Procurement Software

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

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

Simfoni’s ‘Virtuosi’ Analytics Recognized as a leader by Spend Matters

We are delighted that Spend Matters have recognized Virtuosi™ Analytics as a Leader in their latest assessment report on spend analytics. Spend Matters assesses solutions on two primary axes; an Analyst score derived from an in-depth technical review of the functionality, and a Customer score determined from feedback from actual users. … Read More

Simfoni recognized at World Procurement Awards in “Best New Procurement Technology” category

The finalists for the World Procurement Awards 2018 have been released today and we are pleased to announce that Simfoni – the spend analytics and tail spend management specialist – has been nominated in the category “Best New Procurement Technology”. … Read More

Why has Simfoni been nominated for a Best Procurement Technology Award?

The finalists for the World Procurement Awards 2018 were released this week and we are pleased to announce that Simfoni – the spend analytics and tail spend management specialist – has been nominated in the category “Best New Procurement Technology”. … Read More

Tail Spend

What Does Well-Managed Tail Spend Look Like?

In our previous post, we discussed why tail spend is important, as well as the negative impact poorly managed tail spend can have on an organisation. Obviously, a well-controlled procurement “tail” is important and will have a beneficial effect on … Read More

Spend Management

Optimization Beats Leverage

These examples demonstrate clearly that optimization benefits can be 3-5 times greater than other commercial benefits from a tail spend management program. … Read More

Spend Data

Why Most Companies Have “Dark Matter” in their Spend Data

In the 1930s, scientists discovered and started to measure the significance of invisible matter making up large amounts of the universe and everything around us. We have since learned that 96% of the actual universe is not visible and that it is comprised of 21% of “Dark Matter” that we cannot interact with. … Read More

Supplier Intelligence

Let our purpose-built supplier intelligence solutions and expert support team do the heavy lifting for you.

Supplier intelligence is basically gathering information on strategic suppliers in a specific marketplace, in order to monitor their activities and determine the risk of doing business with them. Truly understanding supplier risk requires digging a lot deeper than simply knowing who a supplier is, what they provide, and at what price. … Read More

supply chain solutions

Our Event with Procurement Expert Jason Busch was a Huge Success!

In May, we held a special event in Central London for industry leaders to explore where the procurement and supply chain sector is heading. We were pleased and honored to have Jason Busch, the founder of SpendMatters.com, join us from … Read More