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.
The World Procurement Awards are the most celebrated and sought-after awards in procurement, recognizing the most impressive procurement projects, people, and organizations across the globe.
The 2019 World Procurement Awards received a record number of entries from some of the most influential companies across 36 countries for our 12th annual awards.
Simfoni has been shortlisted in the category “Best New Procurement Technology” for its submission relating to Vitesse – Vitesse™ tail spend management solutions features a powerful combination of technology, expertise & sourcing network. Using predictive buying algorithms, Vitesse has delivered up to 23% in savings and over 30% in supplier reduction to its clients. Our guided buying module which includes marketplace consists of pre-negotiated deals on a vast range of categories and 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.
The independent regional judging panels were highly impressed with the quality of this year’s submissions.
The winners will be announced at a prestigious awards ceremony on 16 May 2019 at the Intercontinental London, The O2. The ceremony will bring together over 1,000 of procurement’s elite and close out the inaugural World Procurement Week, following the new Indirect Category Leadership Forum and industry-leading World Procurement Congress.
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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. Its regional headquarters are in Chicago, Dubai, London, and Melbourne. www.simfoni.com
About Procurement Leaders
Founded in 2004, Procurement Leaders™ is the world’s most valued professional procurement network. A unique and vital destination that connects, inspires and accelerates our members to become more successful. Powered by a community of over 700 leading global corporations and 27,000 senior procurement, sourcing, and supply chain executives, we accelerate our member’s journey to superior performance, providing access to the in-depth insight, practical tools, and expert guidance they need to transform procurement into a critical business driver. For more information about Procurement Leaders, visit www.procurementleaders.com