INDIRECT PROCUREMENT
Gain measurable savings, enforce compliance, and lower emissions. Powered by AI-driven classification, automated opportunity identification, and built-in benchmarks.
Indirect procurement is essential for business operations and driving cost efficiencies. Yet, enterprises often struggle with decentralized, ad-hoc purchasing spread across teams, poor data quality, manual processes, misclassified spend, and generic reports. This lack of visibility and control causes maverick spend, non-compliance, and missed savings - making it difficult to steer indirect procurement towards strategic priorities like savings, operational efficiency, and sustainability.
Sievo unifies indirect spend data from multiple systems into a single source of truth, using best-practice category classification, supplier normalization, and proven taxonomy refined across global customers with dominant indirect spend. We guarantee the industry’s highest data quality, powered by AI and backed by experts.
Manage initiatives, achieve savings, and demonstrate value across all indirect categories with Sievo. We surface automated opportunities - from cost reductions and working capital improvements to optimized cost-to-emission ratios and tail spend management, delivering financial and holistic impact across your organization.
Sievo delivers a 360° view of indirect spend by combining internal data with third-party data, public data and benchmarks from cross-customer aggregated data. Uncover supplier and category insights to strengthen governance and compliance while improving efficiency and sustainability.
Sievo automatically extracts and unifies all your internal transactional data and master data from ERPs, P2P systems, data lakes, and other procurement systems - regardless of process decentralization.
Sievo manages the entire data extraction process, delivering fast, automated, secure, and reliable unification from all sources - freeing teams from manual data work.
Gain complete visibility into previously hidden indirect spend patterns with Sievo's tailored classification across multiple data points like item names/descriptions, GL accounts, cost centers and supplier metadata.
Trained on procurement data equivalent to 2% global GDP and refined by 20+ years of expertise, Sievo’s AI-driven classification delivers industry-leading coverage, accuracy and granularity.
Execute precise sourcing strategies with a robust taxonomy that adapts to your organization while leveraging global best practices - enabling the granular visibility needed for proactive category management across all functions.
Gain full visibility into your supplier landscape: Sievo automatically maps, maintains, and updates supplier data to parent organizations using AI algorithms trained on 100M+ supplier mappings expertise, Sievo's supplier database, Dun & Bradstreet, and expert curation.
A 360° supplier profile: Equip buyers with a single, enriched view of each supplier, unifying savings opportunities, ongoing initiatives, and curated public data to enable faster, better sourcing decisions.
Sievo enriches internal data with all the third-party sources you need - market and category indexes (e.g. energy, freight), supplier risk ratings, sustainability and diversity metrics, and CO2 emissions data.
Leverage Sievo peer benchmarks, powered by procurement data covering 2%+ of global GDP spend to compare your performance on prices, payment terms, and other key metrics.
With indexes available for indirect categories, you can quickly see where you lag and act with clear, actionable recommendations.
Uncover actionable opportunities within your indirect spend, from cost savings and supplier optimization to working capital improvements, flagging maverick spend, and more.
Leverage our aggregated cross-customer price indexes to power negotiations in categories with low market price visibility including MRO and packaging.
Decide faster with Sievo IQ - a conversational assistant that delivers instant answers to procurement and indirect spend stakeholders, from category spend breakdowns and supplier change analysis to trend identification and outlier detection.
Turn analysis into action instantly: trigger guided actions in one click to capture savings, email suppliers, or assign tasks directly from an insight.
Accelerate your savings pipeline: Manage indirect savings initiatives at scale in one hub, with automated approval workflows and collaboration tools for real-time visibility and accountability across decentralized business units.
Track and report beyond cost savings, including non-financial initiatives such as process improvements and decarbonization, using finance-aligned data to show full strategic impact.
Eliminate process inefficiencies and reduce operating costs. Benchmark invoice and PO values across business units to pinpoint inefficiencies and identify opportunities to consolidate low-value transactions.
Unlock working capital with AI-powered payment term optimization. Expose inconsistencies across business units, model financial impact of changes, and leverage Sievo’s cross-customer payment term recommendations to drive negotiations.
Rationalize supplier base with automated tail spend identification - uncover spend with smaller, non-preferred suppliers across indirect categories to drive consolidation.
Detect maverick spend and enforce process compliance across buying channels. Flag unexpected non-PO spend, identify maverick purchasing that bypass controls, and detect subtle policy violations used to avoid approval thresholds.
Manage supplier risk with 360° visibility. Monitor ongoing supplier risks including reputational, financial, cyber, and privacy. Flag new suppliers, get early warnings from supplier headcount changes, and source lower-risk alternatives.
Achieve audit-ready compliance with no manual work. Sievo delivers the most accurate Scope 3 calculations using spend, quantity, material, and supplier-specific data, aligned with major reporting frameworks.
Accelerate decarbonization with AI-powered insights. Sievo automatically identifies emission hotpots and surfaces decarbonization opportunities across all spend, including complex indirect service categories.
Take action to reduce supply chain emissions: Move from insight to action in one click by creating emission reduction initiatives. Plan, track, and report progress against emission targets and other critical non-financial goals in one place.
processed annually
(30-40% is Indirect spend)
collected and enriched by Sievo AI
processed across customer base
processed annually across Sievo’s analytics solutions
in procurement
analytics
realized, factoring both internal and external costs
per $1B spend analyzed on average
in Procurement Analytics with
an AI-dedicated team
“Opella leveraged Sievo to reach 87% PO coverage, cutting maverick spend by 43% in one year.“
Marie-Pierre Goyenetche Chief Procurement Officer at Opella (Sanofi Consumer Healthcare)
Empower your indirect procurement teams to eliminate inefficiencies, consolidate tail spend, drive compliance, and unlock hidden savings across every category and business unit - no matter how diverse and decentralized your spend landscape is.