Beyond the Hype: Managing Our Expectations of AI in the Age of ChatGPT

“We overestimate the impact of technology in the short-term and underestimate the effect in the long run.” – Ray Amara, Stanford computer scientist Tweet Simfoni’s Chief Technology Officer Alan Buxton shares insights into expectations around the capabilities of AI and...

April 18, 2023

Supplier Management

The Power of Strategic Sourcing: How Supplier Engagement and Technology Can Boost Your Procurement Function

Procurement is no longer just about finding the cheapest price for goods and services. Instead, it’s about finding suppliers who can provide the best value for your organization. This is where strategic sourcing comes in. What is Strategic Sourcing? Strategic...

April 6, 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

News and Events

Simfoni Recognized as a 2022 ProcureTech100 Company

Simfoni is delighted to announce its inclusion on the Procuretech100 list for its leadership in the categories of Sourcing and Cost Management for the second consecutive year. Simfoni was selected after an analysis of over 4,000 digital solutions from across the...

December 7, 2022

News and Events

Simfoni Listed as a Sample Vendor in 2022 Gartner® Hype Cycle™ as More Companies Turn Focus to Managing Tail Spend

Earlier this year, Simfoni was recognized in Gartner Hype Cycle for Procurement and Sourcing Solutions, 2022 as a Sample Vendor for Tail Spend Solutions, Predictive Analytics, and Procurement Savings Management. According to Gartner, clients use Hype Cycles to learn about...

November 3, 2022

Procurement Software

Best-of-Breed, Suite, or Alt-Suite? Choosing the Right Procurement Software for You

Table of Contents It’s no secret that companies are realizing the benefits of digitizing their procurement function, particularly as teams are under increasing pressure to do more with less. The efficient management of procurement processes and workflows can be valuable...

September 15, 2022

Procurement Technology

The Uberization of Procurement Tech

This article is for: CEOs, CFOs, and CPOs trying to do more with less, looking to identify and unlock hidden value in their businesses or drive digital transformation without large budgets. Topics Covered: Procurement Strategy, Immediate ROI, Consumption-based Pricing, Uberzation...

December 14, 2021

Procurement Strategy

Can companies REALLY ‘do more with less’ and still thrive?

This article is for: CEOs, CFOs and CPOs trying to do more with less, looking to identify and unlock hidden value in their businesses or drive digital transformation without large budgets. Topics Covered: Procurement Strategy, Immediate ROI, Spend Analytics/Intelligence, Private...

September 7, 2021

News and Events

Simfoni Wins Procurement Award From World-Renowned CIPS Awards

Simfoni took home the prestigious award for ‘Best Procurement Consultancy’ for a complex Spend Analytics Project during the CIPS Middle East Supply Management Awards 2021 which was hosted virtually on Tuesday 9th February and moderated by Sam Achampong, Head of...

May 17, 2021

Spend Management

What Is a B2B Procurement Marketplace? and What are its Benefits?

B2B marketplaces simplify business-to-business procurement using a digital platform designed for buyers and suppliers. The platform allows buyers to source new products and suppliers that are pre-qualified to meet the marketplace’s requirements. The procurement marketplace for B2B procurement provides information...

February 10, 2021

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