The Power of Deglobalization: Realizing the Benefits and Navigating the Challenges with Procurement Technology
In an era marked by unprecedented global challenges, organizations are compelled to reassess their supply chain strategies. The concept of deglobalization has emerged as a powerful response to these dynamics, aiming to protect supply sources and bolster resilience. In this...
Elevating Procurement Excellence: Navigating Simfoni’s Sourcing Pipeline
Simfoni’s Stefan Dent takes the stage at ISM World to demystify the problem of tail spend. Simfoni.com Tweet In the realm of innovative procurement solutions, Simfoni’s closed-loop platform stands out as a beacon of efficiency and optimization. Today, we shine...
Simfoni Named a Sample Vendor Across Multiple Categories in the Gartner® Hype Cycle for Procurement and Sourcing Solutions, 2023
Simfoni, a leading global provider of spend management solutions, has once again been named a Sample Vendor in the Gartner® Hype Cycle for Procurement and Sourcing Solutions, 2023 In this year’s report, Simfoni has been listed as a Sample Vendor...
![Simfoni’s Powerful Procurement Dashboard: How Does it Work? [2023 Update]](https://simfoni.com/wp-content/uploads/2023/08/Simfoni-Procurement-Dashboard.jpg.webp)
Simfoni’s Powerful Procurement Dashboard: How Does it Work? [2023 Update]
At Simfoni, we’re continuously improving upon our capabilities with the mission of making procurement professionals’ lives easier. Today’s blog post will dive into some updated features of Simfoni’s revolutionary procurement dashboard in 2023—what users should expect, how it works, and...
Simfoni “Rising Star” Shines Bright as Finalist in SIG Future of Sourcing Awards
Simfoni is thrilled to announce Jen Andretta, Solutions Consultant at Simfoni, has been named a finalist for the SIG Future of Sourcing Awards in the “Rising Star” category. Simfoni Tweet “We are privileged to have such exceptional talent driving our...
Simfoni Wins Supply & Demand Chain Executive’s ‘Top Supply Chain Project’ Award
Simfoni is pleased to announce it has been named by Supply & Demand Chain Executive as one of the winners of this year’s Top Supply Chain Projects award for their ongoing work with a leading U.S. manufacturer of high-end kitchen...
Simfoni and Kearney Join Forces to Revolutionize Tail Spend Management
Simfoni’s partnership with Kearney, backed by an $8 million investment, marks a significant advancement in tail spend management technology Tweet In a significant move to transform tail spend management, Simfoni has secured an $8 million investment in a Series A-2...
Revving Up Your Procurement Process Part II: Incorporating Strategic Spend Terminal into Your P2P Solution
Welcome to part two of “Revving Up Your Procurement Process.” In this segment, we will discuss the benefits of incorporating eSourcing and Spend Analytics—also known as Simfoni’s Strategic Spend Terminal (SST)— into your supplier-funded P2P solution as a tool to...
Taming the Tail: Unlocking Tail Spend Management for Procurement Success in 2023
Simfoni’s Stefan Dent takes the stage at ISM World to demystify the problem of tail spend. Simfoni.com Tweet Last week, I had the opportunity to take the stage at the ISM World Conference in Dallas, Texas, where I discussed ‘The...
Simfoni Client Named Finalist for ‘Best Initiative to Deliver Social Value Through Procurement’ Award at CIPS MENA Conference
Simfoni takes great pride in announcing its collaboration with a UAE government organization was recognized as a finalist for the esteemed title of ‘Best Initiative to Deliver Social Value Through Procurement’ at the 2023 CIPS MENA Conference. Simfoni Tweet This...
Revving Up Your Procurement Process: How Simfoni is Driving Success for Automotive Manufacturers
As the automotive manufacturing industry continues to evolve, companies are under constant pressure to optimize their supply chain operations and reduce costs. Procurement is a critical component of this process, as it enables companies to source materials and components from...
How To Build Procurement Resilience Amidst Staffing Shortages
Embracing the transformative potential of procurement technology enables teams to build new capacities for resilience amid staffing challenges Simfoni.com Tweet The most valuable resource that procurement possesses is undoubtedly its talented workforce. It is important to recognize that staffing decisions...
Beyond the Hype: Managing Our Expectations of AI in the Age of ChatGPT
“We overestimate the impact of technology in the short-term and underestimate the effect in the long run.” – Ray Amara, Stanford computer scientist Tweet Simfoni’s Chief Technology Officer Alan Buxton shares insights into expectations around the capabilities of AI and...
4 Spend Data Differentiation Strategies That Will Set Your Company Apart
Data is one of our most important assets in 2023. Companies are using data to improve their products and services, understand their customers better, and make better business decisions. However, not all data is created equal. For companies to truly...
The Power of Strategic Sourcing: How Supplier Engagement and Technology Can Boost Your Procurement Function
Procurement is no longer just about finding the cheapest price for goods and services. Instead, it’s about finding suppliers who can provide the best value for your organization. This is where strategic sourcing comes in. What is Strategic Sourcing? Strategic...