Simfoni
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!"
