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
Spend Analytics
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 a process which is being used to gain clear visibility and to dive deep into spend data to understand the spending patterns of any business, to understand the supply base, to track the … Read More
The 4C approach that can improve your spend analysis
The organizations need to have a full view of its functions in order to transform to the better. Procurement requires the control and hold of the total spend done by the different departments. Since the organization has multiple ERPs for … 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
Analytics Webinar
In this webinar, you will learn how Serco uses analytics around contracts, bid support, benchmarking, ethics and more to support business decisions — and the resulting business benefits. … Read More
How Serco Has Used Spend Data to Generate Business Value
Spend data is a gold mine of valuable information for improving the procurement process as well as driving enterprise-wide decision-making. FTSE 100 services provider Serco learned this first hand when it engaged Simfoni, a provider of spend analytics tools, to change the way it gathered, presented and analyzed its data. … Read More