AI-Powered Spend Analytics: From Raw Data to Strategic Savings in 5 Weeks

Index 

1. Burgundy + Sievo: Unlocking Procurement Savings with AI Analytics 

2. From Reports to Real Time Decision 

3. Why AI Is a Game-Changer in Procurement Efficiency 

4. Speed Is the Competitive Advantage Procurement Needs 

5. From Raw Data to Action in 5 Weeks 

6. Next Steps
   

What if your procurement team didn’t have to wait months to spot savings opportunities? 

What if every pricing inconsistency, off-contract purchase, or fragmented supplier relationship surfaced the moment it happened? This isn’t a theoretical scenario. It’s what’s already happening in organizations that have embraced real-time, AI-powered spend analytics and procurement intelligence. And for companies that haven’t - the opportunity cost is growing by the day.

1. Burgundy + Sievo: Unlocking Procurement Savings with AI Analytics 

At Burgundy, we work with procurement and finance leaders who are challenged to deliver savings, manage risk, and align with broader business goals - often with limited resources and disconnected data. 

That’s why we are thrilled to announce our partnership with Sievo, a global leader in procurement analytics. Together, we offer a powerful solution that combines industry-leading technology with expert consulting to help companies unlock the full potential of their procurement data. 

This isn’t just about deploying a new tool; it’s about equipping procurement teams with the clarity, agility, and measurable impact needed to drive results every day.

Our white paper provides a comprehensive overview of this approach: 

Unlocking Hidden Savings: The Quantum Leap of AI-Powered Procurement Analytics 

2. From Reports to Real-Time Decisions 

Let’s face it: traditional procurement reporting is slow, static, and backward-looking. 

Many teams spend the majority of their time just preparing data: pulling from multiple ERPs, cleaning spreadsheets, manually categorizing spend. By the time the analysis is done, the business has moved on, and the insight is outdated. 

Real-time analytics flips the model. Instead of chasing yesterday’s numbers, procurement teams gain a live, always-on view of spend across categories, suppliers, regions, and business units. Dashboards update continuously as new data flows in - insights are no longer hidden in spreadsheets. 

The result? Procurement becomes more responsive, strategic, and aligned with the pace of the business. No more waiting for quarter-end to spot inefficiencies. No more “we could have saved, if only we’d seen it sooner.” 

We unpack this shift - and its impact - in the white paper, with practical examples of how real-time analytics transforms procurement from reactive to proactive. 

3. Why AI Is a Game-Changer in Procurement Efficiency 

AI isn’t just about automating data tasks: it’s about enhancing visibility and decision-making in ways humans can’t match. 

Procurement data is notoriously messy. Supplier names vary across systems. Spend categories are inconsistent. Unstructured data like invoice text or contract terms often go untouched. This makes it nearly impossible to get a full, accurate picture of spending - especially on a scale. 

AI changes that. With machine learning models trained on millions of transactions, spend analytics platforms can: 

• Automatically clean and classify spend data with over 94% accuracy; 

• Detect anomalies in pricing, volumes, and supplier behavior; 

• Integrate unstructured data (like PDFs and emails) into the analysis; 

• Spot patterns that indicate risk, inefficiency, or untapped opportunity. 

For example, AI might flag that two departments are buying the same item from different suppliers - at different prices - creating a clear opportunity for consolidation and savings. Or it might highlight payment terms that are shortening without approval, affecting cash flow. These aren’t insights buried in quarterly reports. They surface in real time - and become actionable immediately.

We go into detail in the white paper on how AI enables this level of visibility and what organizations are doing with it. 

4. Speed Is the Competitive Advantage Procurement Needs 

Procurement leaders know that opportunities don’t last forever. A few days of delay can mean the difference between a negotiated discount and a missed window. A slow response to supplier risk can mean business disruption, higher costs, or reputational damage. That’s why speed matters - not just operationally, but financially. 

Real-time analytics empower procurement teams to: 

• Spot and act on savings opportunities before they expire; 

• Identify maverick spend and redirect it quickly; 

• Monitor supplier performance in near real-time; 

• Simulate sourcing scenarios and forecast impact before committing. This agility enables teams to make smarter decisions - faster and with greater confidence. In fact, companies using these capabilities report 3–11% annual savings on average, often achieved within months. 

In the white paper, we illustrate how faster insights lead to faster results and how companies are transforming decision-making across the entire procurement lifecycle. 

5. From Raw Data to Action in 5 Weeks 

One of the biggest misconceptions about advanced analytics is that it takes forever to implement. The truth? With the right approach, organizations can go from fragmented data to strategic insight in just 5 weeks. Through our joint offering with Sievo, we deliver a structured, high-impact spend analytics transformation program that includes: 

• Automated data extraction from ERP and finance systems;

• AI-powered spend classification and enrichment;

• Tailored dashboards for CPOs, CFOs, and category managers;

• Identification of actionable savings and risk insights;

• A clear roadmap for execution and measurable ROI. All this with minimal IT effort and a fixed investment, giving your team clarity and immediate decision-making power.  The full 5-week model - including methodology and case studies - is detailed in our white paper. 

6. Next Steps

Your procurement data holds enormous value, but only if you can see it, understand it, and act on it in time. Real-time, AI-powered analytics isn’t just about better reporting. It’s about empowering procurement to lead with faster decisions, greater confidence, and measurable results. 

So instead of asking “what if?” - maybe the real question is: 

“How soon can we start?”

→ Want to explore this topic in depth? 

Download our white paper: 

Unlocking Hidden Savings: The Quantum Leap of AI-Powered Procurement Analytics

→ Ready to see measurable results in just 5 weeks? 

Explore our fixed-price, high-impact 5-Week Spend Cube Project - a rapid transformation designed to deliver insights, savings, and strategic alignment.

Learn more and speak with our team.