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Sievo

Score8.8 out of 10

2 Reviews and Ratings

What is Sievo?

Sievo, from the company of the same name in Helsinki, is a SaaS procurement analytics solutions that includes Spend Analysis, Savings Lifecycle, Spend Forecasting and Contract Management.

Categories & Use Cases

Transparency and accountability in every Project

Use Cases and Deployment Scope

We use it across all parts of Wernerco World. It is used in all countries we are operating. It pull data from different MRP systems we are using across the world and it is helping us with global approach to procurement activities. We are tracking all spend patterns across all suppliers, analyse payment terms and define opportunities. It works with different currencies. Saving module help us with tracking all the savings projects across manufacturing and purchasing.

Pros

  • Saving projects management
  • Project pipeline
  • Inside spend overview by region, customer, country...
  • Payment terms opportunities

Cons

  • DIO tracking could be easier to use

Return on Investment

  • Savings accountability
  • Saving opportuninty
  • Transparency of supplier management

Alternatives Considered

Microsoft 365

Other Software Used

Microsoft 365, Microsoft SharePoint, OnBase