Global resource-based industrial group gains spend visibility with Zycus

Malaysia, September 07, 2020: Zycus, a global leader in AI-driven source-to-pay software solutions, announced a 3-year contract with a leading global resource-based manufacturing industrial group of companies to strengthen their Spend Management.

The organization wished to improve spend visibility, identify and control maverick spend as well as ensure spend compliance. Zycus’ iAnalyze not only ensured identification, capture, and graphical representation of spend data but it also helps accelerate decision-making with real-time COVID & Spend dashboards and automated savings opportunity identification module. Zycus’ comprehensive multi-parameter reporting helps improve spend visibility across divisions, Suppliers, categories etc.

The company selected Zycus over legacy spend software solutions because of Zycus’ industry experience and Artificial Intelligence driven technological leadership of over two decades. The decision helped the client establish a robust spend management software, ensuring a powerful procurement organization that directly added value to the organization’s strategic objectives.

“This partnership with a global conglomerate cements Zycus’ long-standing leadership in the spend management domain,” Says Dixit Jasani, Sr. VP, Sales and Marketing. He adds, “We, at Zycus, aim to stay ahead of the curve with the ever-evolving technology empowering the procurement organizations across the world by investing heavily in our R&D. Our continued focus on AI driven automation solutions helps transform the procurement processes rapidly.”