SIMFONI BLOG
On-Demand Webinar – Simfoni Module Showcase: Payment Terms
Payment terms can have a huge impact on your bottom line, but figuring out how and how often you are paid with so much data can be a time-consuming and headache inducing burden. That’s where we come in. With Simfoni’s...
The Value of Quantitative Impact Assessments
In the past decade, Corporate Social Responsibility (CSR) initiatives have become more visible within most large companies. Many businesses have already established new policies and practices to improve their impact on Environmental, Social, and Governance (ESG) externalities, as part of...
Simfoni Acquires EC Sourcing Group, Further Accelerating Growth and Momentum
Simfoni, a leader in digital procurement solutions, partners with a prominent supplier of eSourcing and award optimization solutions to create market leadership in strategic sourcing technology. Tweet Simfoni – the world’s most accessible digital procurement vendor, has started the new...
5 Tips for Getting Your Tail Spend Under Control
When procurement professionals debate tail spend, they are often referring to non-strategic purchases that account for 10%-20% of an organization’s indirect spend. Large global enterprise businesses often have thousands of low throughput ‘tail’ suppliers supplying low-value purchase items, from copy...
The Uberization of Procurement Tech
This article is for: CEOs, CFOs, and CPOs trying to do more with less, looking to identify and unlock hidden value in their businesses or drive digital transformation without large budgets. Topics Covered: Procurement Strategy, Immediate ROI, Consumption-based Pricing, Uberzation...
Simfoni Spend Automation Recognized as a Digital Procurement Pioneer by ProcureTech 100
Simfoni just announced its inclusion in the ProcureTech 100 – a listing of enterprising digital procurement pioneers – for its leadership and expertise in Spend Automation and Tail Spend Management. Another win added to the Simfoni belt! Much like Simfoni,...
Simfoni Named Leader in Spend Analytics, Launches New Product Capabilities
Today, Simfoni has been named a leader by Spend Matters for Spend Analytics in the Fall 2021 Spend Matters SolutionMap. Simfoni is a next-generation digital solutions provider for procurement intelligence and spend automation, and news like this comes as no...
On-Demand Webinar – How to Gain Control and Save on your Indirect Spending
Indirect spend is easy to overlook. Some areas can be taken for granted and seem difficult to control, but effective and innovative cost control measures can enable companies to realize significant savings. Watch a distinguished panel of Finance and Procurement...
What is Business Impact Analysis? Why and How it is Implemented?
Business Impact Analysis is a method to predict the consequences of disruptions to a business and its processes or systems by collecting relevant data that can be used to develop strategies for the business to recover in the case of...
Webinar – Supplier Diversity Strategies for the Education Sector
Watch Huron, Simfoni, and TealBook in a lively discussion on Supplier Diversity Strategies for the Education Sector. Panelists consist of Lisa Westgate, Director of Community, TealBook. Derek Smith, Managing Director from Huron, and Jason Stern, CEO of Simfoni Spend Analytics, Simfoni,...
Simfoni recognized as a leading vendor for the 6th year in succession
The Spend Matters 2021 Almanac has been released earlier this week and Simfoni is delighted to announce that – for the 6th year in succession – it has been recognized in the “Top 50 to Watch” category amongst leading technology...
How to Quickly and Successfully Manage Indirect Spend
In a recent article in Forbes “Follow the Money: Five Ways to Improve Your Bottom Line By Taking a Closer Look at Spending Habits.” Jason Stern outlined the key areas to focus on to improve profitability through Spend Management. Building...
Simfoni Continues Strong Growth and Gears Up for Expansion
Simfoni Attracts Top Industry Talent to Bring Spend Analytics and Automation Platform to Global Markets Simfoni, the next-generation digital solutions provider for procurement analytics and spend automation, today announced its continued growth and momentum with new additions to its senior...
Can companies REALLY ‘do more with less’ and still thrive?
This article is for: CEOs, CFOs and CPOs trying to do more with less, looking to identify and unlock hidden value in their businesses or drive digital transformation without large budgets. Topics Covered: Procurement Strategy, Immediate ROI, Spend Analytics/Intelligence, Private...
Simfoni Appoints Dan Quinn as General Manager of Middle East Region
Dubai, UAE – August 2nd, 2021. Simfoni Limited, a global innovator in Spend Analytics and Spend Automation, announced the appointment of Dan Quinn to General Manager of Middle East Region. This quarter we announced that we’ve closed a $15M round...