PROCUREMENT LEADER’S ADVANTAGE WITH SIEVO

Get maximum savings with procurement analytics & reliable data that delivers 63x ROI 

Become the champion of Procurement Excellence with best-in-class data, analytics, AI, and services to meet the growing Procurement mandate

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Stop gambling with your bonuses

Procurement is under constant pressure to deliver more savings at a faster and more impactful rate while forced to keep the same headcount and operating budget. It’s no surprise that, like many enterprises using in-house tools, you have realized you’re not meeting your savings targets and the chaos in-house analytics bring.

 

 

Proven by the Hackett Group, Sievo will accelerate your ROI

$20M
incremental savings of every $1B analyzed

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63x ROI
factoring both internal & external costs

Icons with blue-96

80%
purchase cost reduction improvement

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$165k
resource savings on top of post-implementation savings

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Capturing savings or gathering data, where do you want to focus?

 

Without Sievo

With Sievo
n

Incomplete data visibility

Critical decisions are based on unreliable data

Limited integrations to some external data

Own data responsibility, no quality guarantees

Users have to manually find insights from data

No guidance on what to do after finding insight

Stuck in data gathering, viewed as administrative

Hidden, high costs from manual processes and errors

Complete data visibility

Critical decisions are based on reliable data

Unlimited integrations to all external data

End-to-end data accountability & quality guarantees on Sievo

Sievo surfaces insights proactively

Guided actions are suggested within each insight

Focuses on value creation, recognized for their impact

Fixed annual subscription costs, no hidden fees

Total return
on investment

procurement-unknown-low-roi

 
procurement-leaders-roi63x

 

 

Free up your Procurement resources

Don’t spent it on the endless data chaos, manual work, and triple-checking numbers 

 

 

 

Maintain control while Sievo takes over the responsibility

Sievo commits to ever-improving data quality for greater Procurement value

Awarded for multiple years by SpendMatters, Sievo has the best data management capabilities in the industry. Not only is Sievo the only procurement analytics provider that takes end-to-end data accountability, we also continuously improve our capabilities. Meaning, you can focus on capturing savings while Sievo relieves you from the endless procurement data and analytics complexities and continuously improves the data quality output.  

data management process procurement leaders

Base critical decisions on a 360° view of your supply chain

Gain the full view of your Spend, Categories, and Suppliers in a single procurement analytics solution

  • INTERNAL DATA
  • THIRD-PARTY DATA
  • CURATED PUBLIC DATA
  • COMMUNITY DATA

Automated data extractions for all your data sources, ERPs, data lakes, and more

 

  • No manual work: Sievo extracts data automatically from all your data sources regardless of its quality, data set size, complexity or location
  • Continuously reliable: No data errors and no delays, get a single source of truth that is refreshed every month/week
  • No more data chaos: Focus on data-driven insights instead of data aggregation, let Sievo’s end-to-end data accountability handle the data complexities
SINGLE SOURCE OF TRUTH

All third-party data in one platform to build a sustainable, diverse & resilient supply chain

 

  • Leverage Sievo’s out-of-the-box third-party enrichments or scale as you need
  • Sievo can automatically connect your data with unlimited third-party data providers to help you e.g., find at-risk suppliers, reduce emissions, report supplier’s CSR performance, increase diverse spend, benchmark accurately, and more.
UNLIMITED 
THIRD-PARTY DATA.png.png

Public data curated for each of your suppliers for better decision-making

 

  • Powered by AI: get curated summaries and supplier details for all your suppliers and see how each supplier is performing in the market, e.g. their ownership type and key competitors.
  • SBTi targets: without any manual work, see the status of each of your supplier’s emission reduction targets
  • Understand your negotiation power (coming soon): Leverage key public supplier info in relation to your spend data such as revenue, revenue relevance, and more.
CONTEXTUAL SUPPLIER INFO

Proprietary insights & benchmarks derived from aggregated & anonymized cross-customer data

 

Processing 2%+ global GDP annually, Sievo has the largest database in procurement analytics and leverages this for unique community-based insights, that companies cannot obtain on their own, such as:
  • Payment terms recommendations & benchmarks to enhance working capital
  • Category & material price indexes to benchmark price development and identify renegotiation opportunities
  • Supplier discovery within Sievo community to identify transaction-validated alternatives for sourcing opportunities
2%+ GLOBAL GDP PROCESSED ANNUALLY


Eliminate the risks of a cobbled-together tool, start driving your Procurement Excellence with Sievo

 

Capture all savings

without the manual work

 

90% time-savings

in data preparation & analysis

 

Easily scalable

to meet the growing Procurement Mandate

Fastest

time-to-value

 

Largest R&D

in procurement analytics

 

2%+ Global GDP

cleansed & managed annually

 

Exceed your competition with Sievo’s world-class analytics

 

“Top performing companies go beyond descriptive analytics and leverage diagnostic, predictive, and prescriptive analytics.”

the hackett group

Sievo’s customers do not just see what they spent in the past, but also understand what might impact their future spending and what actions they should take.

Descriptive & Diagnostic Analytics

While most in-house tools succeed at backwards-looking analytics (descriptive analytics), they fall short at defining relationships between drivers and outcomes (diagnostic analytics). Our world-class analytics and best-practice dashboards, enriched with Sievo Community Data, Curated Public Data, and all essential third-party data, enable Procurement to understand the root causes, correlations and reasons of your spend and its outcomes.

procurement-leaders What did we spend

 

Predictive Analytics

Sievo predicts future values using historical data through our advanced predictive analytics capabilities like Sievo IQ, Sievo Insights, What-if Scenario, and Payment Term Simulation enable Procurement to effortlessly identify savings opportunities and make proactive data-driven decisions.

procurement-leaders What saving opportunities are there

 

 

Prescriptive Analytics

To suggest an action that will improve the future outcome, Sievo’s intuitive prescriptive analytics such as Insights Hub and Automated Actions recommends guided actions. This not only improves Procurement’s decision-making, but also enhances process efficiency and reduces costs.

procurement-leaders How do we capture each saving

 

Capture savings faster with procurement-focused AI

 

AI is only impactful for Procurement when it meets the growing procurement mandate

Unlike in-house tools where capabilities are generalized to fit the wider company’s needs, Sievo develops AI solutions with Procurement needs in focus. On top of that, our AI capabilities are trained on the 2%+ global GDP that we process annually. We strive for co-development that fuels your AI strategy with transparency, compliance and real-world impact.

AI strategy

 

“

With Sievo, Barry-Wehmiller effectively enhances its savings by 20%.
Without Sievo, you won’t be able to pursue cost savings effectively. I believe you would lose at least half of your ability to implement those savings successfully.

Nicholas Detrych

Nicolas Detrych, Vice President, Global Commodity Leadership at Barry-Wehmiller

“

90% time saved & double-digit million savings.  What used to be an hour of work, now takes five minutes. The gained visibility allowed us to increase its average payment terms by 7 days, generating double-digit million savings. 

Angel Simeonov

Angel Simeonov, Expert Procurement Excellence at MediaMarktSaturn

“

Doing more with less: 87% PO coverage, 43% reduction in Maverick Spend
Managing our entire analytical platform with just three people drastically reduced our operational overhead and showcases Sievo’s efficiency.

DIMAS SURRIBAS

Dimas Surribas,  Manager, Digital Procurement at Opella

“

From day one, Sievo was our single source of truth. Now, we like saying if it's not in Sievo, it doesn't exist.

Josh Tuller

Joshua Tuller, Director Procurement Reporting & Analytics at DSM-Firmenich

Ensure success with our expertise & best practices

Sievo is not just an analytics provider, we are a reliable, strategic partner with 21+ years of experience. It’s no surprise there are customers that have stayed with Sievo for nearly 2 decades - and are still with us today.

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Sievo Customers Satisfaction Average 2x/year survey

Dedicated Account Team

No need figure it out on your own. Sievo’s devoted account team consults Procurement at every phase of the maturity journey with industry best practices.

Continous Co-development

Don’t make critical decisions with generalized in-house capabilities. Sievo’s transparent product roadmap enables idea-sharing and feedback loops with our customers.

Finance, Sustainability, & IT

Don’t work in silos. Collaborate seamlessly through Sievo solutions that also meet Finance and Sustainability requirements. Plus, make data-driven decisions independently instead of burdening IT. 

Onboarding & Training

Don’t waste money on learning materials. All Sievo users are equipped with certifications and learning paths. Sievo Academy hosts live trainings and is constantly updated with latest releases.

User Management & Unlimited Access

Release users from endless self-help resources. Sievo gives everyone access to make data-driven decisions and guarantee a response time of one business day for any service requests.

Sievo’s Growing Ecosystem

No separate buying process or costly technical expertise needed. Sievo’s growing ecosystem connects you to the third-party data integrations, sourcing tools or consultancies you need.

 

 

 

Sievo top tech score spend Matters badges

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

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

roi-calculator

Let’s calculate your maximum savings potential with Sievo

Developed with the Hackett Group, Sievo’s ROI calculator is based on 6 savings levers:

  • Category data improvement
  • Material & supplier data improvement
  • Best-in-class savings levers & Insights hub
  • Automated actions & alignment
  • Data & IT resource redeployment
  • Resource efficiency savings & focus on value-adding actions

Interested to find out how each lever can help you save costs and resources? Fill out the form and we'll be in touch.

Get in touch