Simfoni recognized as a leading vendor for the 5th year in succession

Procurement Software
Simfoni

Simfoni

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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.

Simfoni Analytics CEO Jason Stern issued a statement applauding the efforts of the Simfoni team:

“I’m incredibly proud of the Simfoni Analytics team’s continued efforts in delivering industry-leading spend analytics solutions to procurement professionals. It’s a difficult space to compete in where hundreds of providers attempt to innovate and solve complex problems quickly.  Gaining recognition from Spend Matters’ for a third consecutive year as a Solution Map Leading Vendor in 2020 speaks to the great minds and talents of our team. At Simfoni we possess an unwavering commitment to innovation to provide our customers with the procurement technology they need to ensure their business performs at their absolute best. I’m thankful for our customers’ continued trust in our solutions as we continue to strive to improve the procurement experience.”  

The Spend Matters’ Solution Map provides in-depth solution provider rankings, which helps procurement professionals track market developments and disruptors, assess provider capabilities and utilize best-fit provider shortlists.

Spend Matters also featured Simfoni Analytics in its seventh annual “50 Providers to Know/50 Providers to Watch,”  list for an extraordinary fifth consecutive year. The accolades from Spend Matters mark an impressive start to 2020 for Simfoni Analytics as they expand their services in Silicon Valley, opening a new office in San Francisco’s SoMa district. Jason Stern will lead the US organization as CEO to further expand operations and services in the US market.

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 Analysis 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

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