQ simplifies your interaction with procurement data
  • Replace manual data analysis with conversational analytics that is built on AI speed and human understanding
  • Going beyond traditional assistants and self-service tools, Sievo IQ strategically breaks down complex analytics tasks and provides precise and contextualized answers based on your data

It's a great journey to be on, and we develop together with our customers to fit their needs.
Will you join the ride?

Ready to find new savings?

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