Maximize Spend Value
with Closed Loop Procurement Technology

Simfoni Strategic Spend Terminal enables discovery, planning, and execution for
robust opportunity identification and seamless value creation

Simfoni’s Strategic Spend Terminal bridges the gap between spend visibility and sourcing project planning and execution.

With an intuitive interface, users can easily identify, track, and execute strategic savings initiatives, putting a spotlight on procurement's strategic value and impact to the business.

Comprehensive Spend Management

Capture total value creation by addressing ALL of your business spend

Accelerate Speed to Value

Automate data extraction & classification with AI and Machine Learning capabilities

Automatically Monitor for Opportunities

Sourcing pipeline that builds itself, targeting value-rich opportunities for your team to pursue

Streamline Your End-to-end Process

Digitally alleviate friction and delays. Empower your team with the tools necessary to streamline procurement

Spend Analytics Software

EXPERIENCE THE CLOSED-LOOP ADVANTAGE

Simfoni’s Strategic Spend Terminal is a comprehensive toolkit designed to accelerate and streamline the journey from opportunity identification to savings realization.

Every spend update serves as a catalyst for new value, with spend and supplier data being analyzed for potential sourcing projects which are then added to the pipeline.

With the flexibility to provide or integrate with P2P and CLM capabilities, the total impact of a Strategic Spend Terminal is substantially greater than the sum of its parts.

Let’s discuss the benefits of achieving a ‘closed loop’ and how Simfoni SST can help.

Product Highlights

Discover Value

Pinpoint changes in price and non-price factors to highlight the most immediate opportunities for value and swiftly add them to the plan.

Plan Strategically

Load and track opportunities via a pipeline that helps procurement prioritize and focus resources on the most immediate value.

Execute Seamlessly

Leverage supplier data, spend data, pricing, and product/service specifications, to fuel eSourcing projects that deliver optimal savings.

Visibility Driven Compliance

Build and maintain one ‘top down’ source from aggregated supplier and spend data, to minimize third-party risk exposure.

Transcend Rules-based Spend Categorization

Don’t allow common business changes to impact spend visibility. Leverage deep AI and ML capabilities to automate spend classification.

Supplier Diversity

Address ESG-related business objectives through spend reporting and eSourcing, connecting vision with action for maximum quantifiable impact.

Goodbye, Traditional Procurement Tools.

Welcome, A.I-Powered Digital Procurement Suite.

Request a Demo.

Great Spend Management begins with proper spend visibility, but it doesn't stop there.

Leverage Simfoni's composable procurement technology to turn insights into tangible savings opportunities and real commercial value.

Spend Analytics

Spend Analytics

Turn your spend data into strategic insights with Simfoni's AI-enabled Spend Analytics solution
eSourcing

eSourcing

Streamline, simfplify, and improve RFx management and other core strategic sourcing processes