Make informed decisions faster - capture all actionable insights to drive bottom-line savings, reduce emissions, and streamline budgeting and forecasting.
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
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.
Sievo delivers powerful insights and recommendations at your fingertips. Generate 3-11% savings by easily discovering high-value opportunities, from cost reductions and optimizing cost-to-emission ratios to working capital improvements and managing tail spend.
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.
In this essential guide, we delve into the intricacies of procurement analytics, providing a clear comparison between in-house solutions and specialized BoB software like 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.
Sievo integrates with any ERP, data lake, external data source, and procurement system, ideal for large companies with complex procurement landscapes.
With the industry's highest AI-powered classification guarantee for accuracy, coverage, and deepest granularity feasible, Sievo ensures end-to-end data accountability.
Sievo manages data extraction, classification, harmonization, enrichment, and cleansing, delivering actionable insights, while you maintain control with our reclassification, reparenting and approval features.
Sievo’s proven capability to enrich internal data with relevant third-party and Sievo Community Data—processing spend data equivalent to over 2% of global GDP annually—provides a 360° view of your supply chain.
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
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.
Sievo holds end-to-end data responsibility of your data
Sievo can extract from all systems
1060+ data sources connected
2700+ active integrations
Payment term recommendations, new supplier discovery, price indexes and more delivered through Sievo’s cross-customer Community Data.
Thousands of own analytics charts and dashboards to fit your needs
AI-powered personalized Insights with automated actions
Globally streamlined real-time savings and sustainability initiatives
Up-to-date visibility to your savings realization with full details
spend data equivalent processed annually
collected and enriched by Sievo AI
processed annually across Sievo's analytics solutions
in Procurement Analytics with an AI-dedicated team
average duration of customers' relationship with Sievo
implementation score on a
scale of -100 to 100
"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
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 StudyEmpower your procurement team to make better decisions, faster - with Sievo's powerful AI across all its solutions.
Get automatically surfaced recommendations from your entire spend landscape - from high-value opportunities to previously unexplored avenues like tail spend.
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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