Blog

Procurement Strategies

6 Strategies to Transition from a Peacetime CPO to Wartime CPO

Procurement strategies can help CPO’s make the right decisions to improve cost savings, decrease supplier risks, enhance innovation and flexibility, and heighten the influence of the procurement office throughout the company. These are times of War. Along the health front, … Read More

Solution for Spend Intelligence

Simfoni launches Spend Analytics Business Unit, Appoints Jason Stern as CEO of the Analytics and Expands US Operations to Silicon Valley

San Francisco, CA – April 28th, 2020. Simfoni Limited, a global innovator in Spend Analytics and Spend Automation, announced the appointment of Jason Stern to Chief Executive Officer Simfoni Analytics, and the opening (soon) of an additional office and moving … Read More

COVID-19 Supply Risks

Simfoni offers free mapping of your COVID-19 supply risks: Read its methodology for addressing coronavirus problems

In recent days Simfoni has developed a Covid-19 risk assessment dashboard to help its customers assess potential business impact arising from supply chain disruption. Given the acuteness of this situation we have decided to provide this dashboard on a complimentary … Read More

Spend Analytics and Spend Automation Platform

Simfoni raises $3m to accelerate US expansion of its Spend Analytics and Spend Automation Platform

Simfoni, a next generation digital solutions provider for spend analytics and buying automation, today announced that it has raised $3m in Series A financing. The investment was led by BOOST&Co, a global leader in Venture Debt with support from private … Read More

Spend Analytics Dashboard

What is Spend Analytics Dashboard

Spend Analytics Dashboard is an interactive dashboard that provides knowledge into an organization’s procurement activities and expenditures. It allows the organization to identify areas for cost reduction and process improvement. Additionally Spend Analytics Dashboard helps in the process of analyzing … Read More

Procurement Dashboard

How does Procurement Dashboard work

Tracking your business performance is the most essential aspect of progress. If you are unaware of whatever feedback your certain steps for business are bringing and you don’t have strong KPIs to track, your business is at its stake. Tracking … Read More

eWorld Procurement & Supply

Event – eWorld Procurement & Supply

Come and visit us at eWorld in London 24th September, De Vere Grand Connaught Rooms. We will be demonstrating Simfoni’s new Sourceforce product; Savings tracking, Project Management, and Procurement Knowledge and document storage. New End to end Procurement Management technology. … Read More

Tail Spend

Big Savings in Small Spend — Tales from the Tail

In the world of strategic sourcing, realizing 5 to 8% savings is considered to be impressive. After all, these are the high-spend categories and are supposedly already well-managed and frequently revisited for improvement opportunities. In contrast, when our clients work … Read More

Mid-Market Procurement

Mid-Market Procurement — The Pitfalls of Current Approaches

Mid-market companies are at a significant disadvantage when compared to larger corporations — a key finding from Simfoni’s analysis of its customers’ procurement and savings delivery capabilities in mid-market companies. It’s OK to obsess about top-line growth, but what lies beneath … Read More

How To Do Spend Analysis

How To Do Spend Analysis? – The Ultimate Guide

How to do Spend Analysis Guide by Simfoni will help you reduce expenses and provide savings delivery in the long term by helping you identify all the sources available for your spend data by category and department. The Guide also … Read More