Global Outdoor Advertising Giant Partners with Zycus for Spend Analysis and Reporting

Princeton, NJ, January 04, 2019: Zycus, a leading global provider of comprehensive and end-to-end Source-to-Pay software suite has announced that a leading outdoor advertising giant headquartered in Texas has entered into a 3-year agreement with Zycus for their procurement transformation.

The organization is known for having displays in 30+ countries across Europe, Asia, Latin America and North America reaching millions of people monthly.

The organization wanted to upgrade their existing Spend Analytics system and improve the quality of their spend data. As a part of this deal, the organization has licensed Zycus’ Spend Analysis solution, with possibility of looking at Zycus’ Contract Management and Financial Savings Management solutions. The organization is also looking forward to the complete suite solution from Zycus in the long term.

During the evaluation, Zycus was differentiated from other stand-alone spend analysis technology providers because of seamless integration and added categories like CIP (Construction in Progress).The dedicated team was able to articulate added value in tracking construction project expenses while in progress before being completed and moved to an asset category. The Zycus team showed great understanding of problems associated with common supplier contracts and discussed past experience in helping companies facing similar problems.

“Zycus’ spend data management address all the challenges of enterprise spend data classification. It elaborates on the processes that can help successfully extract actionable information from your spend data which in turn can help organizations create strategic sourcing initiatives and achieve savings. We’re delighted to have the client on board with us and we look forward to a great professional relationship” said Jeffrey McKinnon, Vice President of Sales at Zycus Inc.