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.

About Sievo

Video Overview

Features

  • Spend Analysis: Turn heterogeneous source data into tangible opportunities with the leading enterprise spend analysis solution
  • Savings Lifecycle: Translate spend data into savings opportunities, execute savings projects and track savings contributions to the bottom line
  • Spend Forecasting: Predict and improve future profitability with the only spend forecasting solution linked to real spend and purchase price data
  • Contract Management: Get more value out of contract lifecycle by combining spend data with the most intuitive contract management solution
  • Procurement Benchmarking: Identify and achieve world-class performance with data-driven procurement benchmarks

Product Overview

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User Reviews of Sievo

★★★★★
★★★★★
Submitted on May 26th, 2020 by Jan Breinholt

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.

★★★★★
★★★★★
Submitted on May 26th, 2020 by Mads Mortensen

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.