Sievo
Helsinki procurement analytics for spend, savings, payment terms, risk and CO2
Quick Overview
| Company | Sievo Oy |
|---|---|
| Category | Procurement Software |
| Headquarters | Helsinki, Finland |
| Founded | Not stated |
| EU Presence | Yes - Finland (EU) |
| Data Location | Not stated on the pages we reviewed |
| Open Source | No |
| GDPR Compliant | Yes |
| Self-Hosting | No |
| Main Features | Spend analytics, payment terms, contract compliance, PO analytics, market benchmarking, supplier risk analytics, CO2 and diversity analytics, initiative management, budgeting and forecasting |
| Pricing | Not published, demo on request |
| Best For | Large procurement organisations that need spend visibility across ERPs |
| Replaces | Coupa spend analysis |
Detailed Review
Sievo's privacy policy names Sievo Oy as the parent of Sievo, Inc. and Sievo Procurement Analytics SRL, with the data privacy officer reachable at Mikonkatu 15A, Helsinki, Finland. The site lists offices in Helsinki, Chicago, London, Paris and Bucharest.
Sievo is an analytics layer rather than a transactional procurement system, so it is usually used next to a requisition or sourcing tool.
Analytics modules
The product pages list spend analytics, payment terms, contract compliance, PO analytics, market benchmarking and supplier risk analytics, plus CO2, sustainability and diversity analytics.
Performance management
Initiative management tracks savings delivery, and direct materials budgeting, forecasting and what-if scenario simulation extend the product toward finance planning.
Entity note
Sievo, Inc. is a US subsidiary. The privacy policy treats Sievo Oy as the controller, but confirm the contracting entity for your region.
Limitations to Consider
Sievo analyses spend and does not run purchase requests, purchase orders or supplier onboarding, so it complements rather than replaces a suite such as Onventis. No prices are published, and the pages reviewed do not state hosting location. Its customer statements on savings and ROI are company-reported.
Who Should Use Sievo
Large procurement and finance teams that already run transactions in ERP or P2P tools and want analytics, savings tracking and CO2 data.
Pros and Cons
Pros
- Spend analytics across systems
- Savings initiative management
- CO2, sustainability and diversity analytics
- Supplier risk analytics
- Finnish parent company
Cons
- Not a transactional procurement system
- No published pricing
- Hosting location not stated on the pages reviewed
- ROI figures are company-reported
Alternatives to Sievo
Other European procurement software worth comparing before you decide:
Onventis
Germany · Stuttgart source-to-pay suite on a shared supplier network
Esker
France · French source-to-pay and order-to-cash automation platform
Basware
Finland · Finnish eProcurement and marketplace next to invoice automation
Mercanis
Germany · Berlin procurement suite with intake, sourcing and contracts
See all European procurement software or compare them directly against Coupa spend analysis on our alternatives page.
Frequently Asked Questions
No. It is an analytics and performance product that sits next to tools used for requests, sourcing and ordering.
The privacy policy gives Sievo Oy at Mikonkatu 15A, Helsinki, Finland.
Yes, through Sievo, Inc., so check the contracting entity in your order form.