Increase Spend Impact
without Diverting Focus from the Most Strategic Spend
Discover AI-enhanced opportunities concealed in the long tail of spend and empower the enterprise with democratized buying and increased spend visibility.
Simfoni Spend Automation helps you bring more spend under management - regardless of your operating model
Actionable Spend Transparency
Our AI-powered analytics offer real-time visibility and actionable insights, enabling you to identify and manage tail spend effectively.
Managed
Marketplace
Access a curated marketplace, managed by Simfoni, to streamline your procurement process, ensuring quality and compliance while enhancing efficiency.
Streamlined Supplier Payments
Optimize your supplier relationships and payment terms, closing the loop on tail spend management from requisition to payment.
There are many reasons spend ends up in the long tail, and therefore a multi-faceted solution is required to better facilitate those transactions.
With a modular, plug and play solution that can easily integrate with legacy systems, Simfoni’s delivers a powerful solution to help combat the root causes of tail spend across the enterprise.
Facilitating supplier payments and sourcing makes it possible for procurement to close the loop on tail spend, guiding transactions that have evaded management in the past and preventing the initiation of rogue purchases in the future.
Catalog Management
With an ecommerce-like front end and robust data management back end, all users can be equally supported and empowered.
Pay-as-You-Save Pricing
Simfoni’s unique Pay-as-You-Save (PAYS) commercial model allows you to transform procurement using technology funded through savings.
One Vendor
Simfoni One Vendor offers invoice batching, consolidation, and transparent payments, boosting procurement efficiency and streamlining vendor management within the tail.
Managed Marketplace
A curated selection of suppliers ensures compliance, quality, and efficiency, streamlining your procurement process through a user-friendly platform.
Global Service Delivery
Simfoni's worldwide service capabilities ensure that solutions are tailored to meet diverse requirements, offering seamless support and integration no matter the location.
BuyDesk
Assist procurement teams in their effort to track KPIs, perform spend analysis, identify opportunities to save, and implement cost reduction strategies.
Invoicing & Payments
Simplify the process of managing supplier invoices and payments while increasing visibility into the process for maximum clarity and trust.
AI-Driven Process Optimization
Leverage artificial intelligence and machine learning to streamline procurement processes, reduce cycle times, and increase adoption rates across the organization.
Powerful Analytics
Bring fragmented transactions back to the core by routing all spend through analytics for optimal management and oversight
- Bring more spend under management
- Eliminate maverick spending
- Identify opportunities for supplier consolidation
- Negotiate better pricing with existing vendors
- Reduce time spent on purchasing and invoicing
- Increase spend compliance
- Enhance supplier relationships
- Improve payment terms
- Increase visibility into spending patterns
- Reallocate resources to focus on more strategic activities
How a Global Telecommunications Company Achieved Procurement Efficiency Through a Strategic Partnership With Simfoni
eSourcing
