Simeno: Vendor Analysis (Part 2) — Product Strengths and Weaknesses

Even though many procure-to-pay (P2P) deals are increasingly becoming showdowns between Coupa and SAP Ariba, the long tail of procure-to-pay (P2P) providers remains significant. In fact, many of these companies continue to thrive. Spend Matters tracks hundreds of different providers in the P2P market, and within e-procurement alone there are dozens. One of these is Simeno, a provider and “solution integrator” that is expanding in North America. Although not well known outside of Europe, Simeno has a strong track record of enabling complex e-procurement scenarios for global companies as a “surround” approach to ERP providers. It brings particular capability in catalog management, which drives its shopping, search and broader capabilities. Curiously, it also leads its own implementations, bringing its own consulting/systems integration capability.

This Spend Matters PRO Vendor Snapshot explores Simeno’s product strengths and weaknesses, providing facts and expert analysis to help procurement organizations decide whether they should shortlist the vendor. It also offers a critique (pros/cons) of the user interface. Part 1 of our analysis provided a company background and detailed solution overview, as well as a summary recommended fit suggestion for when organizations should consider Simeno in the P2P technology area. The final installment in this series will offer a SWOT analysis, user selection guide, competitive alternatives, and additional evaluation and selection considerations.