Out of 29 vendors, Sievo is the leader in Spend Analytics.
Sievo received two of The Hackett Group’s highest recognitions: Customer Value, awarded to vendors that deliver measurable impact such as ROI and efficiency gains, and Top Tech, given to category leaders in innovation, market impact, and customer value.
Sievo has received the Top Tech Score five times in a row, proving our commitment to help global enterprises reach procurement excellence with a future-proof setup and outstanding services.
Spend Matters SolutionMap is now backed by the power of The Hackett Group, a leader in strategic advisory and generative AI consulting. This acquisition combines Spend Matters' deep procurement technology intelligence with The Hackett Group's global business benchmarking data to deliver even more powerful insights for our clients.
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.
Sievo has one of 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.
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.
The Hackett Group ranks Sievo as a top value leader for Procurement Analytics
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
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 discover renegotiation opportunities for materials and categories where you are paying more than your peers.
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. It provides not only precise and contextualized answers based on your data, but also suggests relevant follow-up questions automatically.
Sievo is an enabler for what we call strategic sourcing and category management. It's a necessary skill that we have to have in order to do our job.
Sievo delivers value we've never experienced before. We see so many opportunities we previously missed that are just ripe for picking. It's as simple as looking at Sievo.
