--- description: Review of Simfoni Software: system overview, features, price and cost information. Get free demos and compare to similar programs. image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png title: Simfoni | Reviews, Pricing & Demos - SoftwareAdvice AU --- Breadcrumb: [Home](/) > [Spend Management Software](/directory/4086/spend-management/software) > [Simfoni](/software/395309/spend-analytics) # Simfoni Canonical: https://www.softwareadvice.com.au/software/395309/spend-analytics Page: 1 / 2\ Next: [Next page](https://www.softwareadvice.com.au/software/395309/spend-analytics?page=2) > Spend Analytics delivers easy-to-use dashboards that help to visualize all spending in one location. Simfoni quickly aggregates and classifies data from all locations and data sources to provide you with the richest and most meaningful insights possible. With powerful machine learning and advanced AI capabilities, Spend Analytics transforms and supercharges the classification process – classifying thousands of records per minute – to provide you with more accurate visibility. > > Verdict: Rated **4.5/5** by 26 users. Top-rated for **Likelihood to recommend**. ----- ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **4.5/5** | 26 Reviews | | Ease of Use | 4.5/5 | Based on overall reviews | | Customer Support | 4.4/5 | Based on overall reviews | | Value for Money | 4.5/5 | Based on overall reviews | | Features | 4.3/5 | Based on overall reviews | | Recommendation percentage | 80% | (8/10 Likelihood to recommend) | ## About the vendor - **Company**: Simfoni - **Founded**: 2015 ## Commercial Context - **Starting Price**: USD 1.00 - **Pricing model**: Per User - **Pricing Details**: Monthly subscription plus Set-Up fee. Q2 Special: Waiving the Set-Up fee. - **Target Audience**: 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+ - **Deployment & Platforms**: Cloud, SaaS, Web-based - **Supported Languages**: English - **Available Countries**: United Arab Emirates, United Kingdom, United States ## Features - API - Compliance Management - Contract/License Management - Invoice Management - Invoice Processing - Procurement Management - Requisition Management - Spend Analysis - Spend Control - Spend Management - Supplier Management - Vendor Management ## Support Options - Chat ## Category - [Spend Management Software](https://www.softwareadvice.com.au/directory/4086/spend-management/software) ## Related Categories - [Spend Management Software](https://www.softwareadvice.com.au/directory/4086/spend-management/software) - [Procurement Software](https://www.softwareadvice.com.au/directory/249/procurement-software/software) ## Alternatives 1. [Moss](https://www.softwareadvice.com.au/software/242311/moss) — 4.9/5 (233 reviews) 2. [SAP Concur](https://www.softwareadvice.com.au/software/417747/sap-concur) — 4.3/5 (2240 reviews) 3. [Wallester](https://www.softwareadvice.com.au/software/370190/wallester) — 4.9/5 (129 reviews) 4. [Ramp](https://www.softwareadvice.com.au/software/115155/ramp) — 4.9/5 (216 reviews) 5. [Budgetly](https://www.softwareadvice.com.au/software/360675/budgetly) — 4.9/5 (134 reviews) ## Reviews ### "eSourcing Review" — 5.0/5 > **Albert Gary** | *8 September 2023* | Chemicals | Recommendation rating: 10.0/10 > > **Pros**: Provides a consistent and professional platform to tender RFXs.Institutionalizes the process and makes transparent for compliance.Able to copy and paste prior projects to streamline and expedite package preparation > > **Cons**: Not very intuitive or as organized as I would prefer. But, knowledge and experience is easily gained with usage > > Consistent RFXs to the supplier community. Ability to back-up others ----- ### "You CAN teach an old dog new tricks\!" — 5.0/5 > **Brandi** | *20 July 2023* | Food Production | Recommendation rating: 10.0/10 > > **Pros**: Firstly, the initial salesperson impressed me over other companies with her friendly, authentic, non-salesy conversation. She got my attention which led to questions, demos, and eventually the right fit for my team that I didn't think existed. By implementing the Workflow and eSourcing modules into our very niche procurement process, we were able to improve the transparency, efficiency, and reporting capability by tenfold. My department was able to capture all incoming needs from global requestors, upload items, source vendors, compare best bids, report and communicate the findings all within the same system. I am relieved to have found a program that will allow my team to move away from antiquated procedures which were a high risk for errors and revolved around a high volume of emails, PDFs, spreadsheets and good old fashioned pen and paper. There is room to grow with the Simfoni products too. When we are ready...we can connect our Simfoni modules to our ERP system and also manage our spend better\! We would not be where we are today if it weren't for the knowledgeable and patient Success Manager who helped us every step of the way. > > **Cons**: Given our specific business needs at the time, Simfoni had a little too many 'bells \& whistles' which felt overwhelming at first. We were accustomed to a much more simple design and it took us a while to adjust our mindset to see where this platform could take us. > > My experience with Simfoni products and their staff overall has been excellent. We were looking for a system that could act as an onboarding process for incoming requests before they were entered into our ERP system. We are expanding our range of KPI and how we can further improve our processes. This system is user friendly, is filled with help instructions and new enhancements being implemented. I feel that I more than got our money's worth with the modules that we have started with and I look forward to continuing to grow with this company. They really listen and deliver what is needed. ----- ### "Simfoni feedback" — 3.0/5 > **Sanjay** | *17 November 2021* | Maritime | Recommendation rating: 5.0/10 > > **Pros**: The Software is easy to use. As an general information resource it works fine. But when you need to get to what the details are of actually managing spend and analysing data, there has been no consideration building in the stakeholder requirements to capture critical data. > > **Cons**: Lack of category detail which does not allow for true analysis > > It is a good tool. But stakeholder engagement is vital to ensure that detailed analysis across all categories and functions is possible ----- ### "Accelerate your spend analytics with Simfoni" — 5.0/5 > **Phil** | *21 July 2023* | Chemicals | Recommendation rating: 10.0/10 > > **Pros**: We can look at our data in multiple ways depending upon the analysis needed, i.e. Spend by supplier, Spend by Category, Spend by location, Spend by department, Spend by payment terms, Tail spend to understand small purchases. We update data in Simfoni monthly after the close of the previous month and generally, the data that we send is updated within a week. Also, the supplier's name is normalized by Simfoni so we can get the entire global spend by supplier which often gives us better visability of our spend vs. what the supplier can maintain. > > **Cons**: There are some new features, i.e. eSourcing that are availalbe, but we have not seen the product fully devloped to our needs to date. > > Very positive experience. The account team is dedicated to exceding our expectations. ----- ### "Efficient & Resourceful..." — 5.0/5 > **Kiran** | *21 July 2023* | Higher Education | Recommendation rating: 10.0/10 > > **Pros**: Firstly, \[sensitive content hidden\] has been a huge help - wholly reassuring, very clear and has provided consistent support throughout the implementation process. He has been hand-holding whilst empowering me to jump right into using the system. Secondly, the analytics tool is just beyond exciting\! Being able to have the dashboards already set up using our historical data and drilling down into information has fuelled curiosity to explore new projects, identify new efficiency or cost saving opportunities and has helped save hours of time every month. > > **Cons**: I think being left to explore it can sometimes feel a little scary because there's so much the system can do.... but a lot like learning to drive a car - doing the projects in real time with the Simfoni teams' live support has been instrumental to being able to use the system independently quickly. Instead of bombarding me with everything the system can do on day one, \[sensitive content hidden\] was particularly good at scouting what I needed to do with a particular project, working through it together, and then advising how to use the additional features as and when they became required. It is a slightly pricier system than the others we reviewed, however given the functionality and the support, I'd justify making the same decision. ----- Page: 1 / 2\ Next: [Next page](https://www.softwareadvice.com.au/software/395309/spend-analytics?page=2) ## Links - [View on SoftwareAdvice](https://www.softwareadvice.com.au/software/395309/spend-analytics) ## This page is available in the following languages | Locale | URL | | en | | | en-AU | | | en-GB | | | en-IE | | | en-NZ | | ----- ## Structured Data