Simfoni
Simfoni cleans and codifies spend data, displays the analysis for easy understanding, and automatically provides opportunity assessments. After gathering dat...
Why Choose Simfoni?
You should pick this if you want to turn your spend data into actionable insights fast. It cleans, analyzes, and even suggests cost-saving opportunities, all while giving you dashboards that make sense of your procurement spend.
Simfoni cleans and codifies spend data, displays the analysis for easy understanding, and automatically provides opportunity assessments. After gathering data from disparate sources, Simfoni Analytics software manages the cleansing, normalization, and classification of transaction data. Dynamic dashboards present spend data analytics from different viewpoints allowing procurement professionals to see the complete picture. Drill-down capabilities and filters show the nitty-gritty details of any supplier or category. Automated Opportunity Assessments show possible cost savings initiatives. These initiatives are quantified, marked for time and difficulty to complete, and are shown alongside a wave plan estimating completion dates and probable cumulative savings total. In just a few days, Simfoni Spend Analytics can take a procurement team from "What do we spend where?" to "Let's get going on our initiatives for the next 12 months!"
Simfoni Introduction
What is Simfoni?
Simfoni provides Spend Analytics, eSourcing andTail Spend Management solutions to leading global enterprises. The Simfoni platform utilizes machine learning and artificial intelligence to accelerate and automate key aspects of the procurement and sourcing processes, saving customers time and money and paving the way toward supply chain sustainability. With offices in the USA, Europe, Australia, and the Middle East, Simfoni works with its customers and the wider vendor community to improve vendor diversity and achieve strategic CSR (Corporate Social Responsibility) objectives. For additional information, please visit https://simfoni.com/.
How to use Simfoni?
Visit website for more info
Why Choose Simfoni?
You should pick this if you want to turn your spend data into actionable insights fast. It cleans, analyzes, and even suggests cost-saving opportunities, all while giving you dashboards that make sense of your procurement spend.
Simfoni Features
Analytics
- ✓Benchmarking
- ✓KPIs
- ✓Errors
Data Management
- ✓Consolidation
- ✓External Sources
- ✓Integration
- ✓Cleaning
Supplier Marketplace
- ✓Library
- ✓Categorization
Contract Management
- ✓Compliance
- ✓Negotiations
Data Collection
- ✓Savings
Project Management
- ✓Dashboard
- ✓Repository
- ✓Lifecycle
Pricing
Custom Configured Solution
Monthly SaaS Subscription with an initial setup fee.
- ✓ Unlimited Users - Let category managers dive into the analysis of the spend they are responsible for.
- ✓ Integrations-integrates with common ERP and procurement systems. API and Excel upload/download also available.
- ✓ AI Engine - Automates classification/categorization, opportunity assessments, and other sourcing insights through Machine Learning (ML), Natural Language Processing (NLP), and other AI elements.