Sievo Launches Industry's First State of Spend Report Built on $2 Trillion in Real Procurement Data
First-of-its-kind benchmarking report reveals how the world’s largest procurement organizations manage their spend, based on anonymized transaction data from global enterprises
[Helsinki, Finland] – [27 October 2025] – Sievo, the leading provider of procurement analytics, released its inaugural State of Spend 2025 report, the first industry benchmark built entirely on real procurement data rather than surveys or estimates. The report analyzes $1.4 trillion of Sievo's annual $2trillion enterprise spend—approximately 2% of global GDP—across six major industries, providing procurement leaders with actionable benchmarks derived from actual purchase orders, invoices, and supplier transactions.
Unlike traditional industry reports that rely solely on self-reported surveys or projections, Sievo's State of Spend 2025 is built on aggregated and anonymized transactional data from enterprise customers who have provided explicit contractual consent. This approach delivers unprecedented accuracy in procurement benchmarking, revealing the real practices and performance metrics of top-tier organizations.
"We have a unique opportunity to turn trillions in spend data into meaningful benchmarks that procurement leaders can actually use," said Sammeli Sammalkorpi, CEO and Co-Founder of Sievo. "This report shows what top performers are really doing. These aren't hypotheticals we’re analyzing, they're patterns from real spend that can help you understand where you stand and where you need to go."
Industry-Specific Benchmarks and Insights Across Six Sectors
The State of Spend 2025 provides industry-specific KPI benchmarks tailored to the unique procurement challenges and opportunities within:
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Healthcare
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Chemicals & Biotechnology
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Manufacturing & Automotive
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FMCG (Fast-Moving Consumer Goods)
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Infrastructure & Utilities
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Services & Retail
Each industry section delivers process-based benchmarks across critical procurement KPIs that leaders use daily, including but not limited to:
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PO Coverage – measuring purchase order discipline and maverick spend
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Due to Pay – tracking payment timing and cash flow management
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Invoice to Due – assessing invoice processing efficiency
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Supplier and Invoice Fragmentation – analyzing the number of suppliers and invoices per $1 billion in spend
A Foundation for Future Benchmarking
The 2025 report represents Sievo's first foray into leveraging its massive spend data repository for industry-wide insights. While this inaugural edition focuses on process-based benchmarks, future iterations will expand to include hard savings benchmarks and additional performance metrics as the company continues to develop the report.
"We're committed to evolving this report to give procurement leaders even more tools to drive performance," added Sammalkorpi. "Our goal is to help you challenge your assumptions, compare your metrics to real benchmarks, and chart a clear path forward."
The State of Spend 2025 report is available for download here.
About Sievo
Designed for enterprises with $1B+ in revenue, loved by global companies featuring Mars, Levi's, and Deutsche Telekom, and praised by key analysts, we provide a future-proof solution with 63x ROI.
We empower Procurement, Finance, IT, and Sustainability teams to overcome their data chaos and capture all insights, drive bottom-line savings, improve ESG performance, and streamline budgeting and forecasting.
Sievo goes beyond world-class analytics and dashboards. We help our customers close the data-to-action gap with reliable insights, recommendations, and benchmarks by combining internal, third-party, public, and cross-customer data.
By processing spend data equivalent to 2% of the world's GDP annually, we enable fast, informed decision-making and deliver the industry's highest data quality with end-to-end data accountability.
Awarded and recognized by top analysts, including Spend Matters, Gartner, ProcureTech, and Procurement Leaders, we offer solutions for Spend Analytics, Procurement Performance Measurement, ESG Analytics, and Financial Planning and Analysis.
Aino Häkkinen,
VP of Marketing
aino.hakkinen@sievo.com
