Savings Tracking
Procurement Performance
Pipeline Management
Stop searching, start saving.
Provalido. Procurement performance software.
Provalido is now part of Sievo, enabling us to expand our offering to provide enhanced procurement performance management with integrated spend & ESG analytics, financial planning and analysis tools. Read more here.
Provalido Insights: Financial Benefit Types
Know your cost reduction from your cost avoidance? Is cost avoidance even a real saving? Our report explains the 16 different types of financial value that procurement can deliver and analyses their use in our platform.
See how it works:
Generate ideas
Enter ideas for cost reduction or other added value into Provalido. Collaborate with stakeholders or suppliers if you wish. Start the procurement savings tracking process.
Feed the funnel
Once an idea is verified, convert this to a project and build a funnel, or pipeline, of savings opportunity. Organisation or personal targets can also be entered.
Manage initiatives
Provalido contains several project management tools to keep you in control - project plans, checklists, custom fields, as well as numerous workflow controls.
Get approval
Provalido allows you to submit projects for approval at the appropriate stages. This could be procurement, finance or stakeholder approval. It's up to you.
Report the benefits
Our powerful reporting engine allows you to build, save and share reports and dashboards showing savings, non-financial benefits, performance against target etc., split any way you want with full drill-down capability and all changes tracked. Have instant insight at your fingertips.
Schedule a live demo
In just 30 minutes, you'll gain a comprehensive understanding of the system and have the opportunity to address any questions you may have.