Sievo

Sievo: Procurement Excellence Through AI and Data Insights

Sievo empowers procurement teams to make smarter, faster decisions by leveraging the power of AI and comprehensive spend data. Aimed at large enterprises, Sievo provides reliable insights to unlock savings, enhance sustainability, and build more resilient supply chains.

Sievo Key Features

• AI-Powered Spend Analytics: Drive procurement excellence with AI speed and human understanding. Sievo AI is trained on extensive, high-quality data to identify high-value opportunities and automate time-consuming analysis.
• Actionable Insights & Conversational Analytics: Uncover savings opportunities and optimizations with AI-generated insights. Dig deeper into your data or get instant answers to your specific questions using Sievo IQ's conversational analytics.
• Seamless Initiative Management: Turn insights into action with just one click. Automate the entire initiative lifecycle, from idea generation to execution and reporting, including supplier communication and task assignments.
• Enhanced ESG Performance Tracking: Gain full visibility into your sustainability performance. Drive compliance, reduce Scope 3 emissions, mitigate risks, and build sustainable, resilient, and diverse supply chains. Sievo helps you seamlessly report according to pressing frameworks like CBAM and CSRD.
• Streamlined Budgeting and Forecasting: Improve financial planning with greater transparency and proactive, market-driven insights. Increase forecasting accuracy for direct materials, reduce cycle times, and leverage market data for robust projections.
• Market-Leading Data Management: Benefit from the industry's deepest taxonomy granularity and a 98%+ classification coverage guarantee with 94%+ accuracy. Sievo processes over 2% of Global GDP annually, processing billions in spend data.
• 360 Spend Visibility: Get a comprehensive view of your entire procurement landscape. Access data on payment terms, delivery performance, contracts, and more through best-practice dashboards, co-created with industry experts.
• Supplier Data Enrichment: Leverage AI to process and normalize supplier data, enriched with AI-curated public supplier information, providing a richer dataset for negotiations and strategic decisions.