Products

Spend Analytics

AI-Powered Spend Analytics
Faster. More Efficient. Better Quality Data.

Simfoni’s AI-powered spend analysis software rapidly delivers detailed, accurately classified, spend data from multiple sources. The out-of-the-box dashboards provide actionable insights to easily identify costs savings, supplier risk and supply chain optimization. We automatically generate detailed Opportunity Assessments and Wave Plans. Ready to take advantage of actionable insights and realize savings?

See the Savings

Achieve 100% Spend Visibility Using
Procurement Expertise Machine Learning Artificial Intelligence for More Procurement Savings

Spend Analysis Data Managemenr

DATA MANAGEMENT

Realize the full value of Spend Analysis, with clean, accurate, rich data.

Simfoni uses the power of AI Machine Learning and Natural Language Processing to automate loading and data refresh processes. Our AI automatically validates, cleans, and classifies data from many sources, including Invoice line items, Purchase Order details, P-Card and Travel. Simfoni Analytics enables you to analyze 100% of spend–direct and indirect-from all your systems.

SPEND VIZUALIZATION

See your spending in a whole new way.

Granular data leads to drill-down charts that illuminate spend in ways you didn’t think possible. Out-of-the-box, configurable, dashboards quickly provide insights into all areas of procurement allowing you to manage spend and supplier risk across all parts of the organization.

Spend Analysis
OPPORTUNITY ASSESSMENT

AUTOMATED OPPORTUNITY ASSESSMENT

Get a detailed wave plan quickly, saving weeks and months.

Simfoni’s Opportunity Assessment is based on our years of procurement experience and 100’s of customers. We compare your detailed spend data with our proprietary benchmark pricing data and proven industry data instantly identifying savings opportunities. We generate a detailed list of sourcing events and a wave plan for your procurement team to execute and achieve tangible savings. 

Extract the most out of data to shrink your bottom line.

We are in the procurement business, just like you.

Simfoni Spend Analytics was originally built to help us manage all of our customers’ spend (direct and indirect) more easily. If you might need more help than just analytics, come talk to us. Simfoni offers a full-featured sourcing solution to assist with all your procurement needs.

STILL DON’T BELIEVE? SEE IT FOR YOURSELF.
Supplier Diversity Dashboard

Schedule a Demo

See for yourself, what AI can do for Spend Analytics.