Release Notes | Sievo

March 2023

Written by Admin | Apr 11, 2023 5:28:19 AM

Spend Analytics

Export reclassification requests

You can now export reclassification requests to a CSV file. Select one of the views between pending, approved or discarded and find the export button from the top right of the page. The export will include only the information available in the interface.

This will allow you to perform additional analysis on reclassification data.

This update will be available with the March 2023 software release.

PO analytics validation

What?​

We added a new dashboard within PO analytics to help data managers and super users monitor PO data import process of PO analytics module. ​The main KPIs being tracked to achieve the purpose are PO value deviation and currency deviation.

Why?​

Data managers and super users need to ensure the smoothness of the regular data import process of PO analytics, and help detect possible issues within the data.​  Productising the regular tracking process will increase efficiency.

Availability​

Will be available to all PO analytics customer during April.

Savings Lifecycle

CO2 emission reduction projects

What?

We have introduced configuration options to SPM that allows you to track the CO2 emission reduction impact together or independent of savings impact. On top of that, there is a new dashboard available that helps you analysing the emissions reduction journey towards set target, such as net zero emissions. This can be rolled out to any customer using SPM that wishes to start capturing emissions reduction figures.

Why?

Procurement impact is expanding beyond savings at an increasing pace. With 80% of company emissions coming from the supply chain, procurement is in a unique position to drive significant emissions reduction initiatives and communicate the targets around them. This feature allows you taking action i.e. on the CO2 analytics findings and identified hot spots.

A more detailed description is available in Sievo Academy Savings Program Management playbook.

Materials Forecasting

New real-time forecast adjustment grid

Our new real-time adjustment grid replaces the old grid, delivering a much faster performance. With the new grid forecast adjustments are immediately visible, which results in much more fluid user experience.

At the same time we also updated the interface related to single row adjustments. These improvements will give us more freedom on releasing more and more improvements on how users can adjust and work with price and volume forecasts.

Environmental, Social, and Governance

CO2 historisation now available

 

What?

This new update allows you to:

  1. Track changes in emission factors over time

  2. Set start and end dates for validity for the emission factors.

We added a date selector when creating a mapping or emission factor: this new feature allows you to set up a baseline / freezing date, that will permit changes only after that date; please contact your Sievo representative if you wish to it set up.

Editing history is no longer possible for regular users, unless the default date or user rights are changed. The permissions for editing history can be allowed by the super users or by Sievo representatives.

We also added a new tab in the mapping tool that allows you for editing these custom processes, along with a better support on custom emission factors (=supplier specific data).

A more detailed user manual is available in Academy.

Why?

To better support tracking progress in CO2 analytics.

When?

Automatically live in all customer environments by the beginning of April.