Spend Matters once again named Simfoni Analytics in its prestigious, 7th annual “50 Providers to Know/50 Providers to Watch,” list for an impressive fifth consecutive year. Spend Matters compiles the top 50 list from its Almanac containing 450+ vendor descriptions … Read More
Spend Analytics
Simfoni recognized as a leading vendor for the 5th year in succession
Spend Matters verified Simfoni Analytics as a Solution Map Leading Vendor for a remarkable third consecutive year. The Spend Matters Solution Map validation designates Simfoni Analytics as a trusted, leading vendor in procurement software applications and technologies for procurement professionals. … Read More
Simfoni launches Spend Analytics Business Unit, Appoints Jason Stern as CEO of the Analytics and Expands US Operations to Silicon Valley
San Francisco, CA – April 28th, 2020. Simfoni Limited, a global innovator in Spend Analytics and Spend Automation, announced the appointment of Jason Stern to Chief Executive Officer Simfoni Analytics, and the opening (soon) of an additional office and moving … Read More
What is Spend Analytics Dashboard
Spend Analytics Dashboard is an interactive dashboard that provides knowledge into an organization’s procurement activities and expenditures. It allows the organization to identify areas for cost reduction and process improvement. Additionally Spend Analytics Dashboard helps in the process of analyzing … Read More
How To Do Spend Analysis? – The Ultimate Guide
How to do Spend Analysis Guide by Simfoni will help you reduce expenses and provide savings delivery in the long term by helping you identify all the sources available for your spend data by category and department. The Guide also … Read More
Simfoni recognized as a leading vendor for the 4th year in succession.
The Spend Matters 2019 Almanac has been released today and Simfoni is delighted to announce that – for the 4th year in succession – it has been recognized in the “Top 50 to Watch” category amongst leading technology vendors in the eProcurement sector. … Read More
What is Spend Management? Why and How it is Implemented?
What is Spend Management? Spend management means managing organization expenditure through processes starting Demand Identification and Spend Analysis to Sourcing and Order Management, for both direct and indirect spend categories. A robust Spend Management includes the use of best in … Read More
What is Spend Analytics? Why and how it is implemented?
What is Spend Analytics? Spend Analytics is the discipline of collecting, processing, and analyzing procurement data. Spend analysis uncovers business buying patterns through an in-depth review of procurement data. Organizations use these to manage their suppliers, to track procurement performance, … Read More
The 4C approach that can improve your spend analysis
Organizations need to have a full view of its functions in order to transform for the better. Procurement requires the control and hold of the total spend done by the different departments. Since the organization has multiple ERPs for different … Read More
Challenges organizations have to face while implementing Spend Analytics
Spend analytics should be a crucial part of any procurement strategy but implementing spend analytics in the strategy is not easy. It calls for a great deal of effort to make spend analytics a part of the organization. The economic … Read More
