All Simfoni Reviews
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Keith
Verified reviewer
Banking, 1,001-5,000 employees
Used daily for less than 12 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed November 2021
Easy Implement, Easy to Use, The Essential Data We Need
Prior to implementation of Simfoni, we had general information by supplier spend, but didn't tie out with any business unit, stakeholder, commodity, etc. Simfoni's implementation resource worked closely with my finance team to help extract the required data from our systems. Ideas were shared when there were road blocks and there was always a partnership to what can we do, versus what a system only allowed - which has been my experience in the past with other larger software solution providers.
PROSEasy to configure. I am able to easily pull both macro and micro detail in relation to the information that we provide on a monthly basis to our spend. We include GL, Cost Centers, and Line of Business filtering to allow me to have a data based discussion with my stakeholders.
CONSI have not encountered any issues thus far that I dislike about Simfoni's Spend Analytics Tool.
Reason for choosing Simfoni
Ease of use; Quick implementation; Competitive cost
Brandi
Food Production, 201-500 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed July 2023
You CAN teach an old dog new tricks!
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.
PROSFirstly, 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.
CONSGiven 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.
Reason for choosing Simfoni
Simple, user-friendly design. It was made for procurement by procurement people. It was an agnostic system that we could build as needed with modules. The sales, training, and management teams were reputable and trustworthy. They were a small company that continued to show growth over a long period of time.
Sanjay
Maritime, 501-1,000 employees
Used weekly for less than 12 months
OVERALL RATING:
3
EASE OF USE
5
VALUE FOR MONEY
3
CUSTOMER SUPPORT
3
FUNCTIONALITY
3
Reviewed November 2021
Simfoni feedback
It is a good tool. But stakeholder engagement is vital to ensure that detailed analysis across all categories and functions is possible
PROSThe 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.
CONSLack of category detail which does not allow for true analysis
Patricia
Utilities, 11-50 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed June 2023
What I like about Simfoni
[sensitive content hidden] is a wonderful teacher! He walked me thru all the screens with ease. He offered any extra help if I could not find something I was looking for.My experience with Simfoni has been a good one. Thanks [sensitive content hidden]!!
PROSEasy to use. Not a lot of steps to get the end result - excel spreadsheet. Suppliers can easily navigate thru the screens to find any documents and to input their information.Exporting is very easy. Communicating with others (Suppliers) is very easy - and important to keep track.Add/Delete is very simple. I am very impressed with the new U/I.
CONSSo far, I can't tell if I have any concerns at the moment.
Reason for choosing Simfoni
I am not the person who handles this question.
Kiran
Higher Education, 501-1,000 employees
Used daily for less than 6 months
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed July 2023
Efficient & Resourceful...
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.
CONSI 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.
Phil
Chemicals, 10,000+ employees
Used weekly for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed July 2023
Accelerate your spend analytics with Simfoni
Very positive experience. The account team is dedicated to exceding our expectations.
PROSWe 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.
CONSThere are some new features, i.e. eSourcing that are availalbe, but we have not seen the product fully devloped to our needs to date.
Reason for choosing Simfoni
Simfoni was able to meet all of our needs from a cash flow to implementation to production stability capabilities vs. the competition.
Lisa
Utilities, 2-10 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed June 2023
Simfoni review
I have found it very easy to use and the support offered is very prompt and very helpful.
CONSI don't feel there are any features missing. It seems to be running a bit slow as of now.
Albert Gary
Verified reviewer
Chemicals, 10,000+ employees
Used weekly for more than 2 years
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed September 2023
eSourcing Review
Consistent RFXs to the supplier community. Ability to back-up others
PROSProvides 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
CONSNot very intuitive or as organized as I would prefer. But, knowledge and experience is easily gained with usage
Reason for choosing Simfoni
Initially used contract management system and supplier management but integrated to other systems as a corporate requirement
Flora
Hospital & Health Care, 5,001-10,000 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed July 2023
-
Overall experience with Simfoni has been excellent. Benefits include supplier diversity vendor management, diverse flagging and classification, spend analysis tools and dashboards.
PROSThe supplier diversity management product is most impactful in my role. It's easy to use, meaningful dashboards, and with great support.
CONSIt would be great to offer Tier I and Tier II diverse spend in the spend analysis and dashboards.
Yan
Telecommunications, 1,001-5,000 employees
Used weekly for more than 2 years
OVERALL RATING:
4
EASE OF USE
5
VALUE FOR MONEY
4
CUSTOMER SUPPORT
3
FUNCTIONALITY
4
Reviewed July 2023
Review of Simfoni
Easy to use. Set up time has been really fast. The account manager has fantastic to deal with.
CONSI would like more flexibility to adjust classification rules. Also, I have asked for 2 years if we could get a way to confirm the level of confidence in how information has been classified.
Tom
Accounting, 1 employee
Used daily for less than 6 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed June 2023
Does exactly what it is supposed to!
The Customer Success Team is excellent - enjoy working with them
CONSWould like to see them have more modules around Spend Analytics - their core dashboard is great but need more modules
Joseph
Verified reviewer
Accounting, 5,001-10,000 employees
Used weekly for more than 2 years
OVERALL RATING:
4
EASE OF USE
5
VALUE FOR MONEY
4
CUSTOMER SUPPORT
3
FUNCTIONALITY
4
Reviewed July 2023
Simfoni and Consulting Enagements
The PowerBI backbone is very easily understood for anyone using the MS suite.
CONSThe AI/ML still needs a lot of work - too many items are ending up unclassified or placed into the wrong categories.
John
Oil & Energy, 2-10 employees
Used monthly for more than 2 years
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
4
CUSTOMER SUPPORT
4
FUNCTIONALITY
4
Reviewed September 2023
Positive experience with Simfoni platform
I am very happy with the Simfoni platform. We've had nothing but a positive experience from implementation, customer service and our sales rep. It's easy to use, captures data in real time and our clients are thrilled with the results.
PROSProduct is very easy to use. Real time data and reporting analysis that I can share with our clients is very good. Customer Service is always quick to answer questions.
CONSOnce you get familiar with the platform and understand the basic elements you can navigate more efficiently. Nothing glaring not to like.
Aleksandra
Maritime, 51-200 employees
Used monthly for less than 2 years
OVERALL RATING:
2
EASE OF USE
2
VALUE FOR MONEY
2
CUSTOMER SUPPORT
2
FUNCTIONALITY
2
Reviewed November 2021
Spend Analytics review
Hard to navigate
PROSLooks nice, I like the colors, missing essential inforamtion on purchased products, typing mistakes in Supplier Company Names
CONSHard to navigate, not user friendly, not sure if information on Suppliers is relevant, and where is it retrieved from, does not match information in ERP system
Sreeram
Internet, 51-200 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed July 2022
Great product for action oriented procurement teams
Great
PROSAbility to classify data using ML, ability to identify cost savings opportunities automatically.
CONSThere is nothing I did not like about Simfoni’s spend analytically Software that’s worth a mention.
Reason for choosing Simfoni
Machine learning and Opportunity assessment
Fariha
Non-Profit Organization Management, 5,001-10,000 employees
Used weekly for more than 2 years
OVERALL RATING:
5
EASE OF USE
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed November 2021
Improvised tool
My role with this tool is to understand the spending witht the suppliers in the Region and to manage them well. The graphical chart allow us to quickly read the underlying data over the year plus the option to filter as per the quater is quite efficient. Overall it has been a great experince in using Simfoni. Good job Team
PROSThe Spend Overview is most impactful, especially now that it also has many color making it visually convenient. Yes, data is extract from our main systems but we usually don’t find it up to date and live - so there is always an approximate margin we need to keep when calculating the spend with any supplier or working on a category. Also the focus mode on each block with 3 dot option to export data has simplified extracting useful information on Excel.
CONSI had highlighted this in my previous survey - not sure if it is possible to implement. The only thing that really doesnt work for me is the Vertical Visualisation Bar on the left side - why can we not push it inwards when not requried - it takes a lot of unnessary space on the screen. Otherwise the tool has become faster and eaiser to use - Thanks :)
Randy
Chemicals, 201-500 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed September 2023
eSourcing
By utilizing the eSourcing module, RFIs, RFP/Qs and correspondence with bidders are easily stored and shared within the team.
PROSThe eSourcing module has been most impactful for my group. The module is easy to use, allows for numerous bidders and reduces the bid evaluation period by 75%!
CONSThe only issues found with the system, is the speed. The system is slow loading information and changing screens.
Jorge
Automotive, 10,000+ employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed June 2023
Simfoni Review Power User
I will say is a great tool for any procurement professional in charge of category management that is looking to use data to help them make better informed decisions and at the same time simply the workload on creating RFPs for multiple vendors.
PROSEasy-to-use platform that provides excellent tools for analytical work and gives you quick and easy to digest information to help you make inform decisions regarding your spend.
CONSNow with the rise of AI, there is an opportunity to implement AI tools to help simplify a lot of the manual task of inputting some data.
Reasons for switching to Simfoni
end of 2022
Ryan
Management Consulting, 5,001-10,000 employees
Used weekly for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
4
FUNCTIONALITY
4
Reviewed July 2023
Simfoni Use on Audible Review
Simfoni is a great product for spend analysis and they provide excellent customer service.
PROSSimfoni was easy to deploy and has an easy to understand UI. We use it frequently to monitor spend and identify potential sourcing opportunities. [sensitive content hidden] and team have been awesome to work with and are always quick to respond to questions or issues that arise with the tool.
CONSWe've had some minor issues with categorization accuracy over time, but [sensitive content hidden] and team have worked though these issues with our team.
James
Electrical/Electronic Manufacturing, 10,000+ employees
Used monthly for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed August 2023
Simfoni eSourcing
To utilize the use of the Simfoni tool to the utmost by doing RFI/RFP's across the total Pitney Bowes Enterprise to drive the best contracts and pricing!
PROSI have been a previous user and of the EC Sourcing tool and now that they have been acquired by Simfoni we are a long time and loyal user. I have always liked the dealing with the account executive team supported by [sensitive content hidden]. We have had multiple lunch and learn sessions and will continue to push for more expansive use of the Simfoni eSourcing tool!
CONSWorking with Simfoni team to enhance UI and submitted some recommendations for tool enhancements.
Reason for choosing Simfoni
Bescuse of the ease of use, original EC Sourcing tool was very intuitive, and the price point for our cmpany's subscription!
Tania
Financial Services, 10,000+ employees
Used daily for less than 2 years
OVERALL RATING:
4
EASE OF USE
5
CUSTOMER SUPPORT
3
FUNCTIONALITY
3
Reviewed November 2021
Technology / Financial Services Industry Review
The Simfoni team needs to be able to provide solutions in ensuring we get data refreshes often, quarterly update is insufficient. Any procurement professional requires to have spend insights on a minimum at a monthly basis.
PROSThe Category Console, Payment terms, and Tail Spend Analysis
CONSThe ability to select multiple suppliers in the view of
Ashley
Government Administration, 5,001-10,000 employees
Used daily for less than 6 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed July 2023
Spend Assessment Made Easy
The experience has been excellent! Simfoni is very solution and customer service oriented which makes using the tool and even better experience. They are always willing to listen and help resolve unique challenges !
PROSSimfoni is very intuitive and gives you the opportunity to quickly gain insights you would typically needs hours / days to understand. Specifically the ability to classify spend and then create customized dashboards based on business needs allowed us to quickly pin point opportunities.
CONSIt would be great to have the ability to self serve more for minor customizations within the tool
Nick
Management Consulting, 5,001-10,000 employees
Used weekly for less than 2 years
OVERALL RATING:
4
EASE OF USE
3
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed July 2023
Procurement Applications
Overall great experience. Helped to identify cost savings opportunity, compliance issues, and then take action on those for our client.
PROSEasy to use the platform, and the customer service is great.
CONSChallenging to make larger-scale updates to things like spend categorization, and some difficulty implementing data integrations.
Melissa
Chemicals, 5,001-10,000 employees
Used weekly for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed July 2023
Diversey Review
Easy to use and develop spend analytics tool. Great communication with account manager
CONSNo current issues with supplier- easy to resolve any issues.
Pelaiah
Non-Profit Organization Management, 10,000+ employees
Used monthly for more than 2 years
OVERALL RATING:
4
EASE OF USE
3
CUSTOMER SUPPORT
3
FUNCTIONALITY
3
Reviewed November 2021
User Experience- Simfoni
I like the general interface. It is quite user friendly too. The ability to filter out and extract the data excellent
CONSI'm not sure if it is my organization's customisation but I would love a guide to refer to from time to time which I don't necessary see.