Blog

eWorld Procurement & Supply

Event – eWorld Procurement & Supply

Come and visit us at eWorld in London 24th September, De Vere Grand Connaught Rooms. We will be demonstrating Simfoni’s new Sourceforce product; Savings tracking, Project Management, and Procurement Knowledge and document storage. New End to end Procurement Management technology. … Read More

Tail Spend

Big Savings in Small Spend — Tales from the Tail

In the world of strategic sourcing, realizing 5 to 8% savings is considered to be impressive. After all, these are the high-spend categories and are supposedly already well-managed and frequently revisited for improvement opportunities. In contrast, when our clients work … Read More

Mid-Market Procurement

Mid-Market Procurement — The Pitfalls of Current Approaches

Mid-market companies are at a significant disadvantage when compared to larger corporations — a key finding from Simfoni’s analysis of its customers’ procurement and savings delivery capabilities in mid-market companies. It’s OK to obsess about top-line growth, but what lies beneath … Read More

SpendMatters Top 50 to Watch 2019

Simfoni Named a 2019 Spend Matters Provider to Watch

The recognition highlights the innovation Simfoni has been able to bring to the procurement space. Vitesse and Sourceforce, underpinned by Virtuosi are category-defining products, loved by its users for the efficiency and cost improvement it brings. … Read More

Spend Matters 2019 Almanac

Simfoni recognized as a leading vendor for the 4th year in succession.

The Spend Matters 2019 Almanac has been released today and Simfoni is delighted to announce that – for the 4th year in succession – it has been recognized in the “Top 50 to Watch” category amongst leading technology vendors in the eProcurement sector. … Read More

Procurement Technology

Simfoni is recognized for the second time at World Procurement Awards in “Best New Procurement Technology” category.

Procurement Leaders have announced the finalists for the World Procurement Awards 2019 and Simfoni has been listed for the second time as the best new procurement technology in the “Procurement Technology” Category. … Read More

What Exactly Is in the Tail Spend?

What Exactly Is in the Tail Spend?

At a headline level, I think most procurement folks are now familiar with the concept of tail spend: the low-value spend items that are non-core but still essential to the smooth operation of an organization. … Read More

Analytics Webinar

Analytics Webinar

In this webinar, you will learn how Serco uses analytics around contracts, bid support, benchmarking, ethics and more to support business decisions — and the resulting business benefits. … Read More

Spend Data

How Serco Has Used Spend Data to Generate Business Value

Spend data is a gold mine of valuable information for improving the procurement process as well as driving enterprise-wide decision-making. FTSE 100 services provider Serco learned this first hand when it engaged Simfoni, a provider of spend analytics tools, to change the way it gathered, presented and analyzed its data. … Read More

Business Case for Spend Analytics

ROI, Today: Making the Near-Term Business Case for Spend Analytics

Most varieties of procurement software deliver some form of return on investment. Whether it’s an e-procurement system that consolidates process costs or a sourcing tool that optimizes supplier selection, successful vendors can always point to clear ways their solutions deliver … Read More