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  3. Sievo Spend Analytics
Logo of Sievo Spend Analytics

Sievo Spend Analytics

bySievo
in
4.3

Overview

Product Information on Sievo Spend Analytics

Updated 13th October 2025

What is Sievo Spend Analytics?

Sievo Spend Analytics is a software designed to provide organizations with comprehensive visibility into their procurement spending. The software aggregates, categorizes, and analyzes spend data from multiple sources to generate actionable insights that support data-driven decision-making in procurement and supply chain management. It features automated data extraction, normalization, and classification functionalities, enabling users to identify cost-saving opportunities, monitor compliance, and reduce risks associated with supplier relationships. Sievo Spend Analytics addresses the business challenge of fragmented and unstructured spend data by delivering structured analytics that help organizations optimize their procurement strategies and improve financial performance.

Sievo Spend Analytics Pricing

Sievo Spend Analytics software typically offers a subscriptionbased pricing model structured according to factors such as the scope of analytics required, user count, and the size or complexity of the organization Data volume and advanced features may also influence the pricing structure with enterprise agreements available for large implementations Custom quotes are commonly provided based on specific business needs

Overall experience with Sievo Spend Analytics

Data Analyst
1B - 3B USD, Manufacturing
FAVORABLE

“Sievo Partnership Provides Speed and Knowledge But Faces ERP and Cost Limitations”

5.0
Sep 16, 2025
We have a strong partnership with Sievo. They do a great job of envisioning, scoping, and completing work.
Procurement Excellence
30B + USD, Transportation
CRITICAL

“Challenges in Implementation Balanced by Strong Support and Customer Experience Team”

3.0
Sep 16, 2025
I have had mixed experiences. We had a challenging implementation of the product but strong support afterwards and great customer experience team.

About Company

Company Description

Updated 17th November 2025

Sievo provides actionable procurement analytics built on reliable data. Designed for enterprises with $1B+ in revenue, Sievo delivers future-proof solutions with 63x ROI. We enable Procurement, Finance, IT, and Sustainability teams to organize complex data, capture insights, drive bottom-line savings, improve ESG performance, and streamline budgeting and forecasting. Sievo goes beyond analytics and dashboards by helping closing the data-to-action gap with reliable insights, recommendations, and benchmarks, combining internal, public, third-party, and cross-customer data. By processing spend data equivalent to 2%+ of the world’s GDP annually and taking end-to-end data accountability, Sievo supports fast, informed decision-making with high data quality.

Company Details

Updated 17th November 2025
Company type
Private
Year Founded
2003
Head office location
Helsinki, Finland
Number of employees
201 - 500
Website
https://sievo.com

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Key Insights

A Snapshot of What Matters - Based on Validated User Reviews

Reviewer Insights for: Sievo Spend Analytics
Performance of Sievo Spend Analytics Across Market Features

Sievo Spend Analytics Likes & Dislikes

Like

Sievo brings speed and knowledge to the table where our company has gaps.

Like

Visibility to data with diverse perspectives, Forward looking improvements to leapfrog analytics capabilities, Customization capabilities

Like

Ease of use, limited training needs, strong customer support.

Dislike

1. no contract repository (after 2025) 2. limited knowledge of some ERPs 3. cost to opt into the more forcasted analytics

Dislike

Inability to validate where our classification is for accuracy

Dislike

Some set up time is needed in the background to ensure that the categorization rules remain accurate.

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Peer Discussions

Sievo Spend Analytics Reviews and Ratings

Showing data for 34 ratings and reviews for Strategic Sourcing Application Suites market. View all 34 ratings and reviews across markets for a complete picture.

4.3

(34 Ratings)

Rating Distribution

5 Star
38%
4 Star
53%
3 Star
6%
2 Star
3%
1 Star
0%
Why ratings and reviews count differ?

Customer Experience

Evaluation & Contracting

4.3

Integration & Deployment

4.0

Service & Support

4.4

Product Capabilities

4.4

Filter Reviews
Sort By:
Most helpful
Last 12 Months
Star Rating
Reviewer Type
Reviewer's Company Size
Reviewer's Industry
Reviewer's Region
Reviewer's Job Function
  • Data Analyst
    1B-10B USD
    Manufacturing
    Review Source

    Sievo Partnership Provides Speed and Knowledge But Faces ERP and Cost Limitations

    5.0
    Sep 15, 2025
    We have a strong partnership with Sievo. They do a great job of envisioning, scoping, and completing work.
  • Procurement Excellence
    10B+ USD
    Transportation
    Review Source

    Challenges in Implementation Balanced by Strong Support and Customer Experience Team

    3.0
    Sep 16, 2025
    I have had mixed experiences. We had a challenging implementation of the product but strong support afterwards and great customer experience team.
  • Director of Procurement
    10B+ USD
    Consumer Goods
    Review Source

    Sievo for Spend Analytics

    5.0
    Dec 14, 2025
    Sievo is our spend analytics and savings monitoring platform. It is particularly valuable in complex environments with multiple ERPs, or holding companies, providing a single source of truth through a consolidated taxonomy. Their customer support is strong and the platform delivers a wide range of actionable insights.
  • Procurement Manager
    10B+ USD
    Transportation
    Review Source

    Sievo’s Usability Appreciated While Some Challenges Still Remain

    3.0
    Sep 17, 2025
    Capabilities seem endless, but some of the most important things, such as data reconciliation and tagging data that has been verified, are not easily available or available at all.
  • Procurement Excellence Analyst
    10B+ USD
    Transportation
    Review Source

    Advanced Analytics Appreciated but Reconciliation and Validation Functionality Limited

    4.0
    Sep 17, 2025
    Good partnership overall, some struggles with customization and data validation
Showing Result 1-5 of 34

Recommended Gartner Research

  • Critical Capabilities for Strategic Sourcing Application Suites
  • Magic Quadrant for Strategic Sourcing Application Suites

Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose.

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