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Zycus Recognized as Technology Leader in SPARK Matrix™ for Strategic Sourcing Applications 2023
NJ, Princeton, 24th Aug 2023 – Zycus, a leader in Cognitive procurement, announces its remarkable recognition as a Technology Leader in the recently concluded SPARK Matrix™ for Strategic Sourcing Applications 2023. The comprehensive analysis conducted by a prominent global analyst firm placed Zycus in an exceptional position, highlighting its outstanding performance in both Technology Excellence and Customer Impact categories.
According to the report’s insightful analysis, Zycus’ strategic sourcing suite stands out for its exceptional ability to optimize the complete source-to-contract lifecycle, driving unparalleled value realization for organizations. The software’s impact is palpable, as it seamlessly aligns specific functionalities with other Zycus solutions, thereby unlocking substantial business potential.
“Our relentless pursuit of innovation and customer-centric solutions has been instrumental in achieving this recognition,” said Aatish Dedhia, CEO of Zycus. “We are thrilled to be acknowledged as a Technology Leader in the SPARK Matrix™ for Strategic Sourcing Applications 2023. This achievement reflects the dedication of the entire Zycus team and our unwavering commitment to empowering organizations on their procurement journey.”
The report highlights Zycus’ comprehensive solution, cloud-native approach, robust technology architecture, and strong customer base as key strengths. With a proven track record and a forward-looking roadmap, Zycus is positioned for market expansion and increased market share.
Zycus’ distinctive features, such as the Merlin AI Suite and DewDrops, have garnered special attention. The Merlin AI Suite, in particular, has revolutionized the procurement landscape by offering a transformative procurement model. This model not only reduces total cost of ownership and risk but also improves turnaround time. With its intelligent predictions and actionable insights, the suite empowers organizations to stride confidently toward autonomous procurement.
Zycus is the pioneer in Cognitive Procurement software and has been a trusted partner of choice for large global enterprises for two decades.
Zycus powers its S2P software with the revolutionary Merlin AI Suite. Merlin AI takes over the tactical tasks and empowers procurement and AP (Accounts Payable) officers to focus on strategic projects; offers data-driven actionable insights for quicker and smarter decisions, and its conversational AI offers a B2C type user-experience to the end-users.
Start your #CognitiveProcurement journey with us, as you are #MeantforMore.
Navneet Kaur
Assistant Manager – Marketing, Zycus inc. media@zycus.com