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Sievo New US Customer

Fortune 500 Life Science company selects Sievo

A Fortune 500 Life Science company selects Sievo to deliver its global Spend Forecasting solution. Sievo’s solution is expected to increase the company’s visibility to changes taking place in the market, significantly reduce the response time to react on these changes, and helping them to facilitate better dialogue between the finance, procurement and production organizations.

Sievo Spend Forecasting enables our customers to rapidly and accurately see how changes in procurement costs impact future spend and profitability.

“With Sievo you can create timely and accurate forecasts – and to analyze root causes of these differences over categories, organizational units and materials all the way down to transaction data level. Through our unique approach we’ve seen customers’ time to value cut from months to weeks, while delivering a new level of accuracy in forecasts” says Sampsa Somerma, Head of Knowledge Management at Sievo.


About Sievo:

Sievo is the leading Spend Management software provider. Our SaaS solution helps our customers identify more savings, translate these opportunities into projects, embed created value into budgets, and ensure that savings truly hit the bottom line. In short, we help our clients to manage savings life cycle from idea to cash.

We provide Spend Analysis, but also go far beyond that. We complement category view with actionable project perspective; we look not only backward, but also forward. We look at internal performance and also benchmarks against market movements. We speak the language of procurement and also translate numbers into the financial view.