Putting the Supplier at the Heart of Procurement Thinking
In this Spend Matters Perspectives briefing, we will consider Supplier Management, and suggest that the time may have come for procurement executives and organisations to put it at the heart of their strategy. Might it even take over from...
The Supplier Information & Performance Dossier
With the procurement world talking about the news over supplier failures, supplier innovation, supplier relationship management, conflict minerals rule etc., it's hard to ignore the fact that suppliers are an organization’s partner in success or failure.
A Fortune 500 Energy Company adds Zycus' Supplier Performance Management for a sustainable supplier relationship
Read the case study to understand how Zycus' Supplier Management Solution helped a Fortune 500 Energy Company combat the lack of a centralized repository system for all the supplier data and the inability to gather information directly from suppliers. The automation also facilitated a process for internal users to deliver subjective inputs as to how well the supplier relationship was working...
On Demand Webinars
Critical Competitive Advantage through New Generation Contract Life Cycle Management, June 2014
Vice President, Principal Analyst Serving Sourcing & Vendor Management Professionals Forrester Research, Inc.
High performing businesses take countless pathways to excellence - innovation, finance, operations, supply chain, quality, customer focus, marketing, and so many more. No matter which paths to excellence your enterprise chooses, the comprehensive Zycus Procurement Performance Solutions suite offers tightly integrated and configurable solutions that automate work and place procurement leaders at the heart of competitive business performance management.
Zycus Spend Analysis solutions offer fast, efficient, accurate, timely, and detailed visibility into spending - a vital requirement for all business enterprises.
Sourcing in an increasingly complex global economy presents challenges that surpass typical human capabilities for processing information and making the best supplier selection and business award decisions. The Zycus e-Sourcing Solution empowers procurement professionals to source both simple and complex categories with ease. They work more cost effectively, run more competitive sourcing events, and generate higher savings. Zycus e-Sourcing places procurement at the heart of competitive business performance.
Companies that neglect contract management and allow critical information to remain fragmented, distributed, unstructured, and trapped inside of digital scans, or PDFs expose themselves to multiple legal, market, and procurement return-on-investment (ROI) risks. The Zycus Contract Management Solution minimizes contract related risk and empowers procurement organizations to actively manage compliance and achieve maximum benefits.
Procurement leaders know there is only so much value they can deliver by relentlessly driving down supplier prices. They understand that the key to real global competitiveness is partnering with innovative, high-performing suppliers who invest continuously in reducing total supply chain costs.
For this organizations need - to communicate effectively, share information openly, pay bills on time, give suppliers voices, allow suppliers to be profitable and to grow their businesses, and work collaboratively with suppliers to set and achieve common goals. The Zycus Supplier Management Solution provides a comprehensive platform for automating all aspects of supplier performance and information management.
|Financial Savings Management
Procurement leaders have struggled for decades with the problems of how to align procurement performance with top-line financial success metrics and how to consistently measure and validate procurement cost savings in ways that are meaningful to corporate finance executives and P&L owners within their enterprises.
The Zycus Financial Savings Management Solution creates clear sight lines between procurement and top-line business performance objectives. It cuts across functional boundaries, promotes collaborative measurement, validation, and recognition of cost savings, and brings structure, credibility, and efficiency to the work of driving procurement - and overall enterprise - performance.
To effectively enable their organizations to be high performing, procurement needs to leverage technology to standardize and accelerate processes, and overcome human limitations of operating in a highly complex, global economy. To create a strategic impact and gain recognition within the organization, it is imperative for procurement to have far reaching insight into business requirements, purchases and payments.
Zycus Procure-To-Pay (P2P) is part of the integrated Zycus Procurement Performance Suite and automates the Procure-to-Pay process through its eProcurement, eInvoicing & Supplier Portal modules. Zycus P2P offers an easy to use solution that ensures rapid & mass user adoption.