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Description

Strategic procurement processes engage various stakeholders and can pose significant risks and costs, often consuming over half of the yearly budget and representing 90% of potential risks. These procurements inherently influence business performance in substantial ways. Successfully navigating the associated challenges and complexities is no simple task, but making informed choices is vital for success. This is precisely where our AWARD® Solution becomes invaluable. Since its inception in 2001, AWARD® has empowered buyers to efficiently and confidently identify the best suppliers while ensuring a transparent audit trail and effective management of diverse team members. With options ranging from Pro to Plus and Premium packages, AWARD® offers flexibility and scalability, providing advantages to projects, programs, and organizations of all types and sizes. Together, we offer the most extensive strategic evaluation capabilities available in the market, ensuring that every procurement decision is well-informed and strategic. This commitment to excellence enhances overall organizational performance and mitigates risks in procurement activities.

Description

AI-powered analytics can help you organize and distill your complex data. Visibility into your spending patterns is a great way to start, whether you are looking for ways to save money or to go digital. Simfoni Spend Analytics, part of our Spend Intelligence Platform, provides data management and insights about pricing, vendors, total spending, categories, and diversification, allowing for smart and strategic procurement. A user-friendly eSourcing solution that offers advanced automation, unique insights and helps users to identify the best award decisions for suppliers in less time. eSourcing offers significant cost savings to procurement teams. Save time, increase efficiency, and reduce the time required to award a new contract. Collect all the information you need in order to make more informed decisions about your suppliers.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Jama Connect Yes 

Integrations

Jama Connect No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac Yes 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

Commerce Decisions

Founded

2001

Country

United Kingdom

Website

commercedecisions.com/award/

Vendor Details

Company Name

Simfoni

Founded

2015

Country

United States

Website

simfoni.com

Product Features

Procurement

Asset Management No 
Auction Management No 
Bid Management No 
Budget Management No 
Catalog Management No 
Contract Management No 
Inventory Management No 
Invoice Processing No 
PunchOut No 
Purchase Order Management No 
Receiving No 
Requisitions & Approvals No 
Sourcing Management No 
Spend Management No 
Supplier Management No 

Product Features

Procurement

Asset Management No 
Auction Management No 
Bid Management No 
Budget Management No 
Catalog Management No 
Contract Management Yes 
Inventory Management No 
Invoice Processing No 
PunchOut No 
Purchase Order Management No 
Receiving No 
Requisitions & Approvals No 
Sourcing Management No 
Spend Management Yes 
Supplier Management Yes 

Sourcing

Auction Management No 
Budget Management No 
Collaboration No 
Global Sourcing Management No 
Rfx Management No 
Spend Management No 
Supplier Management No 
Supplier Qualification No 
Supplier Risk Management No 
Supplier Web Portal No 
Template Management No 

Spend Management

Approval Workflow No 
Budgeting / Forecasting No 
Expense Tracking No 
Multi-Currency No 
Prepaid Cards No 
Procurement Management Yes 
Receipt Management No 
Spend Analysis Yes 
Spend Control Yes 
Supplier Management Yes 

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