Bidvest International Logistics to boost procurement performance with Zycus’ Source-to-Pay Suite along with AI powered AP solutions

Johannesburg, South Africa, August 9, 2023 | Bidvest International Logistics, South Africa’s leading global transport and logistics company, signed a multi-year contract with Zycus, the cognitive procurement software suite leader, to transform its source-to-pay landscape with Zycus’ AI-powered solutions.

Bidvest International Logistics, was established in 1910, its’ end-to-end logistics offering includes air, sea and road transport, warehousing, and customs brokerage services in all major industries. Bidvest International Logistics has operations in all the major centers in South Africa and has access to an exclusive global agent network with a presence in 120 countries, and 250 offices around the globe.

A key goal for Bidvest was to enable faster invoice processing, and optimize the entire PR to PO process including lowering PO processing costs, the organization has hence chosen eInvoicing solution with eProcurement alongside Zycus’ AI-led Accounts Payable (AP) Automation solution, which will also enable cost-efficient invoice processing, better supplier communications, dynamic discounting, and fraud detection as well as help in achieving global compliance. Also, being a supply chain-driven organization, effective supplier performance management was critical for Bidvest International Logistics, driving resilience and efficiency across the supply chain in addition to reducing leakage from maverick buying. Thus Zycus’ iSupplier, and iContract solutions were chosen to boost efficiencies and streamline the entire source to contracting cycle, to significantly shrink cycle times by eradicating the manual processes from the entire operation. iConsole, was also selected for enabling third party apps to integrate seamlessly.

“At Bidvest International Logistics, we were looking for an agile partner to overhaul our procurement processes and enable scalability and flexibility within our operations. We are happy to have empowered our Procurement and AP teams with Zycus’ scalable and sustainable solutions. We look forward to achieving our objectives together.”
– Maria Du Preez, Business Development Director, Bidvest International Logistics

“We are fully aligned with Bidvest’s strategy that encourages a performance-driven business model that continuously seeks scale and growth. We are confident that our best-in-class AI-powered source-to-pay solutions will help Bidvest achieve their key milestones in the near term.”
– Dixit Jasani, Senior Vice President, Global Sales, Zycus