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SIEVO COMMUNITY DATA

Gain true negotiation power with peer benchmark data

Unlock new frontier of value capture with unique insights and savings opportunities from Sievo cross-customer benchmarks.

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Empower decisions
with peer benchmarks

Unlock new frontier of value capture with
unique insights and savings opportunities
fueled by community benchmarks.

Are you sure you've secured the best deals with your suppliers - without using benchmarks?

What if you're leaving money on the table in every supplier negotiation? Without data to compare with, you can't really know how much better your deals could be. Sievo Community Data provides transaction data-based benchmarks and intel that enable novel insights and cutting-edge data cleansing services to help you maximize your savings and optimize your procurement performance.

Sievo processes spend data equivalent to 2% of Global GDP annually. Discover the valuable insights you might be missing out on!

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Payment terms benchmarks and recommendations

  • Identify suppliers with the greatest potential for extending payment terms

  • Compare your payment terms to community benchmarks across dimensions like category, supplier country and supplier spend

  • Utilize AI-tailored, supplier-specific recommendations and insights to enhance working capital 

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Cost savings opportunities & supplier discovery

  • Track price development and uncover savings with Sievo's material and category price indexes

  • Leverage community data to identify renegotiation opportunities and secure favorable terms, even in non-commodities like MRO

  • Discover commonly used suppliers within the Sievo community and identify transaction-validated alternatives for sourcing opportunities based on location or category

Sievo’s customers benefit from the best-in-class classification and data cleansing services

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  • Sievo's supplier parenting algorithms use cross-customer service records to determine the correct supplier parenting and deliver intel about M&A and other supplier base activities

  • Sievo’s AI-model is trained on community data to deliver 3 times more accurate data in classification over other models 

 

Start the self-guided tour to see how Sievo Community Data empowers you to uncover new savings opportunities and prioritize the most impactful ones using actionable insights.

Sievo Community Data is powered by cleansed, anonymized and aggregated data​

Spend Anomalies icon The benchmarks or other community data sets do not contain any information that can be linked to an individual customer.

Cost savings icon The underlying data has gone through the standard Sievo process for cleansing and validation to ensure data integrity​.

bars icon To ensure data reliability and anonymity, benchmarks are established by aggregating data from multiple customers.

Fuel your data with insights and benchmarks from the highest quality database in procurement analytics.

See it for yourself — fill in your details and we’ll reach out to walk you through a demo.

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