Trusted by
.svg.png?width=500&name=Integrated_Service_Solutions_(logo).svg.png)
Are your critical procurement decisions based on high-quality data?
High-quality data 
accurate 
complete consistent up-to-date reliable duplicate-free
Poor data quality is more than just an inconvenience, it leads to Procurement leaving millions of dollars on the table and putting the enterprise at risk without knowing it.
Sievo’s data cleansing & categorization AI delivers 3x more accuracy than other models
Most AI-models cannot make an impact because AI needs to be fed with high-quality data before it can give a high quality output. Sievo’s AI is trained on the 2%+ global GDP that we process annually plus learns continously from cross-customer feedback. Moreover, Sievo experts leverage decades of procurement data expertise to oversee and improve these processes.
The result? Sievo customers gain on average 63x ROI.
Maintain control while Sievo takes over the responsibility
Sievo is the only procurement analytics provider that takes end-to-end data accountability - while delivering industry’s highest data quality. This is reflected in the fact that Spend Matters has awarded us best-in-class Data Management for multiple consecutive years.
Want to know more about Sievo’s data extractions and data enrichment capabilities? Check out Sievo Integrations ↗️
Get better sourcing visibility with taxonomy best practices
The quality of your taxonomy directly impacts your classification quality. Achieve the ideal taxonomy with:
- Consultative approach: available for all categories regardless of new, growing, or established taxonomies
- 20+ years of expertise: in improving hundreds of custom and industry standard taxonomies (e.g., UNSPSC’s ambiguity)
- Collaborative effort: together with Sievo’s taxonomy experts, your improved taxonomy will bring the best visibility while meeting your business and reporting needs
Enable everyone to speak the same language
- No manual work: save time and prevent errors from manual translations
- Global alignment: easily generate global reports and facilitate cross-continental communications and collaborations
- Automated translations: through Google Translate API, data is automatically translated into English and stored alongside the original data
Track your spend across all currencies in your organization
- Holistic visibility: discover the true cost of goods and services with visibility to currency fluctuations in one view
- Optimize costs: Compare supplier prices across regions and mitigate risks against currency volatility
- Automated conversions: Open Exchange Rates is Sievo’s default for currency conversions - but we can use your favorite provider as well!
Make better decisions with cross-continental measurement consistency
- No manual work: save time and compare material quantity prices across regions and suppliers with ease
- Improve communications: enable everyone to use the same language for measurements across different continents
- Better reporting: improve your reports with standardized units that simplify complex calculations, such as CO2 emissions
Powered by AI, backed by experts
Benefit from best-in-class classification quality with the only procurement analytics provider that has guarantees for coverage, accuracy, and granularity.
- Sievo AI: trained on Sievo’s Community Data, representing 2%+ global GDP annually, Sievo AI delivers 3x more accuracy over other models on the market
- Sievo Experts: our Data Managers leverage decades of expertise from classifying and reviewing data from various industries
100% transparency
Gain trust with full classification logic transparency. Sievo’s classification explanation dashboard shows you what was classified, how, and why.
Streamlined feedback
Stay in control with Sievo’s built-in reclassification and approval features. Users can suggest improvements, and approved requests go live the next day.
User control & change log
As the admin, easily stay on top of all users. Manage their permissions, monitor the number of assignees by Category or Organization, or view the Change log.
Gain the most comprehensive supplier visibility with Sievo’s Supplier Service
Unlike other companies, Sievo goes beyond simple supplier grouping. We map all your ERP suppliers to its highest global parent company relevant for procurement (i.e., supplier parenting). Enabling you to discover who and with how many you actually have contracts with - without lifting a finger.
Stay on top of your supplier base with proactive maintenance & cross-customer database updates
- Cross-customer supplier database: Stay on top of your suppliers with updates due to market events as M&As and brand changes that will be carried across all Sievo customers
- Easy in-app feedback: Get full visibility on the parenting changes and if needed, easily request a change through the built-in tool
- Sievo Supplier Experts: proactively ensure the database stays up-to-date, incl. validate and implement reparenting feedback provided by you and users across Sievo customers
De-duplicate 6-23% of your materials without any manual work
Optionally, Sievo’s AI-powered Material Harmonization enables you to find the best price with harmonized material visibility.
- Enables a single source of material truth
- Further improves the classification accuracy
- Get visibility to single-, dual-, and multi-sourced materials within each category
Ideal for material-heavy industries e.g., FMCG, Manufacturing
High quality procurement data should be used by the whole enterprise
We had no idea how fragmented our spend was until we saw it in one place. One supplier had 12 different payment terms across multiple countries and procurement categories. That was insane.
Agnieszka Chudek-Verdoold, PMO at Biscuit International
Get maximum savings with industry’s highest data quality in world-class analytics
