SIMFONI BLOG
Simfoni Named a 2020 Spend Matters Provider to Watch
Spend Matters once again named Simfoni Analytics in its prestigious, 7th annual “50 Providers to Know/50 Providers to Watch,” list for an impressive fifth consecutive year. Spend Matters compiles the top 50 list from its Almanac containing 450+ vendor descriptions...
Simfoni recognized as a leading vendor for the 5th year in succession
Spend Matters verified Simfoni Analytics as a Solution Map Leading Vendor for a remarkable third consecutive year. The Spend Matters Solution Map validation designates Simfoni Analytics as a trusted, leading vendor in procurement software applications and technologies for procurement professionals....
6 Strategies to Transition from a Peacetime CPO to Wartime CPO
Procurement strategies can help CPO’s make the right decisions to improve cost savings, decrease supplier risks, enhance innovation and flexibility, and heighten the influence of the procurement office throughout the company. These are times of War. Along the health front,...
Simfoni launches Spend Analytics Business Unit, Appoints Jason Stern as CEO of the Analytics and Expands US Operations to Silicon Valley
San Francisco, CA – April 28th, 2020. Simfoni Limited, a global innovator in Spend Analytics and Spend Automation, announced the appointment of Jason Stern to Chief Executive Officer Simfoni Analytics, and the opening (soon) of an additional office and moving...
Simfoni offers free mapping of your COVID-19 supply risks: Read its methodology for addressing coronavirus problems
In recent days Simfoni has developed a Covid-19 risk assessment dashboard to help its customers assess potential business impact arising from supply chain disruption. Given the acuteness of this situation we have decided to provide this dashboard on a complimentary...
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...
What is Spend Analytics Dashboard
Spend Analytics Dashboard is an interactive dashboard that provides knowledge into an organization’s procurement activities and expenditures. It allows the organization to identify areas for cost reduction and process improvement. Additionally Spend Analytics Dashboard helps in the process of analyzing...
How does the Simfoni Procurement Dashboard work
How do procurement dashboards help companies in any industry track KPIs, perform spend analysis, identify savings opportunities and implement cost reduction strategies to improve their business? Improve Compliance Rate The compliance rate is how completely companies fulfill their contractual agreements...
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....
Big Savings in Small Spend — Tales from the Tail
In the world of strategic sourcing, realizing 5 to 8% savings is considered to be impressive. After all, these are the high-spend categories and are supposedly already well-managed and frequently revisited for improvement opportunities. In contrast, when our clients work...
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...
How To Do Spend Analysis? – The Ultimate Guide
How to do Spend Analysis Guide by Simfoni will help you reduce expenses and provide savings delivery in the long term by helping you identify all the sources available for your spend data by category and department. The Guide also...
Simfoni Named a 2019 Spend Matters Provider to Watch
The recognition highlights the innovation Simfoni has been able to bring to the procurement space. Vitesse and Sourceforce, underpinned by Virtuosi are category-defining products, loved by its users for the efficiency and cost improvement it brings.
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...
Simfoni is recognized for the second time at World Procurement Awards in “Best New Procurement Technology” category.
Procurement Leaders have announced the finalists for the World Procurement Awards 2019 and Simfoni has been listed for the second time as the best new procurement technology in the "Procurement Technology" Category.