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Sievo Reviews & Product Details

Verified User in Chemicals
UC
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Sievo?

Userfriendliness of the product. Very intuitive and self explaining. Very nice and easy analytics options Review collected by and hosted on G2.com.

What do you dislike about Sievo?

extra costs for frequent updates > should be automated so it would more or less fit a daily update of data Review collected by and hosted on G2.com.

What problems is Sievo solving and how is that benefiting you?

spend/ data insights Review collected by and hosted on G2.com.

Sievo Overview

What is Sievo?

Sievo provides actionable procurement analytics based on data you can trust. ​ Designed for large enterprises with $1B+ in revenue, loved by global companies featuring Mars, Levi’s, and Deutsche Telekom and praised by key analysts, we provide a future-proof solution with immediate ROI.​ 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. ​ Sievo goes beyond world-class analytics and dashboards. We help our customers close the data-to-action gap with reliable insights, recommendations, and benchmarks by combining internal, third-party, and cross-customer data.​ By processing spend data equivalent to 2% of the world's GDP annually, we enable fast, informed decision-making and deliver industry's highest data quality with end-to-end data accountability. ​ We call it procurement excellence - but you can call it Sievo.​

Sievo Details
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Product Description

Sievo Spend Analysis turns any heterogeneous source data into tangible opportunities and more business value.


Seller Details
Seller
Sievo
Year Founded
2003
HQ Location
Helsinki, Uusimaa
Twitter
@Sievo
1,192 Twitter followers
LinkedIn® Page
www.linkedin.com
371 employees on LinkedIn®

NT
Overview Provided by:

Recent Sievo Reviews

Verified User
A
Verified UserEnterprise (> 1000 emp.)
5.0 out of 5
"Great team to work with and great capabilities"
• The solution is user-friendly and allows "learning by doing" • Self-service functionality is simple and intuitive • The tool provides good tran...
OC
Oscar C.Enterprise (> 1000 emp.)
4.5 out of 5
"Using Sievo for quick data insights and fact-checks"
What really stands out with spend analytics in Sievo is the simplicity and user-friendliness. Since we went live, we've seen multiple data-driven i...
Verified User
A
Verified UserEnterprise (> 1000 emp.)
5.0 out of 5
"Great tool for spend analytics"
- Easy to use, nice dashboards - Easy to implement and link to SAP - Great customer support and customization possibilities - Great for weekly, ...
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Sievo Media

Sievo Demo - Sievo Spend Overview Dashboard
Spend Overview gives an overview on spend development - perfect for Management to see the performance on a high-level. Other users can easily drill down to transaction line-level for more detailed overview. You can use this dashboard to keep track of e.g.: your top suppliers by region, changes...
Sievo Demo - Sievo Supplier 360° Dashboard
This dashboard provides a deep-dive into a selected supplier and its relevant data from your organization. You can use this dashboard to see what you buy from this specific supplier as well as ensure that all your business units have the same payment terms. More importantly, you can use the...
Sievo Demo - Sievo Category 360° Dashboard
The Category 360° dashboard gives a deep-dive into a specific category to see which suppliers your units are sourcing from. This dashboard is ideal for Category Managers, where you can track order process development and follow material price development, finding single sourced materials and ...
Sievo Demo - Sievo Supplier Tail Dashboard
This dashboard helps you track the supplier base and tackle your tail spend. By showing you the number of suppliers and consolidation opportunities, you and your team can take action on mitigating risks and on creating savings. Another usability is for benchmarking purposes, where you can ide...
Sievo Demo - Sievo Self Service Dashboard
You have the freedom to create any kind of report you need on the fly by choosing any dimension, measure and chart type. Data can be filtered just like in any other Sievo Dashboards. The best part is where you can save the chart as a bookmark and even sent if to your colleagues using a quick ...
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8 out of 9 Total Reviews for Sievo

4.1 out of 5
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8 out of 9 Total Reviews for Sievo
4.1 out of 5
8 out of 9 Total Reviews for Sievo
4.1 out of 5

Sievo Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons
G2 reviews are authentic and verified.
OC
Senior Supply Chain Excellence Specialist
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Sievo?

What really stands out with spend analytics in Sievo is the simplicity and user-friendliness. Since we went live, we've seen multiple data-driven initatives by people who previosuly rarely brought data to the table for a discussion. By offering the most FAQ approach in the design, most questions are answered by just a few clicks. In cases where we have issues, the support-team and our customer success manager have been most helpful in finding solutions fast. Review collected by and hosted on G2.com.

What do you dislike about Sievo?

I really not dislike anything to be fair, but as an improvement I would like to limit visibility of data based on cost centers or projects, which currenly is not supported. That way, Sievo could extend from the procurement teams to a wider audience that is only meant to analyze spend in their own CC/project. Review collected by and hosted on G2.com.

What problems is Sievo solving and how is that benefiting you?

As most organizations are facing, data legacy is always challenging. Getting a vast majority of the data categorized is truly making the analysis easier and more relevant. When something isn't correctly categorized, only a few clicks will resolve that. Review collected by and hosted on G2.com.

Verified User in Chemicals
AC
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Sievo?

- Easy to use, nice dashboards

- Easy to implement and link to SAP

- Great customer support and customization possibilities

- Great for weekly, monthly, yearly or even one-time reports Review collected by and hosted on G2.com.

What do you dislike about Sievo?

- For complex analyizes it's best to download a report from Sievo and run the analyses outside of Sievo

- You can't view invoices directly in Sievo (or at least not without customizing), that would be amazing Review collected by and hosted on G2.com.

What problems is Sievo solving and how is that benefiting you?

Sievo helps us to visualize our spend.

It harmonizes the spend data on parent supplier level.

Material classification is a lot better than in SAP and manual reclassifiactions are possible. Review collected by and hosted on G2.com.

Liann G.
LG
Head of Procurement idverde Denmark
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Sievo?

The ability to collect and share data across different BU's with different ERP-systems Review collected by and hosted on G2.com.

What do you dislike about Sievo?

The function where Sievo reclassifi spend automatically / rename accounts does not function well.

Known supplier names are changed to supplier company owner or owners owner which makes it heard to recognize some accounts - even key accounts Review collected by and hosted on G2.com.

What problems is Sievo solving and how is that benefiting you?

Collect and compare spend data across business units with different ERP-systems Review collected by and hosted on G2.com.

Verified User in Manufacturing
AM
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Sievo?

• The solution is user-friendly and allows "learning by doing"

• Self-service functionality is simple and intuitive

• The tool provides good transparency and consolidated data access

• Connects easily with our systems Review collected by and hosted on G2.com.

What do you dislike about Sievo?

Nothing at the moment, it’s doing its job. Review collected by and hosted on G2.com.

What problems is Sievo solving and how is that benefiting you?

We had ERP system with very complex setup, and we needed one place to see spending performance clear. Because our ERP is big and complex, and we dont have much IT support, it was difficult to get one source for information. Review collected by and hosted on G2.com.

Verified User in Manufacturing
AM
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Sievo?

With Sievo we can easily vizualize our spends by grouping different entities, different units and currencies. The Bridge which show the prices constitution is helpfull for negociation with suppliers. Review collected by and hosted on G2.com.

What do you dislike about Sievo?

Medium flexibility to be autonomous to correct mistakes. Review collected by and hosted on G2.com.

What problems is Sievo solving and how is that benefiting you?

aggregate transactions from different ERPs Review collected by and hosted on G2.com.

Verified User in Information Technology and Services
CI
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Sievo?

I like how Sievo's incorporation of aptitude and data management approach supported creating a centralized platform resulting in new consolidation opportunities found from spend data. Review collected by and hosted on G2.com.

What do you dislike about Sievo?

No dislikes to mention. It is exactly the change we required. Review collected by and hosted on G2.com.

What problems is Sievo solving and how is that benefiting you?

Sievo spend analysis facilitated us to turn the procurement data into actionable insights. No more time-consuming analysis workshops, as this platform does the job in seconds. Review collected by and hosted on G2.com.

Verified User in Business Supplies and Equipment
UB
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Sievo?

The way it reports and presents the data is great but it can be further improved. Review collected by and hosted on G2.com.

What do you dislike about Sievo?

It lacks detailed reporting analysis and it is not as user friendly as it should be. Review collected by and hosted on G2.com.

What problems is Sievo solving and how is that benefiting you?

Analysis of spend reporting and savings analysis. Review collected by and hosted on G2.com.

Verified User in Machinery
UM
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Sievo?

The interface is intuitive. The charts are great. Review collected by and hosted on G2.com.

What do you dislike about Sievo?

The savings lifecycle is a little funky Review collected by and hosted on G2.com.

Recommendations to others considering Sievo:

It opens in excel perfectly! Review collected by and hosted on G2.com.

What problems is Sievo solving and how is that benefiting you?

We were able to save thousands on computers and related peripherals Review collected by and hosted on G2.com.