PA Header Image

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

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.

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 make the switch to Sievo.

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.

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 fast decisions based on reliable data

  • 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.

supplier 360

Harness the power of the largest database in procurement analytics

  • 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.

my scope in Insights

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.

Insights to 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 and cleanse

  • Sievo can extract from all systems

  • 1060+ data sources connected

  • 2700+ active integrations

Extraction logos

 

Integrate and connect
  • Unlimited third-party source connections

 

 

Enrichment logos

 

Enrich and 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

360° view of your Spend, Categories and Suppliers

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

Initiative

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 71

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

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.

Case Study
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 >

Ranked #1 Spend Analytics by Spend Matters, two times in a row

 

Spend Matters Top Tech Score badge 2024

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