Zycus partners with the Association of American Medical Colleges to Enhance its Supplier and Contract Management with AI-powered Merlin Solutions
[Princeton, New Jersey; 12 April 2024] – The Association of American Medical Colleges (AAMC), a not-for-profit association representing accredited medical schools and teaching hospitals, has signed a multi-year deal with Zycus, a pioneer in GenAI-powered source-to-pay software solutions, to overhaul its procurement processes and move towards leveraging AI-powered solutions for streamlined contract management & sourcing, enhanced supplier diversity capabilities, and robust supply chain management.
The AAMC leads and serves the academic medicine community to improve the health of people everywhere. Founded in 1876 and based in Washington, D.C., the AAMC is a not-for-profit association dedicated to transforming health through medical education, health care, medical research, and community collaborations. Its network of member institutions encompasses the full spectrum of medical education, including 171 accredited medical schools in the United States and Canada, over 400 teaching hospitals and health systems that include Veterans Affairs medical centers, and more than 70 academic societies.
The AAMC identified the need for a solution that eliminates manual steps, streamlines operations, and sets the stage for future growth. Zycus’s suite of products, including iContract, iManage, iRequest, iRisk, iSaaS, iSource, iSupplier, Merlin for risk and contract management, and Merlin Assist, will replace the AAMC’s current tools, offering a seamless, integrated approach to procurement management.
“This collaboration with the AAMC is a testament to our commitment to driving innovation in procurement through AI. By leveraging Zycus’s Merlin AI solutions, we aim to transform the AAMC’s procurement processes, setting a new benchmark for efficiency and strategic sourcing in the healthcare education sector.”
– Dixit Jasani, Senior Vice President – Global Sales, Zycus
The comprehensive suite from Zycus, coupled with a Workday ERP integration, will enable the AAMC to focus on its long-term plan, incorporating supplier diversity and a robust solution that promises good integration. The AAMC’s decision to partner with Zycus was influenced by several factors, including Zycus’s ability to leverage suite capabilities beyond the Source to Contract space, the ease of use, and the capabilities of its AI-powered Merlin solutions.
About Zycus:
Zycus is the pioneer in Gen-AI powered Source-to-Pay software and has been a trusted partner of choice for large global enterprises for over two decades. Zycus powers its S2P software with the revolutionary Merlin Gen-AI Suite. Merlin Gen-AI takes over the tactical tasks and empowers procurement teams to focus on strategic projects; it offers data-driven actionable insights for quicker and smarter decisions, and its conversational AI offers a B2C-type user experience to the end-users.
Start your #Gen-AIPoweredSourcetoPay journey with us, as you are #MeantforMore.
Zycus is the pioneer in Gen-AI powered Source-to-Pay software and has been a trusted partner of choice for large global enterprises for over two decades. Zycus powers its S2P software with the revolutionary Merlin Gen-AI Suite. Merlin Gen-AI takes over the tactical tasks and empowers procurement teams to focus on strategic projects; it offers data-driven actionable insights for quicker and smarter decisions, and its conversational AI offers a B2C-type user experience to the end-users.
Start your #Gen-AIPoweredSourcetoPay journey with us, as you are #MeantforMore.
Adit Bhambore
Assistant Manager – Marketing,
Zycus inc.
adit.bhambore@zycus.com