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Zycus Unleashes Next-Generation Procurement Power with GenAI Innovations at Horizon 2024
MIAMI, FL – May 20, 2024 – Zycus, the pioneer in Generative AI-powered Source-to- Pay solutions, ignited a wave of innovation at its annual procurement conference, Horizon 2024. The event showcased a groundbreaking suite of GenAI advancements designed to elevate automation, intelligence, and efficiency throughout the Source-to-Pay (S2P) process.
Zycus Revolutionizes Procurement with Merlin
- Merlin Assist Chatbot: Integrated with Microsoft Teams, this AI assistant acts as the “front door” to procurement, allowing users to ask questions, extract contract details, generate summaries, develop strategies, and streamline workflows—all within the familiar Teams environment. As we say at Zycus, AI is the new UI.
- Merlin GenAI Power Apps: Delivered through AppXtend, these applications unlock 10x efficiency and effectiveness, addressing critical tasks such as streamlining approvals, automating contract risk management, simplifying sourcing, enhancing Accounts Payable, automating project management, facilitating supplier risk management, and validating reports with Insight Studio.
“Zycus’ Merlin GenAI addresses critical pain points across the S2P process, surpassing basic automation like invoice processing or user assignment,”
– Head of Indirect Procurement of a Global 500 company at Horizon
“With over 20 years of AI-driven innovation including five years with the Merlin AI platform, Zycus has built deep, well-managed datasets, ensuring effective GenAI model training and a nuanced understanding of customer needs. Our Appxtend API framework enables rapid development, deployment, and deep integration of GenAI across S2P processes.”
– Aatish Dedhia, Founder & CEO of Zycus
Industry Validation: Microsoft Recognizes Zycus Leadership
This exclusive, invite-only conference will gather over 200 delegates for three days of intensive learning and networking. It will feature over 20 expert-led sessions, strategic workshops, and panel discussions, focusing on actionable insights and advanced GenAI strategies. Attendees will enjoy a blend of professional enrichment and unique social experiences, from icebreaking activities on Miami’s shores to elegant dinners and a spectacular yacht gala.
“AI will transform the way individuals, teams, and organizations work”
“Zycus has integrated Azure OpenAI to infuse AI into its daily operations. The quantitative impact is very encouraging. From personalized experiences to streamlined workflows, AI will start becoming the cornerstone of Zycus’s success.”
– Samik Roy, Executive Director, Corporate, Medium and Small Businesses, Microsoft India
Zycus Horizon: A Springboard for GenAI Leadership
Horizon 2024 served as a powerful platform for Zycus to demonstrate its leadership in GenAI-powered procurement solutions, empowering businesses with significant efficiency gains, agility, cost savings, and a competitive advantage.
About Zycus:
Zycus is the leader in Source-to-Pay (S2P) solutions , pioneering the world’s first Generative AI powered platform that helps procurement achieve 10X speed and efficiency. It has been a trusted partner of choice for large global enterprises and is consistently recognized by leading analysts like Gartner and Forrester.
Start your #Gen-AIPoweredSourcetoPay journey with us, as you are #MeantforMore.
Zycus is the leader in Source-to-Pay (S2P) solutions , pioneering the world’s first Generative AI powered platform that helps procurement achieve 10X speed and efficiency. It has been a trusted partner of choice for large global enterprises and is consistently recognized by leading analysts like Gartner and Forrester.
Start your #Gen-AIPoweredSourcetoPay journey with us, as you are #MeantforMore.
Arnish Shah
Associate Director – GTM Marketing,
Zycus inc.
arnish.shah@zycus.com