Maximize savings & cost control across your direct spend

Unify data from all your sources in one place

• Sievo automatically extracts and unifies all your internal transactional data (invoices, payments, purchase orders, etc.) and master data (materials, vendors, purchase info records, BOMs, demand forecast, etc.) from all ERPs, MRPs, data lakes, and procurement systems.

• Sievo manages the entire data extraction process, delivering fast, automated, reliable, and secure data aggregation from both on-premise and cloud sources - freeing your team from manual data work.

Clean and reliable data regardless of your original data quality

• Sievo standardizes and consolidates your material master data, de-duplicating 6-23% of your materials - unlocking savings and reducing supply chain risk by identifying single-sourced or multi-sourced materials

• Ensure global price transparency by harmonizing data across all systems including automated translation of material descriptions, currency rate conversion and UoM standardization for accurate price variance analysis

• Translate raw material costs into end-product’s profitability insights by mapping spend data to BOMs, enabling effective COGS analysis and reliable financial forecasting.

Discover your true purchasing power on global and local level

• Instantly see who and with how many you have contracts with - Sievo automatically maps your ERP suppliers to parent organizations. Proactive updates on M&As and market changes - powered by AI, 100M+ supplier cross-customer database, Dun & Bradstreet data and expert curation.

• Gain a 360° supplier view: Access a comprehensive profile for each supplier that unites internal data, external intelligence, actionable recommendations, and ongoing initiative tracking - all in one place.

Informed sourcing for high-quality materials from the most suitable suppliers

• Sievo enriches internal data with all the third-party sources you need - market price indexes, emissions data, supplier risk, diversity, and sustainability metrics - providing full context for every sourcing decision.

• Leverage Sievo’s cross-customer Community Data, based on 2%+ global GDP spend data analyzed annually for aggregated peer benchmarks and actionable recommendations on payment terms, price indexes, and other performance metrics.

Learn more about Sievo Integrations >

Ensure competitive pricing by benchmarking against the market

• React swiftly to market fluctuations: Compare your prices and cost structures to real-time market price indexes (commodities, energy, and labor) to quickly spot and respond to risks and opportunities as market conditions change

• Gain unique negotiation power with Sievo Price Indexes - our aggregated cross-customer benchmarks. Automatically linked to your granular material transactions, they benchmark purchase prices against the corresponding indexes at material/category level to identify immediate negotiation opportunities.

Streamline direct material budgeting & forecasting through agile planning

• Agile, fact-based forecasting: Use AI-powered modeling and real-time market indexes to predict price changes at supplier-level granularity, delivering reliable, forward-looking cost projections.

• Full year visibility: Gain a continuous, consolidated view of your financial outlook by seamlessly combining historical actuals with updated forecasts.

• Proactive scenario simulation: Stress-test budgets against market volatility. Compare “what-if” scenarios and forecast Purchase Price Variance to manage risk and protect margins.

• Unified source of truth: Align Procurement and Finance through a shared view of future spend, supported by built-in auditability and change logs.

Learn more about Direct Material Budgeting & Forecasting >

Secure supply continuity with predictable and high-quality supplier delivery

• Gain real-time visibility into all purchase orders and OTIF performance to identify delivery risks early and secure reliable supply across suppliers, categories, and regions.

• Strengthen supplier discussions with trusted insights on delivery performance, claims, and late deliveries to collaboratively improve service levels. Compare suppliers against their peers for more informed selection decisions.

• Increase efficiency across the order-to-delivery process: Pinpoint inefficiencies across the purchasing lifecycle such as long lead times and delivery deviations to drive continuous improvement.

Safeguard supply for your most critical materials through complete supplier risk visibility

• Gain complete visibility into supplier risks to reduce vulnerability: Identify single-source dependencies, and track risk across every level - supplier, category, material, business unit, country, and more

• Source smarter with ready-to-go alternatives in your existing supplier base, and prioritize actions with suppliers grouped and scored by risk types (financial, geopolitical, legal, etc)

• Instantly uncover high-risk spend across direct materials: Protect continuity and quality with automated detection of unvetted suppliers. Act early on signals like supplier headcount changes, and proactively address high-risk, high-impact suppliers and categories prioritized by AI.