Insights

Fastest time-to-value procurement analytics for large enterprises

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

Get one-pager

 

 

 

Trusted by

Mondelez logo
carlsberg-logo
iss-logo
deutsche telekom
schindler-logo
Coca-Cola_Femsa_Logo
Hikma-logo
levis-logo
Media Resources - Mars Wordmark RGB Blue_2

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 $15-55M on every $500M of spend every year because of missed opportunities

You cannot capitalize on opportunities due to lack of visibility to external data affecting your performance

brain icon

Data classification and consolidation

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.

savings icon

Increased cost savings

Generate average of $20M incremental savings for every $1B analyzed with Sievo’s powerful insights delivered at your fingertips. Easily discover high-value opportunities, from cost reductions and optimizing cost-to-emission ratios to working capital improvements and managing tail spend.

data clarity icon

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.

Learn why you should switch to Sievo.

This guide uncovers the intricacies of procurement analytics, providing a clear comparison between in-house solutions & specialized BoB software like Sievo.

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.

Spend-Overview-DB

Make high-impact decisions based on reliable data

  • Sievo integrates with any data source, making it ideal for large companies with complex procurement landscapes.

  • Sievo ensures end-to-end data accountability, managing data extraction, cleansing, classification, harmonization and enrichment, to deliver actionable insights.

  • You maintain control with our reclassification, reparenting and approval features. 

analytics

Harness the power of the largest database in procurement analytics

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

  • 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.

“

I can’t believe how inefficient we would be if we had not implemented Sievo as a procurement analytics solution and, hereby, as a single point of truth a few years back. I get around 20 questions from our leadership about spend figures, now it takes me like 15 seconds to find the information.

Stephan Schulte Head of Procurement Steering & Analytics

“

If anybody needs to know what our saving pipeline is, they can simply log into Sievo. We no longer need to reconcile spreadsheets and run meetings upon meetings to know how we are performing. This is the number one behavioral change we have landed – just dive into the system, have the conversation with live data, and focus on how we drive value together.

Sam de Frates Global VP Commercial Performance, Capabilities & Services

“

Having visibility on our spend really helped us to formulate plans either to mitigate risks or create opportunities and leverage our strength, with the ability to react quickly by having access to data and being able to visualize data - and not having to rely on manual accumulation of info or spreadsheets that are a million miles long.

Darren McGrath Global Chief Procurement Officer

my-scope

Maximize ROI and user adoption

  • Attain high ROI with a solution that delivers savings and procurement efficiencies, without burdening IT or other resources in continuous use

  • 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

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

initiatives

Capture more savings with less effort

  • Sievo delivers actionable and highly personalized insights to enable users make decisions quicker, by automating time-consuming analysis while digging deep under the surface across the entire data landscape
  • Close the data-to-action gap by driving more impactful action, with AI-powered automations for capturing savings, emailing suppliers or streamlining initiatives for the most valuable opportunities.

Unlock data-driven procurement excellence

Sievo holds end-to-end data responsibility of your data

Extract & Cleanse

  • Sievo can extract from all systems

  • 1060+ data sources connected

  • 2700+ active integrations

Extraction logos

 

Integrate & Connect

  • Unlimited third-party source connections

 

 

Enrichment logos

 

Enrich & Harmonize

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

Payment term recommendations, new supplier discovery, price indexes and more delivered through Sievo’s cross-customer Community Data.

SLA guaranteed 98%+ classification coverage & 94%+ accuracy at deepest granularity feasible

 

Explore Integrations

360° view of your Spend, Categories and Suppliers

pictogram-savings-lifecycle

Spend Analytics, Savings, Delivery Performance & Contracts

 

leaf icon

CO2 Emissions &
SBTi Targets, Supplier Risk, Sustainability & Diversity

 

pictogram-spend-analysis


Initiative Management & Realized Savings Measurement

 

pictogram-materials-forecasting-png

Market Benchmarks,
Budgeting & Forecasting 

 

Designed to learn and improve over time, using powerful AI, Sievo improves 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.

opportunity

Thousands of own analytics charts and dashboards to fit your needs

initiatives

AI-powered personalized Insights with automated actions

project

Globally streamlined real-time savings and sustainability initiatives

rsm

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

 Sievo has the solutions 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

Learn more from our customers

Closing the data-to-action gap

"We had a lot of PowerPoint and Excel spreadsheets flying around the world. This was hugely draining and distracting us from actually going after the value. We needed to put in one streamlined, simple and globally connected process for planning our savings pipeline and proactively managing it."
- Sam de Frates, Global VP Commercial Performance, Capabilities & Services, Mars

Explore Case Study

Carlsberg Group

Carlsberg, the leading global brewer, has worked with Sievo for almost a decade. Starting with savings tracking, our collaboration now includes Spend Analysis and Spend Forecasting to support Carlsberg Group’s international portfolio of beer and other beverage brands with a wide use of procurement analytics across supply chain, finance and procurement.

Explore Case Study

Frequently Asked Questions (FAQs)

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.

 

Procurement AI

Automate repetitive analytics and shift focus on strategic initiatives

Empower your procurement team to make better decisions, faster - with Sievo's powerful AI across all its solutions.

Learn more about Sievo AI

Sievo Insights

Elevate your procurement impact and 10x your value delivery

Get automatically surfaced recommendations from your entire spend landscape - from high-value opportunities to previously unexplored avenues like tail spend.

Learn more about Sievo Insights

Sievo_Top Tech Score_Spend Matters_3x

Ranked #1 Spend Analytics by Spend Matters, two 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.

Read more here

Ready to see Sievo Procurement Analytics in action?

 

Get in touch