Do you have a different perspective on savings than your colleagues in finance? Do they use different terminology or do you find it difficult to find a common language?
Sievo offers the most comprehensive savings lifecycle management solution from Savings Program Management to Realized Savings Measurement.
Find out how you can align key stakeholders in our most popular guidebook with over 10,000 readers “Procurement Loves Finance.”Read Guidebook
Many procurement organizations welcome transparency, but lack the tools and processes to track savings programs from idea to approval.
With Sievo’s Savings Program Management solution you can identify, track and collaborate on savings programs across your organization.
Find out how you can manage a savings pipeline efficiently from individual projects all the way up to savings project portfolios shared by global procurement organizations.See Case Study
Even leading procurement organizations may find it hard to align procurement savings to financial statements. Are you looking for a way to remove the guesswork?
Sievo’s Realized Savings Measurement solution takes the guesswork away from procurement performance management.
See how you can realize savings and prove procurement contribution in a way finance can trust.See Video
Effective communication is key to any relationship. When the terminology and objectives used by procurement and finance are not aligned, communications breakdowns can occur.
At Sievo we created the concept of the SavingsBridge™ to align procurement’s performance to standard financial practices recognized by finance in the language used by finance.
SavingsBridge™ aligns terminologies and isolates non-controllable drivers from procurement performance. This opens the path to impacting bottom line performance and a clear and transparent focus on improving profitability.
Sievo’s Savings Program Management helps in collecting all your savings ideas across the organization, managing the savings initiatives from idea to completion and tracking savings performance in real-time and on a global basis.
It is a workflow tool that supports your business process, making sure that all the initiatives are implemented with jointly agreed principles and follow the steps of a collaborative approval process.
With Sievo’s Realized Savings Measurement you remove the guesswork.
Progress throughout savings projects is easily captured based on actual spend and reported in intuitive and intelligent dashboards. Powerful analytics gives up-to-date visibility to your savings realization with full details when needed.
Procurement and finance work together towards the same set of targets, have one shared version of the facts and figures to discuss on, and the ability to deliver results in efficient and transparent way.
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.Case Study
"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
The primary way that Sievo has enabled us to grow is the transparency - so actually having visibility on how you spend your money and how you do your savings tracking. The other, and more untangible, way is how you up the dialogue with your suppliers by having better knowledge internally.Watch Video
In this webinar, see how to manage your procurement savings from idea to cash and drive more realized savings that are recognized by finance. Sievo's best product experts share an overview of the solution for managing savings.Watch webinar
Find out how you can use SavingsBridge™ to connect procurement savings to financial goals and measurement.Read Article
Prove procurement contribution to finance with love and hard data. Our most popular guidebook with 10,000+ global readers!Get Guidebook