Increase Spend Impact
without Diverting Focus from the Most Strategic Spend
Discover the opportunities concealed in the long tail of spend and
empower the enterprise through democratized buying and spend visibility
Simfoni Spend Automation helps you bring more spend under management - regardless of your operating model
Actionable Spend Transparency
Leverage powerful spend analytics to identify and manage tail spend
Improved Buying Experience
Seamlessly capture more spending activity
Maximum Process Flexibility
Empower guided buying or centralize intake
Streamlined Supplier Payments
Build supplier relationships and optimize payment terms
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 flexible blend of Simfoni Spend Automation technology and services, procurement can successfully address many root causes of tail spend.
Facilitating supplier payments and user-led 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.
User-led Sourcing
Democratize the capabilities of the Buy Desk so individual users can benefit. Support buyers with a full-service option that allows everyone to focus on what they do best.
Buy Desk
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.
Powerful Analytics
Harness the additional visibility gained through Spend Automation by routing spend into the Sourcing Pipeline for value-driven action
Closed Loop Solution
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
Spend Analytics
