An Established Conglomerate in Global Entertainment Signs up with Zycus for Spend Management

PRINCETON, NJ- JANUARY 3, 2019 – Zycus, a leading global provider of comprehensive and end-to-end Source-to-Pay software suite has announced that a leading media and entertainment organization has entered into a 3-year license agreement with Zycus for Spend Management.

The media mogul comprises businesses that create and deliver original content throughout the year to global audiences. Their popular program reaches more than 800 million homes worldwide in 20+ languages.

The corporation was promoting as many as 600 events every year and their approach to manage expenses was manual and laborious. It was getting exceedingly difficult to structure and assimilate data across literally hundreds of “business units”, hence, the corporation licensed Zycus’ Spend Analysis solution.

Zycus’ patented AI-based classification engine and formidable analytics tool which helps in identifying addressable saving opportunities, fortified Zycus’ foothold vis-à-vis its competitors. Zycus was able to provide a robust proof of its Spend Analysis solution which was visible through an effective impact on the bottom line.

“The corporation’s need to gain further visibility into its business spend and accurately classify its spend data could only be materialized through Zycus’ differentiating Spend solution. Scaling their procurement requirements and delivering best-in-class service is of utmost importance to us. We are extremely excited for our journey together.” – Bruce Saunders, VP Sales, US, Zycus Inc.