Sievo is a procurement analytics solution that helps enterprises address data challenges while capturing insights, driving bottom-line savings, improving ESG performance, and streamlining budgeting and forecasting.
Sievo provides actionable procurement analytics based on data you can trust. Designed for large enterprises with $1B+ in revenue, loved by global companies featuring Mars, Levi’s, and Carlsberg, and praised by key analysts, we provide a future-proof solution with 63X ROI.
We empower Procurement, Finance, IT, and Sustainability teams to overcome their data chaos and capture all insights, drive bottom-line savings, improve ESG performance, and streamline budgeting and forecasting.
Sievo goes beyond world-class analytics and dashboards. We help our customers close the data-to-action gap with reliable insights, recommendations, and benchmarks by combining internal, third-party, and cross-customer data. By processing spend data equivalent to 2% of the world's GDP annually, we enable fast, informed decision-making and deliver the industry's highest data quality with end-to-end data accountability. We call it procurement excellence - but you can call it Sievo.
Product Strengths
Data cleansing and classification: No matter the quality of your data or the complexity of your procurement landscape, Sievo takes full responsibility of translating your data into trustworthy actionable insights. Sievo holds full responsibility and accountability of the data quality in the analytics process (extraction, cleansing, enrichment, harmonization) while customers maintain complete data ownership. Sievo SLA guarantees the industry’s highest classification accuracy of at least 94% and coverage of 98% at the most granular level regardless of the customer's taxonomy customizations.
Actionable insights: Sievo's insights capabilities are second-to-none. Sievo’s AI-powered insights are personalized for each user, surfacing relevant savings and other opportunities. One-click actions are available within each insight such as assigning, automated supplier emails, launching savings-capture automations, and creating initiatives to make informed decisions for achieving your cost savings and ESG goals with high-quality procurement analytics based on accurate, clean, and reliable data.
Community Data: Sievo processes 2% of global GDP to provide transaction-based benchmarks for payment terms, pricing trends, and supplier discovery. Unlike survey-based benchmarks, it's built on validated anonymized and aggregated spend data, offering procurement teams peer-based intelligence to maximize savings and optimize supplier negotiations.
Low TCO, High ROI: According to SpendMatters (2024), out of comparative vendors, Sievo has the lowest total cost of ownership (TCO), high ROI, quickest deployment, and highest business value. Hackett Group (2025) has validated Sievo’s ROI to be 63X.
Ideal Customer
Enterprise companies with over $1B/yr revenue
Dirty and scattered data across systems (ERPs, Data lakes…)
Lacking global visibility to basic procurement data and metrics, often due to data scattered across various source systems
Lack of trust in the accuracy of the available data, including challenges e.g. in spend classification and supplier parenting, or limited trust between procurement and finance
Inability to easily link internal procurement data to external data (benchmarks, supplier information) to derive new insights
