The Road to SOC2 through Controls that build trust

SOC2 tests compliance on a few trust principles namely Security, Availability, Processing Integrity, Confidentiality and Privacy of data. Some basics about SOC2 (Service Organizational Control ver 2) is that it is a compliance standard set by AICPA(It is the body...

February 21, 2022

Engineering

Tech from Startup to Scale up – Strangulating the Monolith

If you are an early stage startup you will start with something small and a single piece of software that proves your idea. Scale and complexity are not on your mind and your first few customers are there to help...

February 3, 2022

Spend Analytics Webinars

On-Demand Webinar – Simfoni Module Showcase: Payment Terms

Payment terms can have a huge impact on your bottom line, but figuring out how and how often you are paid with so much data can be a time-consuming and headache inducing burden. That’s where we come in. With Simfoni’s...

February 1, 2022

Engineering

Estimation and Velocity of Engineering Delivery

Estimation and Velocity are serious unsolved industry problems. It applies to us very much but we are not alone.There are 3 distinct factors that determine how quickly you can deliver a feature and how accurately you can estimate the delivery....

February 1, 2022

Business Impact Analysis

The Value of Quantitative Impact Assessments

In the past decade, Corporate Social Responsibility (CSR) initiatives have become more visible within most large companies. Many businesses have already established new policies and practices to improve their impact on Environmental, Social, and Governance (ESG) externalities, as part of...

January 24, 2022

News and Events

Simfoni Acquires EC Sourcing Group, Further Accelerating Growth and Momentum

Simfoni, a leader in digital procurement solutions, partners with a prominent supplier of eSourcing and award optimization solutions to create market leadership in strategic sourcing technology. Tweet Simfoni – the world’s most accessible digital procurement vendor, has started the new...

January 9, 2022

Tail Spend

5 Tips for Getting Your Tail Spend Under Control

When procurement professionals debate tail spend, they are often referring to non-strategic purchases that account for 10%-20% of an organization’s indirect spend. Large global enterprise businesses often have thousands of low throughput ‘tail’ suppliers supplying low-value purchase items, from copy...

December 24, 2021

Procurement Technology

The Uberization of Procurement Tech

This article is for: CEOs, CFOs, and CPOs trying to do more with less, looking to identify and unlock hidden value in their businesses or drive digital transformation without large budgets. Topics Covered: Procurement Strategy, Immediate ROI, Consumption-based Pricing, Uberzation...

December 14, 2021

News and Events Tail Spend

Simfoni Spend Automation Recognized as a Digital Procurement Pioneer by ProcureTech 100

Simfoni just announced its inclusion in the ProcureTech 100 – a listing of enterprising digital procurement pioneers – for its leadership and expertise in Spend Automation and Tail Spend Management. Another win added to the Simfoni belt! Much like Simfoni,...

November 21, 2021

News and Events

Simfoni Named Leader in Spend Analytics, Launches New Product Capabilities

Today, Simfoni has been named a leader by Spend Matters for Spend Analytics in the Fall 2021 Spend Matters SolutionMap. Simfoni is a next-generation digital solutions provider for procurement intelligence and spend automation, and news like this comes as no...

November 2, 2021