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 vendors in the eProcurement sector.
The Spend Matters Almanac is truly the Who’s Who of technology companies in the procurement industry and, for many, the Top 50 to Watch offers a selection of the up and coming players that offer potentially the most disruptive solutions for the next era of Procurement innovation. Read More:- What is Procure to Pay – A Guide to Procure-to-Pay (P2P) Process
Simfoni, with its Analytics and Tail Spend Management suite of products, has once again been shortlisted in the category of leading vendors driving technology innovation and thought leadership. Read More: – What is Source to Pay – A Guide to Source to Pay (S2P) Process
Chirag Shah, Chairman of Simfoni commented,
“We are so pleased to be recognized in the Spend Matters Almanac. I believe Simfoni is unique in being the only procurement vendor to be ranked 6 years consecutively in the ‘50 To Watch’ listing of the most disruptive vendors in the industry. The market is really moving strongly toward the duality of our Spend Intelligence and Spend Automation solutions.”
On the announcement of this news, Spend Matters analyst team lead, Nick Heinzmann, expressed that:
“Never has procurement technology been more front of mind for businesses. With companies heavily scrutinizing their supply chains and bottom lines to protect against volatility, the procurement technology space has in 2021 gained only greater notoriety — from customers and investors alike.
“In the context of global shocks, an innovative new take on what ‘source-to-pay‘ includes and an urgent re-evaluation of what businesses should value beyond the balance sheet, we’re pleased to present Spend Matters’ annual ’50 Providers to Know’, ‘50 Providers to Watch’ and ‘Future 5’ listees, determined by the entire Spend Matters analyst team to represent the best of the technology providers that serve procurement, finance and supply chain organizations.”
Join us in celebrating this achievement for the 6th time.