Feb 15 :: Zycus announces ADP has selected their Auto-Classification software for enhancing spend data quality

AI based AutoClass software to enable automatic processing of unclassified spend data into granular UNSPSC; spend data warehouse infrastructure to serve as foundation for gaining detailed visibility into their enterprise spend processed through Ariba Analysis

New Jersey, US : February 15, 2005 - Zycus Inc., providers of Zycus Spend Data Management™ software today announced that Automatic Data Processing (NYSE:ADP) has selected AutoClass, Zycus’ artificial intelligence based commodity classification software - an integral part of Zycus Spend Data Management™ product suite for driving detailed spend visibility across its enterprise wide spend. Zycus’ AutoClass, will be used by ADP to classify spend data (item descriptions & supplier) at a granular level prior to analysis on the ARIBA platform.

Commenting on the win Sandip Maiti, VP-Marketing, Zycus said, “Companies like ADP have reinforced Zycus’ vision. The time for large global organizations to set up an automated Spend Data Management platform for better sourcing and procurement has arrived. We are glad that ADP has chosen to use Zycus’ data quality tools to get detailed visibility into their enterprise spend.”

About Zycus
Zycus is a leader in Spend Data Management™ (SDM) with a compelling vision for enterprises who plan to transform their procurement organization and stay at the cutting edge of Supply Management. SDM is the foundation to cleanse, classify and enrich vendor, master and transactional data that powers on-going global spend analysis. Fortune 500 organizations such as General Electric, Dupont, 3M, Alcoa, US Federal Government Marketplace (GSA) and Unilever along with more than 35 Fortune 500 organizations have already implemented and experienced the power of Zycus software and solutions.

For media enquiries, contact:
Anurag Dixit
Director – Marketing, Spend Analysis Solutions
Zycus Inc.
Ph. +1 888 451 0145;
Email: anurag@zycus.com

© 2006 Zycus Inc. Zycus Spend Data Management™ is Zycus’ trademark.
All other trademarks, trade names, logos, brands if any, are used for identification purposes only and belong to their respective owners.