Spend Analytics

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

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

Spend Analytics

Spend analytics’ in action and its benefits.

Spend analytics are basically focused on the improvements that are required to be made in the operational sector. Analytics is mainly the systematic data or the information that is received from that data. The hidden working that causes the big results to happen, need insights and re-examination. It is just because of the spend analytics that are created skillfully, the company is able to check the things that do more harm than good. Whether it is the understanding of the data or controlling the costs to increase the level of profits, it is all known with the help of spend analytics. … Read More

Spend Analysis

Why Data is at the Core of Spend Analysis Success

In the world of spend analytics, gathering accurate data is of utmost importance. However, gathering correct data, although it should be relatively intuitive, is difficult process, and piecing it together is far from an easy task. … Read More

Spend Analytics

Improve your control over procurement spend with our intelligent mobile spend analytics solutions.

Today’s companies are spending more and more of their overall revenue on procurement from third parties. As a result, their supplier bases become ever more complex (often spanning several countries). This makes it critically important to actively and carefully manage … Read More

Spend Analytics

Top 3 Reasons Why Procurement Can Immediately Benefit From Reviewing Its Approach To Spend Analytics Right Now

We are increasingly living and doing business in a data-driven environment. This trend has affected the procurement sector as much as, or in some cases even more so, than any other business activity, and has brought with it tremendous opportunities for increased efficiency. … Read More

Spend Analytics Tool

Our SaaS Spend Analytics Tools Have Officially Been Approved by the Crown Commercial Service

As a leading provider of analytics and enterprise apps for procurement & supply chain, Simfoni is excited to announce that they were recently approved as a supplier of SaaS Spend Analytics Tool & solutions by the Crown Commercial Service. … Read More

Spend Analytics

3 Ways Using Spend Analytics will Increase Your Procurement Efficiency

Most businesses, especially those with a business model that has a substantial purchasing element, can benefit from the implementation of a spend analytics system. Spend analysis is a process in which purchasing expenditure data is collected, organized, and analyzed in … Read More

Manage Tail Spend

Why it is Important to Properly Manage Tail Spend – Studies and Expert Opinion, Part 1: Manage Your Tail Spend Better and Save Up to 10% on Purchasing Costs

Over the last few years, the importance of managing tail spend has become a regular talking point among business managers and owners. This issue is especially relevant to businesses in which procurement plays an important role in the company’s overall … Read More

Spend Analytics Solutions

Four Things You Should Do With Spend Analytics Data : Spend Analytics Solutions

Simfoni, a leading provider of Spend Analytics Solutions & Tail Spend Management & Analytics. Once you take the time to compile a full spend analytics report, there are many things you can do with the data you collected. Here are a … Read More