Sievo is a procurement analytics solution used by procurement, finance, and sustainability teams to choose suppliers, deliver savings, and manage compliance.
Sievo is the procurement analytics solution for data-driven enterprises. We give procurement, finance and sustainability teams a single source of truth and radical transparency to all procurement decisions.
Our solution helps you choose the right suppliers, deliver savings and manage compliance with confidence. Not only that, we enable a sustainable, diverse and resilient supply base.
We master the art of extracting, classifying and enriching data across all ERPs, procurement systems and external data sources, saving your valuable time.
Simply put, we’re the best at turning even the crappiest data into actionable insights! We bridge the data-to-action gap and power agile procurement by combining AI with procurement expertise.
Achieve proven fast ROI and turn your data into “ta-da” with Sievo!
Product Strengths
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.
Make informed decisions for achieving your cost savings and ESG goals with high-quality procurement analytics based on accurate, clean, and reliable data. 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.
Sievo's AI capabilities are second-to-none. Substitute mundane and repetitive analytics tasks with AI-powered automations to free up time for strategic initiatives. 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.
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.
