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Procurement analytics software with the fastest time-to-value

Make informed decisions faster - capture all actionable insights to drive bottom-line savings, reduce emissions, and streamline budgeting and forecasting.

Building your own analytics solution costs you more than you think

You make critical business decisions too slowly, relying on poor-quality data

You waste $20M savings per $1B of spend because of missed opportunities

You cannot make informed decisions due to lack of procurement visibility

Your advantage with Sievo

Get Report: Sievo vs. In-House Tools

 
1

The industry's best data quality & spend unification

Sievo guarantees 94% AI-powered classification accuracy and 98% coverage at the deepest granularity feasible. Ensuring end-to-end data accountability and providing actionable insights you can trust, Sievo helps you focus on strategic initiatives.

2

Increased cost savings

With Sievo you can generate $20M incremental savings for every $1B analyzed. Leveraging automated insights, easily discover high-value opportunities, from cost reductions and optimizing cost-to-emission ratios to working capital improvements and managing tail spend.

3

Complete view of your supply chain

Sievo provides a 360° view of your supply chain, integrating spend data with benchmarks and analytics. This enables you to assess performance, improve, and benchmark against market standards, ensuring a more transparent, efficient, and resilient procurement process.

360° view of your Spend, Categories & Suppliers
in a single Procurement Analytics solution

  • Spend Analytics & Insights
  • ESG Analytics
  • Procurement performance management
  • Financial Planning & Analysis

Spend Analytics

Maximize procurement savings with actionable insights you can trust. Transform spend data into savings with Sievo's Spend Analytics software. Gain 63x ROI with actionable insights based on data you can trust.

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Market Benchmarking

Benchmark your purchase prices against market price development

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Supplier Risk Analytics

Build a resilient supply base and partner with compliant suppliers

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PO Analytics

Gain visibility in PO commitments, invoiced spend gaps & compliance

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Payment Terms

Capture every working capital improvement opportunity

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Contract Compliance

Increase contract coverage to tackle maverick spending

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CO2 Analytics

Decarbonize your supply chain without the manual work

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Sustainability

Engage with sustainable suppliers by tracking their CSR performance

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Diversity

Improve supply chain resilience by increasing your diverse spend

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SBTi: Supplier Emission Reduction Targets

Track suppliers’ climate actions to reduce your Scope 3 emissions

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Initiative Management

Achieve 50%+ faster delivery of savings and procurement impactGain complete visibility and control over your savings pipeline, while managing the entire initiative lifecycle from idea, to execution and reporting.

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Direct Materials Budgeting & Forecasting

Unlock agility and cost control with automated forecasting

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What-if Scenario Simulation

Assess the impact of different events on your future spend

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Close the data-to-action gap with Sievo

Enable your procurement, finance and sustainability teams to drive savings, initiatives, budgeting and forecasting, and build a sustainable, resilient and diverse supply chain with high-quality and high-volume data. Sievo provides user-friendly analytics, powerful insights and recommendations – all in one hub.

Make high-impact decisions based on reliable data

Seamless Integration

Integrate with any data source or procurement system, ideal for companies with complex data landscapes.

Unmatched Data Accuracy

Benefit from end-to-end data accountability, where Sievo is managing data extraction, cleansing, classification, harmonization and enrichment, to deliver actionable insights.

Actionable Insights, Full Control

Maintain control with Sievo’s reclassification, reparenting and approval features.

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Sievo guarantees 94% AI-classification accuracy and 98% coverage at the deepest taxonomy level feasible.

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Tap into the largest database in procurement analytics

One Connected View of Your Supply Chain

Sievo makes it easy to get a complete view of your supply chain by combining your internal data with curated public data, trusted third-party data and Sievo Community Data.

Turn 360° Spend Visibility into Action

With this 360° view of your spend, select the most suitable suppliers, negotiate better terms, reduce carbon emissions, mitigate risks, ensure a diverse and continuous supply, and much more.

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Sievo processes spend data equal to over 2% of the global GDP annually

Capture more savings with less effort

Automate the Heavy Lifting in Data Analysis

Sievo automates time-consuming analysis, digging deep under the surface across the entire data landscape

Streamline Actions to Maximize Impact

Drive more impactful action, with auto-generated supplier emails, initiate autonomous negotiations or drive savings and emission reduction forward with initiatives.

Improve procurement agility with Sievo IQ

Sievo IQ lowers the barrier for advanced spend analytics. It’s not "another" AI chatbot or tool; it's a complete paradigm shift in how you interact with procurement data. Sievo IQ combines AI speed and human understanding to help you make more decisions, faster.

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With Sievo, you can achieve 80% improvement in purchase cost reduction.

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Maximize ROI and user adoption

Attain 63x ROI

Achieve savings and procurement efficiencies, without burdening IT or other resources in continuous use

Drive User Adoption and Results

Ensure high user adoption of your solution to achieve your savings goals, supported with adjustable self-service analytics and guided specialized learning center including certifications

Onboard fast

With Sievo’s user friendly interface, get started quickly and easily with high-quality analytics while maintaining a future-proof setup.

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Sievo delivers 63x average ROI factoring both internal and external costs.

Extract & Cleanse

Sievo can extract from all systems1060+ data sources connected
2700+ active integrations
Relevant public supplier data

Integrate & Connect

Unlimited third-party source connections
Relevant public supplier data

Enrich & Harmonize

2%+ global GDP spend equivalent
11BN+ rows of transactions
9.5M+ material codes

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SLA guaranteed

98%+ classification coverage

94%+ accuracy

deepest taxonomy level feasible

Explore Integrations

Sievo has the solutions, services and the data you need for procurement success

2%+ Global GDP

spend data equivalent processed annually

100+ mil. ERP Suppliers

collected and enriched by Sievo AI

0.2% Global CO2 emissions

processed annually across Sievo's analytics solutions

Largest R&D Budget

in Procurement Analytics with an AI-dedicated team

10+ years

average duration of customers' relationship with Sievo

NPS 63

implementation score on a
scale of -100 to 100

One solution, many superpowers

Designed to learn and improve over time, using powerful AI, Sievo enhances the data quality and offers increasingly relevant insights and recommendations based on users' actions, driving more value at a higher scale across all its products.

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Thousands of own analytics charts and dashboards to fit your needs

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AI-powered personalized Insights with automated actions

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Globally streamlined real-time savings and sustainability initiatives

RSM

Up-to-date visibility to your savings realization with full details

INDUSTRY LEADER

Ranked #1 Spend Analytics by Spend Matters, four times in a row

Sievo’s end-to-end data responsibility (extraction, cleansing, enrichment, harmonization, and classifications), software updates, maintenance, account support, certificates & onboarding materials are all included in Sievo’s subscription.

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Ready to see Sievo Procurement Analytics in action?

Book a personalized demo and discover why world's largest enterprises trust Sievo for procurement analytics.

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Frequently asked questions

What’s the difference between spend analytics and procurement analytics?

Spend analytics is a subset of procurement analytics. It focuses primarily on analyzing historical purchasing data to identify savings opportunities and understand spending patterns. Procurement analytics encompasses this, but also extends to forecasting, risk management, supplier evaluation, compliance tracking, and ESG monitoring. Sievo provides both, offering predictive insights and supplier benchmarking alongside spend analytics.

What kind of savings and ROI can enterprises expect with Sievo?

The Hackett Group validated that enterprises using Sievo realize an average 63× return on investment, factoring both internal and external costs. Additionally, organizations reported an 80% reduction in purchase costs after adopting Sievo's analytics capabilities.

What makes Sievo different from building an in-house analytics solution?

Building an in-house solution often leads to slower decision-making, poor-quality data usage, and higher hidden costs. Sievo offers a faster time-to-value, reduced burden on IT resources, and continuously improves with a future-proof AI-driven architecture.

Why is supplier visibility important in procurement?

A 360° view of supplier data helps mitigate risk and improve continuity. Sievo supports this by enriching internal data with benchmarks and community insights, covering over 100 million suppliers globally.

How does procurement analytics support sustainability and diversity goals?

It provides the data infrastructure to measure emissions, track SBTi target alignment, monitor supplier certifications, and map diversity metrics. In Sievo's case, these capabilities are integrated into supplier and category analytics to support both compliance and goal setting.

Can procurement analytics improve budgeting and forecasting accuracy?

Yes. By analyzing historical trends, supplier price behavior, and market indexes, procurement analytics supports more accurate material cost forecasting and spend planning. Procurement analytics platforms like Sievo combine internal transaction data with external indexes and should-cost models to improve procurement's input to financial planning.

Top featured resources

In-House Procurement Analytics vs. Sievo

In this essential guide, we delve into the intricacies of procurement analytics, providing a clear comparison of software like Sievo and in-house solutions.

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SpendMatters Top Tech and Customer Value 2026

Sievo Spend Analytics ranked as #1 Procurement Technology 5x in a row & highest customer value! 

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eBook: AI in Procurement

An executive’s view of the background, reality and possibilities of AI - without the hype.

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Webinar: Navigating the Build vs. Buy Decision

In this webinar featuring industry experts from Hackettgroup, Mondelēz and Sievo, we dive into the crucial Build vs Buy debate in procurement analytics.

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