Your own analytics solution costs you more than you think
Sievo helps companies like Mondelez, Mars, and Levi’s maximize their procurement data's potential.
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Reach targets without the data chaos and time-consuming tools
For our customers, it used to be an everyday struggle to reduce cost while ensuring supply continuity. Companies using in-house procurement analytics tools were spending more time in digging for opportunities in their complex data landscape rather than achieving bottom-line impact. Now, our customers are saving $15-55M on every $500M of spend annually with automated opportunities based on quality-assured data while accelerating their process efficiencies.
Having visibility on our spend really helped us to formulate plans either to mitigate risks or create opportunities and leverage our strengths, with the ability to react quickly by having access to data and being able to visualize data, not having to rely on manual accumulation of information or spreadsheets that are a million miles long."
Darren McGrath Global Chief Procurement Officer at WernerCo
We needed a tool that we could use cross-functionally, so it would serve the purpose of meeting the business needs, but also be fluent, dynamic, and where we could get into more value-added analysis versus just the number-crunching. Sievo helped us realize those goals with their Spend Forecasting solution.”
Michelle Palmquist Senior Finance Director, Global Procurement & Contract Manufacturing
I can’t even believe how inefficient we would be if we had not implemented Sievo as a procurement analytics platform and, hereby, as a single point of truth a few years back. I get around 20 questions daily from our leadership about spend figures, now it takes me like 15 seconds to find the information."
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Stephan Schulte Head of Procurement Steering & Analytics at Deutsche Telekom
Sievo differentiates itself from the competition: a platform that is easy to use, 99% uptime guarantee, keeps promises, and provides great configurability."
Brian Robinson VP Strategic Sourcing, Elevate Textiles
Cimpress is a decentralized company with many different units, each with their own ERP systems. Sievo was a way to enable spend visibility without disrupting the business. We're now able to see things cross-business, and to do much more than before in less than half of the time."
Jordi Rubiés Procurement Excellence Manager at Cimpress
Sievo did not bring change, it was THE change. We now have direct visibility into all of our categories in all of our global locations."
Marc Roth Vice-President of Procurement at Hero Group
Sievo Spend Analytics tool is an outstanding solution that enabled us with efficient spend analytics that we have struggled to do in the past. It has vastly improved our process efficiency as it reduced the cycle time of category managers for spend analysis from weeks to just minutes. This process efficiency is seen in various areas of the supply chain organization which makes it, overall, a great experience.”
Alan Harrah Vice-President, Global Supply Management
Sievo takes end-to-end data accountability in translating your data into trustworthy insights
Relieve your team from the manual work required to maintain in-house analytics. Sievo has over 20+ years of experience in automatically extracting complex client data from all your ERPs, data lakes, and other procurement systems. Our solution is especially ideal if you have a complex procurement landscape and large data sets.
We also ensure classification with the highest level of accuracy in the industry of at least 94% and data coverage of 98% at the most granular level feasible. Without burdening your resources!
Reduce time spent on finding insights and streamline all respective initiatives from one solution
Sievo Insights automatically surface recommendations from your entire spend landscape. From high-value opportunities to previously unexplored avenues like tail spend, they help you save time previously consumed by manual analysis.
You also retain the flexibility you had before with in-house solutions. Within Sievo, you can create customized reports and dashboards for comprehensive analyses, but now with more reliable data.
360° view: combine internal data with integrated and enriched third-party and cross-customer data
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. By combining your own data with any third-party data sources and Sievo Community Data, you can select the most suitable suppliers, negotiate better terms, reduce carbon emissions, mitigate risks, ensure a diverse and continuous supply, and much more.
Leverage Sievo’s AI to improve data quality, speed-up insights, or initiate follow-up actions
Empower your procurement team to make better decisions, faster.
Sievo AI helps you automate repetitive analytics so you can shift focus on strategic initiatives, while at the same time uncovering hidden savings opportunities and mitigating supply chain risks.
Maximize the value of your data with Sievo
Benefit from Sievo's best-in-class data cleansing and aggregation even beyond your procurement use cases. Bring back cleansed and enriched data to your systems with Sievo Data Share.
It’s not just about procurement
It takes alignment between procurement and various key stakeholders in the organization to maximize the impact that procurement can have.
Our customers generally show better alignment between IT, Finance, Procurement, ESG, and Leadership because they have visibility into spend, categories and suppliers to unlock new savings, reduce spend and carbon emissions, ensure supply continuity and achieve bottom-line impact.
Discover the clear advantages of Sievo over in-house tools
Sievo offers a clear advantage from various perspectives compared to in-house analytics:
Predictable costs: Sievo's one-time implementation fee and annual subscription ensure predictable costs. In-house solutions often incur higher TCO due to ongoing maintenance.
Maintenance: Upkeep of your analytics and data management is done by Sievo vs. manual work and FTEs required for in-house tools.
ROI: Sievo provides immediate returns with significant savings potential through automatic insights. In-house tools don’t reveal any insights and require intensive analysis first.
Scalability: Sievo easily scales with increasing data demands or for adding use-cases like ESG analytics or FP&A and budgeting. For in-house tools this would require more technical resources and cumbersome project management.
Resources: In-house tools require substantial IT resources for for data extraction, cleansing, and translating into analytics. Every other demand for reporting assistance also requires IT. Sievo is user-friendly regardless of your level of technical expertise.
AI-Powered Insights in ready-to-act formats
Lower the usage barrier with Analytics Copilot for conversational analytics
Automated actions within a click of a button
GenAI captured public data and signals, like SBTi perfomance
Sievo is recognized as "Procurement Technology of the Year” and a Top Value Enabler in Spend Analytics.
