How To Build Procurement Resilience Amidst Staffing Shortages

Embracing the transformative potential of procurement technology enables teams to build new capacities for resilience amid staffing challenges Simfoni.com Tweet The most valuable resource that procurement possesses is undoubtedly its talented workforce. It is important to recognize that staffing decisions...

April 26, 2023

Procurement Software

The Top Three Procurement Challenges We’re Seeing in 2023

In a world where market dynamics and supply chain management are constantly evolving, businesses must understand and keep up with the latest procurement topics and challenges. Let’s discuss the top three procurement challenges we’ve observed in 2023 and what they...

March 30, 2023

Spend Management

Procurement in Private Equity: The Opportunities, Challenges, & Solutions

A penny saved is a penny that can be put to work yielding larger returns for investors. Simfoni.com Tweet Smarter management of spend categories and enhanced insights of overall spend can bring immediate and robust cost savings to businesses, however,...

October 12, 2022

Spend Management

How to Quickly and Successfully Manage Indirect Spend

In a recent article in Forbes “Follow the Money: Five Ways to Improve Your Bottom Line By Taking a Closer Look at Spending Habits.” Jason Stern outlined the key areas to focus on to improve profitability through Spend Management. Building...

September 13, 2021

Procurement Analytics Procurement Dashboard Spend Analysis

How does the Simfoni Procurement Dashboard work

How do procurement dashboards help companies in any industry track KPIs, perform spend analysis, identify savings opportunities and implement cost reduction strategies to improve their business? Improve Compliance Rate The compliance rate is how completely companies fulfill their contractual agreements...

October 13, 2019

News and Events

Simfoni recognized at World Procurement Awards in “Best New Procurement Technology” category

The finalists for the World Procurement Awards 2018 have been released today and we are pleased to announce that Simfoni – the spend analytics and tail spend management specialist – has been nominated in the category “Best New Procurement Technology”.

March 25, 2018

News and Events Procurement Technology Spend Analysis

Why has Simfoni been nominated for a Best Procurement Technology Award?

The finalists for the World Procurement Awards 2018 were released this week and we are pleased to announce that Simfoni – the spend analytics and tail spend management specialist – has been nominated in the category “Best New Procurement Technology”.

March 20, 2018

Spend Analysis Tail Spend

What Does Well-Managed Tail Spend Look Like?

In our previous post, we discussed why tail spend is important, as well as the negative impact poorly managed tail spend can have on an organisation. Obviously, a well-controlled procurement “tail” is important and will have a beneficial effect on...

August 18, 2017