Simfoni

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Simfoni delivers digital transformation through next generation spend analytics & buying automation.

What is Simfoni?

About Simfoni: Simfoni delivers next-generation digital transformation through spend analytics & buying automation. Simfoni’s mission is to combine Technology, Content and Enablement Services that work seamlessly to drive operational improvement and unparalleled savings. Solutions: Analytics: Simfoni offers a new breed of Machine Learning enabled Spend Analytics, which is built for procurement professionals by procurement professionals. our proprietary analytics platform helps organizations gain insights from their data, unearth savings using machine learning & interactive visualizations. Request a demo: http://simfoni.com/analytics/request-a-demo/ Tail Spend Management: - Spend Automation is an on-demand solution features a powerful combination of technology, expertise & sourcing network. Using predictive buying algorithms, Spend Automation has delivered up to 23% in savings and over 30% in supplier reduction to its clients. Our guided buying module which includes marketplace consists of pre-negotiated deals on a vast range of categories and listed suppliers. We help our clients go from a long, non-addressed tail spend to a compressed, well negotiated and managed spend; reducing suppliers and transactions, improving savings and eliminating risks.

Company details
Name Simfoni
Founded 2015
CEO Jason Stern and David Bush
Employees 80
(+100%)
Company culture -
HQ location USA
Locations United States, Australia, United Arab Emirates, United Kingdom
Award and certifications
SOC 2
GDPR
Revenue 2020 ($m) 2
(+0%)
Total funding ($m) 15
Cyber security rating 91
Certificates SOC 2, GDPR

Simfoni Capabilities

  • Other

  • Auctions
  • Automated sourcing
  • Negotiation
  • Quick source
  • RFX management
  • Supplier discovery

  • Analytics
  • Data & Content Management
  • Data Repository
  • Enrichments
  • Market Intelligence
  • Spend
  • Supplier Information Management
  • Supply Chain Insights
  • Visualisation
  • Other

  • Approvals & workflow
  • Integration
  • Interfaces, chatbots and conversational AI
  • Process management

  • Buying channel management
  • Catalogues
  • Guided buying
  • Purchase orders
  • Works orders

  • Accounts payable
  • Invoice management
  • P-cards

  • Collaboration & communication
Integration partners
Tealbook, Supplier.io, WTP Buynamics