Sievo
2 Reviews 5/5 ★ ★ ★ ★ ★A procurement and spend management software with contract management capabilities.
Product Overview
Sievo is a SaaS procurement analytics solution that includes spend analysis, savings lifecycle, spend forecasting, and contract management. This software provides a detailed inside spend overview by region, customer, and country, offering valuable insights for operations managers. Its capabilities include managing saving projects, project pipelines, and providing a global approach to procurement activities, handling different currencies and tracking all spend patterns across suppliers.Pros
- Multi-currency support
- Offers effective saving projects management
- Provides spend overview
Cons
- Price details not available online
- No basic P2P features
Target Market
Large enterprises and multinational companies that require comprehensive and detailed procurement analytics, especially beneficial for organizations operating in multiple countries and dealing with multiple currencies.Video Overview
Features
- Data Cleansing: Can collect and harmonize spending data from multiple source systems.
- Spend Visibility: Provides full visibility over spending and allows users to divide spending into different categories.
- Savings Tracking: Enables users to track savings from idea to bottom-line impact.
- Process Performance Analysis: Highlights areas of improvement for small invoices and helps optimize purchase processes.
- CO2 Analytics: Offers carbon management capabilities for users to measure and report upstream activity admissions. Price and Currency Performance Analysis: This analysis identifies price differences among suppliers and gives insights into spending distribution across different currencies.
- Supplier Base Analysis: Analyzes the supplier base and can identify consolidation opportunities and track top and tail-spend suppliers.
User Reviews of Sievo
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Sievo Review
We definitely got the visibility to realized savings, as planned. In addition, the visibility to savings projects turned out to be a very effective platform for best practice sharing and positive internal competition.
Without Sievo Contract Management and the visibility to spending our money
Without Sievo Contract Management and the visibility to spending our money, we would not be able to grow to the length of procurement and supply chain that we’ve gone through so far. It’s a firm supporter of continuous development within ISS, in sourcing and supply chain in particular.
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