Spend Automation

Simplifying spend management 

A new breed of cloud Procurement Solution with Autonomous Sourcing capabilities with time-to-value in days and ‘Pay as You Save’ pricing, the Spend Automation™ Platform has everything you need to automate, control and optimize all types of spend across your organization.

Spend Automation

SPEND AUTOMATION
FOR MEDIUM ENTERPRISE

SPEND AUTOMATION FOR MEDIUM ENTERPRISE

Procurement may be decentralized with limited headcount and limited procurement technology. Seeking a cost effective spend solution to automate purchasing with access to on-demand specialists to optimize spend and deliver savings.
Explore Medium Enterprise Solutions

TAIL SPEND
FOR LARGE ENTERPRISE

TAIL SPEND FOR LARGE
ENTERPRISE

Centralized or centre-led Procurement team with specializations and tools to manage strategic spend. Seeking a Tail Spend technology solution to control, manage and realize savings across indirect and also lower value direct spend.
Explore Large Enterprise Solutions

With businesses spending 70% of Revenue with suppliers, Procurement is a top priority for everyone.

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RAPID TIME TO VALUE

Operational in days

The platform is configured and operational in days and with our remote deployment capability we don’t even need to come to site. Users process their purchasing needs and run sourcing events via a user-friendly interface which controls corporate spend.

PAY AS YOU SAVE

Fees hardwired to customer success

Fees are linked to demand, which means that businesses of any size can access the technology and supplier discounts without the cost barriers associated with traditional procurement systems.

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BUYDESK AUTONOMOUS AI Sourcing ENGINE

Sourcing Firepower

The on-demand BuyDesk Sourcing Engine enhances performance with inbuilt Autonomous Sourcing capabilities to manage sourcing and purchasing activity for total spend, or tail-spend. Access category expertise from our BuyDesk hubs to boost performance and to tap into local supply markets, including diverse and minority suppliers.

Optimize All Types of Spend
We use spend analytics to segment Strategic and Tail Spend into 4 main zones: Strategic, Tactical, Marketplace and Expenses which allows us to define the optimum delivery solution for each zone.
Strategic Spend Zone
The Strategic Spend zone typically represents 60-70% of an organization’s spend, but only 5-10% of transactions and suppliers. Customers can access on-demand BuyDesk Category Expertise to manage sourcing events through the BuyDesk Sourcing Engine with additional sourcing project and savings tracking tools so that the customer can follow progress and see the results.
Tactical Spend Zone
Tactical spend comprises urgent but not necessarily important spend. Infrequent or one-off in nature, aka Spot Buys this spend consumes a lot of time and effort, dragging users away from their day jobs and detracting from higher value strategic activities, Spend Automation offers an entirely digital experience for requisitioning, sourcing to purchase order creation with user requirements bid through the BuyDesk Autonomous Sourcing Engine with preferred vendors pre-configured in Category Cards to drive out savings.
Marketplace Spend Zone
Our Marketplace offers a self-service, consumer-style purchasing experience from electronic catalogs for standard, repeatable spend as well as framework catalogs for services and contingent workforce purchasing. Customers benefit from Simfoni’s leveraged purchasing power with access to a range of preferred vendors and pre-negotiated prices for commonly purchased items with the ability for the customer to add their own custom catalogs for their existing deals.
Expenses and Pcards Zone
Expenses hide a lot of non-compliant, unnecessary and non-competed spend. Our solution includes a company Pcard and an expenses management app to control and optimize spend with flexibility for users to to fulfil local needs and for travel. Larger value expense requirements are bid through the BuyDesk platform to realize savings.
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We have the tools to

Purchasing Automation

Cloud Procurement Tools

BuyDesk Sourcing

An Autonomous AI Sourcing Engine with options for Safe Harbour Self-Sourcing and access to On-Demand Sourcing Expertise

Marketplace

Online Catalogs & Preferred Suppliers

What Our Clients Have To Say

Want to explore how the Simfoni Spend Automation platform can help get your spend under control?