Traditionally, procurement has been dominated by structured data, such as purchase orders and invoices. However, this represents just 1% of the information available for decision-making ..read more

There is much hype around ChatGPT, and it’s well deserved. Analytics platforms—including Sievo—are eagerly testing the first use cases of Large Language Models (LLMs) like OpenAI’s GPT. With GPT-4 Turbo and ChatGPT Enterprise recently announced, it's clear that the tech is breaking through to more commercial applications ..read more

The concept of organizational maturity has various frameworks and is widely recognized. Similar to overall organizational maturity, procurement maturity presents challenges and opportunities ..read more

California is pushing towards a greener future with its latest legislative move. With the introduction of the Climate Accountability Package, the Golden State sets a benchmark for companies to advance towards sustainable development.   In this blog, we'll cover the basic requirements of SB 253 and SB 261 and show how you can prepare with carbon analytics.   Want to dig in to sustainable procurement? Read our full guide to get started ..read more

Looking to reduce your organization's carbon footprint but struggling to find the best solution for your needs from the variety of options in the market ..read more

In recent years, there has been a significant increase in the visibility and acceptance of the queer community in the business landscape. During pride month, Linkedin and other social media platforms are filled with rainbow logos ..read more

The time to act on reducing emissions is now. As businesses face increasing pressure to reduce their carbon footprint and contribute to a more sustainable future, the key steps are understanding and addressing their emissions.   This is where carbon analytics comes in - using software tools and data analysis to measure and act on a company's carbon footprint, set emissions reduction targets, identify areas for improvement, and track how emissions develop over time.    What is Carbon Analytics and Why is it Important? Carbon analytics uses data and software tools to manage a com ..read more

Mergers and acquisitions (M&A) can be complex, involving a myriad of considerations and potential pitfalls. One area that requires particular attention is spend management, which encompasses procurement, purchasing, and other financial activities related to spending. In this blog post, we'll explore some of the challenges associated with M&A in the context of spend management, what to consider when navigating this process, and how spend analytics can provide valuable insights and opportunities.  ..read more

Spend visibility is crucial for organizations to gain control over their expenses and track their spending in real-time. It offers several benefits beyond cost savings, such as identifying inefficient processes, maverick spend, and risk areas ..read more

At its core, procurement is designed to obtain the right goods and services at the right price and on time—but still can get pigeonholed as such ..read more