{"id":32676,"date":"2020-06-17T02:55:53","date_gmt":"2020-06-17T07:55:53","guid":{"rendered":"https:\/\/simfoni.com\/?p=32676"},"modified":"2025-02-10T08:50:14","modified_gmt":"2025-02-10T13:50:14","slug":"simfoni-named-a-2020-spend-matters-provider-to-watch-2","status":"publish","type":"post","link":"https:\/\/simfoni.com\/news-and-events\/simfoni-named-a-2020-spend-matters-provider-to-watch-2\/","title":{"rendered":"Simfoni Named a 2020 Spend Matters Provider to Watch"},"content":{"rendered":"

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 across 25 services\/technology categories as well as Spend Matters’ unbiased reviews and related articles. It’s a valuable resource procurement<\/strong><\/a> practitioners and professionals consult for intel on industry-leading procurement<\/a> service providers.<\/p>\n

Simfoni CEO Jason Stern issued a statement praising the collective efforts of the Simfoni team:<\/p>\n

“Once again I’m delighted that Simfoni is featured on the list of top 50 procurement <\/em>technology vendors to watch by Spend Matters for a fifth year in a row.  Procurement technology is a highly competitive space with hundreds of providers trying to innovate and quickly solve complex problems. Our company has spent half a decade on this list and it speaks to the continued, dedicated contributions Simfoni has made to innovation<\/span> in the industry. I credit the brilliant team at Simfoni whose unwavering drive, dedicated mindset and strive for perfection were instrumental in developing these category-defining products and earn continued recognition from Spend Matters. I am also grateful to our wonderful customers whose faithful trust in our solutions allow us to continually deliver productivity improvements in their organizations.”<\/em><\/p><\/blockquote>\n

Read More:- What is Sourcing<\/a><\/strong><\/p>\n

Spend Matters’ 2020 Almanac listing follows Simfoni’s announcement it’s expanding into Silicon Valley, establishing a new office in downtown San Francisco’s bustling SoMa district. The SF office will officially open soon under the discretion of state officials’ COVID-19 safety protocols. Simfoni continues to operate internationally through its regional headquarters in London, Chicago, Melbourne and Dubai.<\/p>\n

About Simfoni Group: –<\/strong><\/p>\n

Simfoni delivers next-generation digital transformation through spend analytics<\/a> & buying automation. Simfoni’s mission is to combine Technology, Content, and Enablement Services that work seamlessly to drive operational improvement and unparalleled savings.<\/p>\n

Solutions:<\/strong><\/p>\n

Spend Analytics<\/strong><\/a>: –<\/strong> Simfoni offers a new breed of Machine Learning enabled Spend Analytics<\/a> \/ Spend Analysis<\/span><\/a> built for procurement professionals by procurement professionals. Our proprietary analytics platform helps organizations gain insights from their data and unearths savings using machine learning and interactive visualizations. Request a spend analysis<\/span> demo.<\/a><\/p>\n

Spend Automation<\/strong><\/a>:<\/strong> – Simfoni spend automation features a powerful combination of technology, expertise, and sourcing<\/a> network. Using predictive buying algorithms, we have delivered up to 23% in savings and over 30% in supplier reduction to our clients. Our guided buying<\/span> module which includes a marketplace consisting of pre-negotiated deals in a wide variety of categories and from many listed suppliers. We help our clients go from a long, non-addressed tail spend<\/span><\/a> to a compressed, well negotiated, and managed spend; reducing suppliers and transactions, improving savings, and eliminating risks.<\/p>\n

Savings Management<\/strong><\/a>: – <\/strong>Sourceforce App helps you transform the way you plan, manage, and report your procurement savings<\/a>. Sourceforce<\/a> App has built-in analytics and reporting functionality for Procurement Project Management and Savings Tracking<\/a>. With a push of a button, you can clone projects, save them as templates, and collaborate with your team. Learn how Sourceforce helps you track and deliver savings when it matters the most.<\/p>\n

Simfoni teams are located globally. Let us know more about your requirements and we can usually arrange a demo of our platform within 24 hours. To learn more, visit Simfoni.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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