Why it is Important to Properly Manage Tail Spend – Studies and Expert Opinion, Part 2: Identifying and Segmenting Tail Spend for Better Management

In the first article in this series, we looked at a report from The Hackett Group This time around, we are having a look at a white paper from Accenture, titled Getting a Grip on Tail Spend, by Ralf Mägerle,...

March 14, 2016

Tail Spend Tail Spend Management

What is Tail Spend Management and Why Does it Matter to a Business?

Tail spend refers to all the unmanaged high-volume and low-value transactions that take place within an organization. Tail Spend Management Solutions by Simfoni actively manages maverick spending by consolidating 80% of suppliers who account for 20% of procurement spend and...

March 3, 2016

News and Events

Simfoni announces new partnership with Spend Matters

Simfoni, a leading provider of enterprise mobile apps for business, Analytics & Tail Spend Management Services recently announced it has formed a key partnership with Spend Matters. The Associate Sponsorship allows Simfoni to continue to position itself as a leader...

March 2, 2016

News and Events Tail Spend

Why it is Important to Properly Manage Tail Spend. [Part 1]

Why it is Important to Properly Manage Tail Spend. Part 1: Manage Your Tail Spend Better and Save Up to 10% on Purchasing Costs Over the last few years, the importance of managing tail spend has become a regular talking...

February 29, 2016

Spend Analysis Spend Analytics

Four Things You Should Do With Spend Analytics Data : Spend Analytics Solutions

Simfoni, a leading provider of Spend Analytics Solutions & Tail Spend Management & Analytics. Once you take the time to compile a full spend analytics report, there are many things you can do with the data you collected. Here are a...

January 7, 2016

Spend Analysis Tail Spend Management

The Challenges of Tail Spend Management – Why Corporate America Isn’t Managing Its Tail…and How We Can Start

Tail Spend Management - As market share gains become harder to realize and competition drives prices down, companies are looking to cost reduction initiatives as the easiest path to increased profits.

October 12, 2015

Savings Management Spend Analysis

Escaping the “pay less” cycle – Three alternate spend strategies to drive savings

The article discusses three additional spend “levers” that appear straight-forward on the surface but seldom get the attention they deserve, let alone reach the point where they become ingrained in corporate spending culture.

September 1, 2015

Spend Analysis Tail Spend

Understanding Tail Spend – What it is, Why you care and What’s to be done

If you’ve been reading the procurement trade publications over the past year, you will have noticed a lot of discussion about the importance of understanding and managing tail spend in large or geographically dispersed organizations. The fact that tail spend...

August 1, 2015

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