3 Ways Machine Learning Helps Manage Spend
NOT JUST A BUZZWORD—HERE ARE 3 WAYS MACHINE LEARNING HELPS MANAGE SPEND Simfoni.com Tweet When running a successful business or organization, the bottom line is everything. That’s why classifying spend and keeping track of where the money goes after it leaves your organization’s...
3 Ways Proper Spend Management Can Ease Inflationary Pressures
All companies are navigating an uncertain market due to high inflation, which challenges the traditional ways companies typically seek out savings. While inflation usually eats into their bottom line, some companies see it as an opportunity to create a competitive...
6 Ways Companies Can Overcome Supply Chain Disruptions
With the ever-increasing dependence on global supplier networks to fulfill procurement needs, companies must begin to integrate new technology into their procurement process Simfoni.com Tweet Due to multiple issues ranging from socio-economic and political issues to the pandemic, supply chains...
5 Ways to Improve Your Supply Chain Management Strategy in 2023
Bottlenecks, demand swings, and unpredictable weather brought challenges for everyone during the 2022 holiday season. Here are some takeaways and a path to better supply chain management in 2023 Simfoni.com Tweet In 2022, holiday staples such as turkey, wine and...
5 Things Procurement Should Lose in 2023
Simfoni’s COO shares his thoughts on what needs to change in procurement in the new year As an essential part of conducting business, it is critical that procurement continues to evolve to meet the needs of today. However, as things...
Food Logistics Names Simfoni a 2022 Top Software & Technology Provider for the Food & Beverage Industry
Simfoni is pleased to be named a winner of Food Logistics’ 2022 Top Software & Technology Providers award, which honors software and technology providers that ensure a safe, efficient, and reliable global cold food and beverage supply chain. Simfoni’s working...
Simfoni Partner Dulsco Wins Technology Excellence Award at 100 CPO Forum & Awards Gala
Dulsco, a people environmental and talent solutions company and one of Simfoni’s largest customers in the UAE region, recently won the Technology Excellence Award for Best Use of Digital Technology at the 100 CPO Forum & Awards Gala 2022, held...
Simfoni Acquires Xeeva, Leader in Indirect Spend Management Solutions
Acquisition places Simfoni in the ‘Global Top 10’ for AI-driven Spend Management solutions Simfoni is thrilled to announce it has joined forces with Michigan-based Xeeva, a fellow leader in AI-powered spend management and procurement technology solutions. This is Simfoni’s second...
Simfoni Listed as a Sample Vendor in 2022 Gartner® Hype Cycle™ as More Companies Turn Focus to Managing Tail Spend
Earlier this year, Simfoni was recognized in Gartner Hype Cycle for Procurement and Sourcing Solutions, 2022 as a Sample Vendor for Tail Spend Solutions, Predictive Analytics, and Procurement Savings Management. According to Gartner, clients use Hype Cycles to learn about...
Simfoni Dominates Tail Spend Management Market—Ascends to Spend Matters ‘50 Providers to Know’ List
After six consecutive years on its ’50 Providers to Watch’ list, Spend Matters has named Simfoni to the 2022 ’50 Providers to Know’ list. This recognition from an industry expert like Spend Matters is an impressive feat for Simfoni, which...
Procurement in Private Equity: The Opportunities, Challenges, & Solutions
A penny saved is a penny that can be put to work yielding larger returns for investors. Simfoni.com Tweet Smarter management of spend categories and enhanced insights of overall spend can bring immediate and robust cost savings to businesses, however,...
Best-of-Breed, Suite, or Alt-Suite? Choosing the Right Procurement Software for You
Table of Contents It’s no secret that companies are realizing the benefits of digitizing their procurement function, particularly as teams are under increasing pressure to do more with less. The efficient management of procurement processes and workflows can be valuable...
4 Quick Wins That Will Improve Your Bottom Line
How Private Equity Firms Can Find Immediate Savings Across Portcos The private equity industry has experienced unprecedented growth, however, as fears of economic turbulence persist, many firms are searching for new and innovative ways to cut costs and improve efficiencies...
Simfoni Finalists Announced for 2022 Future of Sourcing Awards
Simfoni is pleased to share that David Bush, CEO of Spend Automation, and Jonathan Wagner, Senior Manager of Spend Automation, have been named finalists in the SIG (Sourcing Industry Group) 2022 Future of Sourcing Awards in the individual categories of...
Simfoni Wins 2022 Gold “Employer of the Year” Stevie Award for Great Employers
Simfoni honored for cultivating a culture of connectivity, collaboration, and inclusion across a globally distributed workforce. Simfoni.com Tweet Simfoni is thrilled to announce it has been named the winner of the Gold Stevie® Award in the Employer of the Year...