One of the world’s leading Fast-Moving Consumer Goods companies has partnered with Sievo to standardize savings tracking and analytics across global operations. Headquartered in the US, the FMCG giant sought to align savings processes across multiple business units and regions as well as more tightly integrate finance to the savings recognition process as part of their procurement transformation journey.
“Even the best organizations miss out on savings opportunities and underreport Procurement’s impact when they run savings projects in Excel or other disparate systems. Our Savings Lifecycle solution takes away the process friction and provides the essential link between procurement and finance to prove real impact on the bottom line” commented CEO of Sievo Inc. Johan-Peter Teppala.
Will Binder, Head of Business Development for Sievo in the Americas saw two reasons why Sievo was chosen: the technology and procurement expertise. “We've helped them to define a standard process for savings project execution globally, and provided the technology that allows them to execute on that process. One system, one version of the truth trusted by both Procurement and Finance."
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