The business world is moving faster than ever before. Decisions that once took weeks now need to be made in days, sometimes even in hours. For global enterprises managing billions of dollars in spend, the difference between success and missed opportunity often comes down to one factor: the quality of data. At the heart of this transformation stands Sievo, a company that has turned procurement analytics into not just a service, but a trusted partnership for some of the world’s largest brands.

Sievo is more than a software company—it is a global leader in procurement analytics, trusted by giants such as Mars, Levi’s, Deutsche Telekom, and Carlsberg. With a reputation built on trust, precision, and impact, Sievo processes spend data equal to more than 2% of the world’s GDP each year. Their solutions don’t just analyze information; they empower procurement, finance, IT, and sustainability teams to make fast, informed, and transformative decisions.

The company’s philosophy is simple yet powerful: data should not be a barrier, but a bridge. By offering clarity where there is chaos, Sievo enables organizations to capture opportunities, improve ESG performance, streamline budgeting, and unlock millions in savings. Over a decade-long average customer relationship speaks volumes about its reliability and value.

Bridging the Data-to-Action Gap

While dashboards and reports are common across the analytics world, Sievo stands out for its ability to close the critical “data-to-action gap.” Their AI-driven platform integrates internal systems, third-party sources, and Sievo’s vast community database to deliver recommendations and benchmarks that matter.

For companies managing $1 billion or more in annual revenue, Sievo becomes the single source of truth—ensuring that procurement teams are no longer held back by poor-quality data or fragmented systems. Every insight is backed by accountability, every decision supported by precision.

Turning Complexity into Clarity

Procurement data is notoriously complex. Multiple ERPs, supplier inconsistencies, and global operations make visibility difficult. Sievo addresses this by guaranteeing 94% AI-powered classification accuracy and 98% data coverage at the deepest granularity. In other words, they don’t just manage data—they refine it into a clear, actionable picture that leaders can trust.

With this foundation, enterprises are able to uncover hidden savings opportunities, optimize cost-to-emission ratios, improve working capital, and manage tail spend. The result? Up to $20 million in incremental savings for every $1 billion analyzed.

A 360° View of the Supply Chain

One of Sievo’s defining strengths is its ability to deliver a complete, end-to-end view of the supply chain. By integrating spend data with benchmarks and third-party insights, businesses gain the power to select the right suppliers, negotiate stronger terms, and reduce carbon emissions—all while mitigating risks and ensuring supply chain resilience.

This holistic visibility transforms procurement into a strategic driver rather than a back-office function. In today’s landscape where sustainability, diversity, and risk management are as crucial as cost savings, Sievo helps enterprises meet these challenges with confidence.

Recognized and Awarded Globally

Sievo’s impact has not gone unnoticed. The company has been repeatedly recognized by leading analysts, including Spend Matters, ProcureTech, and Procurement Leaders, for its innovation and leadership. Their offerings—ranging from Spend Analytics and ESG Analytics to Procurement Performance Measurement and Financial Planning—are designed to deliver immediate time-to-value, a factor that resonates strongly with clients across industries.

Safe, Scalable, and Future-Ready Solutions

Behind the scenes, Sievo manages over 330,000 files, 550 million data lines, and $850 billion in spend annually. Their expertise in safe integrations means they can extract and harmonize data from any system—legacy ERPs, modern data lakes, or anything in between. Combined with a financially stable foundation and 29% organic growth since 2016, Sievo provides the assurance enterprises need for long-term collaboration.

Their best-of-breed approach blends advanced AI with professional expertise, ensuring not only accuracy but also fast delivery and quick ROI. Clients repeatedly praise Sievo for its transparency, reliability, and ability to make complex data landscapes manageable.

Empowering a Data-Driven Future

What truly sets Sievo apart is its vision. The company is not content with being a vendor; it positions itself as a partner for enterprises determined to lead with data-driven decisions. By offering the largest database in procurement analytics, Sievo allows organizations to benchmark themselves against industry peers and adapt strategies for greater competitiveness.

Procurement leaders who partner with Sievo gain more than analytics—they gain foresight. They gain the ability to act on reliable insights, align procurement with sustainability goals, and turn data into measurable impact.

Sievo’s Road Ahead

Sievo’s unique combination of accuracy, scalability, and vision makes them indispensable in a world where procurement analytics is no longer optional—it’s mission critical.

Sievo’s journey reflects a deep understanding of business challenges and a relentless commitment to innovation. As they continue to support enterprises worldwide, their promise remains consistent: to transform complexity into clarity and insights into action.

Sammeli Sammalkorpi | Co-Founder & CEO

“We empower Procurement, Finance, IT, and Sustainability teams to overcome their data chaos and capture all insights, drive bottom-line savings, improve ESG performance, and streamline budgeting and forecasting.”