Spend Analytics

Spend Automation Platfom

Simfoni raises $3m to accelerate US expansion of its Spend Analytics and Spend Automation Platform.

Simfoni, a next generation digital solutions provider for spend analytics and buying automation, today announced that it has raised $3m in Series A financing. The investment was led by BOOST&Co, a global leader in Venture Debt with support from private … Read More

Spenf Analytics Tech selection Q&A

Tech selection Q&A: ‘I was like the most hated guy in the office for a while’

Tech selection requires evaluating a lot of procurement software vendors before making a choice, and our coverage typically focuses on the early part of the process to help companies buy a solution that’s the right fit for their needs. But … 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

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

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

Savings Management

Savings management in a firm. How a savings software helps in it?

Savings management in terms of finances is termed as the forecasting or estimation of the savings on the basis of plans carried out under every activity. Every firm keeps aside a definite amount of transaction or returns which are called savings. Saving management in a firm is the result of combined efforts from both the suppliers and customers. … Read More

Data Analytics

Event – Best Practice in Analytics Roadshow – Sponsored by Simfoni

The event will include in-depth case study and sharing of best practice. It is for senior management executives to better understand what their data means and how to use it in their decision making. … Read More

Procurement

When is Reality of Global Procurement Illusion?

The scientific community that is working on answering the question of “what is our reality — the universe — made of?” is increasingly coming to the conclusion that the underlying matter of particles, that make up our reality appear to … Read More