
The Problem With Procurement
Over 80% of purchasing processes can be automated yet organizations have been slow to digitize
Simfoni provides spend analytics and spend automation products to leading global enterprises. Our products provide rapid time to value through machine learning and artificial intelligence that accelerate and automate key aspects of the procurement process. Customers save both time and money, as well as identify strategies to reduce risk. A global business with regional headquarters in the USA, Europe, Australia and the Middle East, Simfoni works "in harmony" with its customers, their business stakeholders, and their vendor communities.
          Simfoni designed its core procurement/spend analytics solution to serve both consultants and end-users in procurement and finance organizations. The canned reports it delivers are among the most detailed we have seen.
This is not surprising, as Simfoni was founded by former consultants and technology experts who had previously built every type of custom report imaginable in support of spend analysis efforts.
This team knew it needed a solution that could direct customers down a certain information path (based on individual requirements) while also providing interactive, filter-driven drill-down capabilities.
Over 80% of purchasing processes can be automated yet organizations have been slow to digitize
Procurement is a very basic thing that every company has to deal with. Without proper
Procurement cost savings are considered as the core Key Performance Indicator that is for any
Simfoni has been featured as a leading vendor in the Spend Matters’ Solution Map for procurement software applications for the third consecutive year.
Simfoni has been listed as leading ‘50 to Watch’ in recognition of technology innovation, client acquisition, and customer satisfaction for the fifth consecutive year.
Simfoni solutions shortlisted for ‘Best New technology’ by Procurement Leaders for the past two years.