Simfoni Named a 2020 Spend Matters Provider to Watch

Procurement Technology
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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 across 25 service/technology categories as well as Spend Matters’ unbiased reviews and related articles. It’s a valuable resource procurement practitioners and professionals consult for intel on industry-leading procurement service providers.

Simfoni CEO Jason Stern issued a statement praising the collective efforts of the Simfoni team:

“Once again I’m delighted that Simfoni is featured on the list of top 50 procurement technology vendors to watch by Spend Matters for a fifth year in a row.  Procurement technology is a highly competitive space with hundreds of providers trying to innovate and quickly solve complex problems. Our company has spent half a decade on this list and it speaks to the continued, dedicated contributions Simfoni has made to innovation in the industry. I credit the brilliant team at Simfoni whose unwavering drive, dedicated mindset and strive for perfection were instrumental in developing these category-defining products and earn continued recognition from Spend Matters. I am also grateful to our wonderful customers whose faithful trust in our solutions allow us to continually deliver productivity improvements in their organizations.”

Spend Matters’ 2020 Almanac listing follows Simfoni’s announcement it’s expanding into Silicon Valley, establishing a new office in downtown San Francisco’s bustling SoMa district. The SF office will officially open soon under the discretion of state officials’ COVID-19 safety protocols. Simfoni continues to operate internationally through its regional headquarters in London, Chicago, Melbourne and Dubai.

About Simfoni Group: –

Simfoni delivers next-generation digital transformation through spend analytics & buying automation. Simfoni’s mission is to combine Technology, Content and Enablement Services that work seamlessly to drive operational improvement and unparalleled savings.

Solutions:

Spend Analytics: – Simfoni offers a new breed of Machine Learning enabled Spend Analytics built for procurement professionals by procurement professionals. Our proprietary analytics platform helps organizations gain insights from their data and unearths savings using machine learning and interactive visualizations. Request a spend analysis demo.

Spend Automation: – Simfoni spend automation features a powerful combination of technology, expertise and sourcing network. Using predictive buying algorithms, we have delivered up to 23% in savings and over 30% in supplier reduction to our clients. Our guided buying module which includes a marketplace consisting of pre-negotiated deals in a wide variety of categories and from many listed suppliers. We help our clients go from a long, non-addressed tail spend to a compressed, well negotiated and managed spend; reducing suppliers and transactions, improving savings and eliminating risks.

Savings Management: – Sourceforce App helps you transform the way you plan, manage and report your procurement savings. Sourceforce App has built-in analytics and reporting functionality for Procurement Project Management and Savings Tracking. With a push of a button, you can clone projects, save them as templates and collaborate with your team. Learn how Sourceforce helps you track and deliver savings when it matters the most.

Simfoni teams are located globally. Let us know more about your requirements and we can usually arrange a demo of our platform within 24 hours. To learn more, visit Simfoni.com