Spend Analytics
PO Analytics validation dashboard
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.
Data managers need to ensure the regular (monthly or weekly) data import process of PO analytics is smooth and help detect possible issues within the data. Sometimes super users will conduct similar process as well. Productizing this regular tracking process help increase efficiency.
Support for diversity reporting
Being able to select payment date or posting date to report diversity statuses on if it is at any point relevant. Being able to manually update the diversity status of custom assessed suppliers for customers who are custom assessing diversity statuses.
This will allow for more support and flexibility in diversity reporting. Please contact your Sievo representative for implementation if it is relevant to you.
Materials Forecasting
Price components
Material prices agreed with suppliers may have complex structures that can be broken down to components. One part of the price can be fixed and the rest of the price can fluctuate depending on diverse factors or indices agreed during contract negotiations with suppliers.
Price components enable breaking the material prices down to components.
Price components will enable a higher accuracy when forecasting or budgeting material spend when the price per unit can fluctuate based on differ factors agreed with suppliers. Price components can also increase the understanding of how the spend is expected to fluctuate, and which part of the forecast is expected to be more stable.
Please contact your Sievo representative for implementation if you would like to use this feature.
Sievo Academy
Redesigned Sievo Academy
We have fully redesigned Sievo Academy and added a bunch of interesting content to help you make the best out of Sievo. You'll find the link to Sievo Academy at the bottom of the main navigation.
We have revamped the SPM videos in Sievo Academy. In addition to the updated videos under Basics of SPM, you can learn How to track emission reductions in SPM and check out the greetings from our SPM Product Manager Julius Seppänen.
You’ll find the Spend FAQ and Glossary now from Sievo Academy! We will tackle some of the frequently asked questions and open the logic behind the commonly used measures in Sievo Spend Analytics.
