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What is Sievo?

Transform chaotic data into valuable opportunities using an advanced analysis platform. Turn your spending data into potential savings while tracking their influence on your overall financial health. Utilize your various data sources to derive actionable insights through a state-of-the-art enterprise spend analysis tool. This not only helps you pinpoint savings opportunities but also facilitates the implementation of cost-saving initiatives, allowing you to assess their impact on your financial results. Enhance your ability to forecast future profit margins with a distinctive materials cost prediction solution that incorporates real-time spending and pricing data. The evolution of technology empowers us to handle data in innovative ways previously thought impossible. We create clean, secure, and impactful coding solutions that foster innovation across industries. Our mission is to translate the potential of tomorrow into today's commercial landscape, especially in sectors like artificial intelligence, machine learning, and big data analytics. We are committed to maintaining complete transparency with ourselves and our clients, cultivating an atmosphere of trust and collaboration. Our cutting-edge solutions enable procurement teams to engage in deeper, more insightful discussions, allowing them to make informed decisions supported by precise data analysis. This ultimately results in a procurement process that is not only more strategic and efficient but also resilient in the face of evolving market dynamics. By continuously refining our approach, we ensure that our clients are always a step ahead.

What is ProQurAI?

ProQurAI, crafted by Digicode, represents a groundbreaking approach to procurement automation that operates independently of any specific ERP systems and utilizes a range of AI agents to optimize the Source-to-Contract (S2C) process. This system works securely within company firewalls, employing nine unique autonomous AI agents that address multiple phases such as Intake, Sourcing, RFx, Evaluation, Risk, Contract, Negotiation, Spend, and Orchestration, enabling them to effectively collaborate on complex procurement workflows without relying on traditional software packages. As a result, ProQurAI drastically cuts down procurement cycle times from the usual 60 to 90 days to less than 30, streamlining RFP drafting to mere minutes while helping organizations realize annual savings of 5 to 10% through improved spend routing, enhanced negotiations, and strategic tail-spend management. It seamlessly integrates with major platforms like SAP, Oracle, and Microsoft, ensuring complete data confidentiality, the use of private LLMs, detailed audit trails, and necessary human oversight during the approval process. Furthermore, ProQurAI's flexibility allows it to adjust to various procurement needs, making it a standout solution in the rapidly changing procurement technology sector. Ultimately, its innovative design not only enhances efficiency but also empowers organizations to make data-driven decisions in their procurement strategies.

Media

Media

No images available

Integrations Supported

Box
SAP Business One

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Contact sales for a quote
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Sievo

Date Founded

2003

Company Location

Finland

Company Website

sievo.com

Company Facts

Organization Name

Digicode

Date Founded

2008

Company Location

Slovakia

Company Website

www.mydigicode.com/ai-powered-procurement/

Categories and Features

AI Procurement

Not specified

Procurement

Contract Management
Spend Management

Spend Analysis

Not specified

Spend Management

Approval Workflow
Budgeting / Forecasting
Expense Tracking
Procurement Management
Spend Analysis
Supplier Management

Categories and Features

AI Procurement

Not specified

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