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Drive Exceptional Value with the Best Procure-to-Pay Software by Zycus
Go Beyond Basic Procure-to-Pay Software. The only P2P solution supporting generative AI, to help you achieve unparalleled efficiency, cost effectiveness and risk management.
In todayโs cutthroat business environment, streamlining your Procure-to-Pay (P2P) process isnโt a suggestion โ itโs the difference between thriving and surviving. Zycus isnโt just another P2P provider; innovation is ingrained in our DNA. We empower businesses to achieve unprecedented efficiency, control, and cost savings with our cutting-edge P2P software solution. Find how!
Manage all things P2P with Multiple Well Integrated P2P Solution
Go traditional P2P solutions. Zycus offers robust suite of tools to empower your entire procurement journey โ from requisitions to invoicing to inventory to supplier management and beyond.
- Generative AI-Driven Procurement: Enhance requisition, catalog, and PO management using Merlin AI.
- Automated Workflows: Reduce manual data entry and errors with intelligent automation.
- Supplier Collaboration: Streamline supplier interactions with a unified portal.
- Multi-channel Purchases: Access catalog, inventory, and punchout options with ease.
- Rule-based PO Generation: Achieve touchless PO creation with customizable rules.
- Touchless Invoicing: Minimize costs and improve accuracy with automated invoice processing.
- Compliance Management: Adhere to global eInvoicing standards effortlessly.
- Merlin AI Powered: Experience AI-based invoice extraction and cost allocation.
- Fraud Detection: Identify and mitigate fraud risks with AI-driven insights.
- Supplier Onboarding: Simplify onboarding through autonomous workflows.
- Unified Portal: Manage all supplier data and POs in a single repository.
- Pre-qualification & Evaluation: Ensure supplier reliability with thorough checks
- AI-Driven Management: Leverage Merlin AI for real-time inventory forecasting
- Cost Reduction: Optimize inventory levels and minimize excess.
- Integration: Seamlessly connect with other Zycus S2P modules.
Key Features that Set Zycus P2P Solution Apart
| Features |
|
|
|
|
|
|---|---|---|---|---|---|
| Generative Al-Driven Procurement | Yes | No | No | No | No |
| Merlin Al Chat Assist | Yes | No | No | No | No |
| Built-in Power Applications | Yes (Customizable) | No | No | No | No |
| Supplier Collaboration | Yes (Gen Al powered unified portal) | Yes | Yes | Yes | Yes |
| Multi-channel Purchases | Yes (Catalog Inventory, Punchouts) | No | No | No | No |
| Rule-based PO Generation | Yes | Yes | Yes | Yes | Yes |
| Touchless PO Management | Yes (With line-level handling) | Yes | No | No | No |
| Al-Powered Invoicing | Yes | No | No | No | No |
| Invoice Fraud Detection | Yes | No | No | No | No |
| 2-Way/3-Way Matching | Yes | Yes | Yes | Yes | Yes |
| Automated Workflows | Yes | Yes | Yes | Yes | Yes |
| Supplier Database | Yes | Yes | Yes | No | No |
| Pre-qualification & Evaluation | Yes | Yes | Yes | Yes | No |
| Integrated Payment Status | Yes | No | No | No | No |
| Self-Registration Portal | Yes | No | No | No | No |
| Highly Configurable | Yes | Yes | Yes | Yes | No |
| Global Regulatory Compliance | Yes | Yes | Yes | Yes | Yes |
ROI Assured with Unparalleled P2P Solution
Reduced Cost
Streamlined processes, automation, and improved supplier management lead to significant cost savings.
Enhanced Efficiency
Experience faster cycle times, improved accuracy, and reduced manual workload.
Greater Visibility
Gain real-time insights into your procurement processes and make data-driven decisions.
Improved Compliance
Ensure adherence to industry regulations and best practices.
Strengthened Supplier Relationships
Foster better collaboration and communication with your suppliers.
ROI Assured with Unparalleled P2P Solution
One thing that stood out for me at Zycus is Al. Al is coming and I am excited about it! I am going to look at ways we introduce Al in our business processes so we can be faster, leaner, smarter
Ben Briggs
Group General Manager at Procurement and Supply
Crown Resorts Limited
The thing that stood out for us for Zycus was having an integrated suite of products. With Zycus we were able to get the whole set of Source to settle or source to pay solutions that would help us set the groundwork for the future.
MikeMorsch
Vice President, Global Procurement at CDK Global
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Success Stories
Zycus Purifies P2P Processes of Australiaโs Trusted Water Utilities Provider
FAQ's
Accounts Payable Automation is the process of using technology to automate the tasks involved in processing invoices, such as data capture, approval workflows, and payment processing. This automation can save time and reduce errors, allowing for a more efficient and accurate AP process.Start your journey to financial progress with our comprehensive guide to Accounts Payable.
Accounts Payable Automation can benefit your business in several ways, including reducing manual data entry and errors, improving invoice processing speed, increasing visibility and control over the AP process, and reducing processing costs. By automating these tasks, businesses can free up valuable time and resources to focus on higher-value activities.Discover the power of AI for your business! Learn more about the benefits of AI-led AP Automation Solutions over OCR Tools.
Absolutely! Accounts Payable Automation is suitable for businesses of all sizes, including large enterprises. In fact, larger businesses may have even more to gain from AP automation, as they typically have more complex and high-volume AP processes that can benefit from automation.Take your business to the next level of efficiency with our AP Automation Solution for Large Businesses
Accounts Payable Automation solutions should be designed with security in mind, including data encryption, user access controls, and secure data storage. Itโs important to choose a reputable vendor with a strong track record of security and data protection.Ensure data security and safeguard your financial processes with Zycusโ Anomaly and Fraud Detection Software using AP automation
The cost of Accounts Payable Automation can vary depending on the vendor, the level of automation required, and other factors. Some vendors charge a flat fee, while others may charge based on the number of invoices processed. Itโs important to evaluate the potential benefits and ROI when considering the cost of an AP Automation solution.Explore the cost reduction capabilities of AP Automation for your business.
There are several signs that it may be time to consider AP Automation, such as a high volume of invoices, frequent errors, lengthy processing times, and limited visibility into the AP process. If your team is spending too much time on manual tasks, struggling to keep up with invoice processing, or facing other AP-related challenges, it may be time to consider automating your AP process.Being your journey to AP Automation now with Zycus
Common problems in Accounts Payable include manual data entry errors, delayed or lost invoices, lack of visibility into the AP process, and inconsistent or inefficient approval workflows.ย These problems can lead to a range of issues, such as late payments, missed discounts, strained vendor relationships, and increased processing costs.Strategies and solutions to Tackle Accounts Payable Challenges in your function
The P2P (procure-to-pay) process in Accounts Payable involves the entire purchasing process, from requisition to payment. This process typically includes several steps, such as vendor selection, purchase order creation, invoice processing, and payment approval and processing.Help move your finance and procurement functions from silos to synergy
Three-way matching in Accounts Payable is the process of matching three key documents to ensure accuracy and prevent fraud: the purchase order, the receipt of goods or services, and the vendor invoice. By comparing these documents, businesses can verify that they are paying the correct amount for the correct goods or services, reducing the risk of errors or fraud.Explore Three-way matching automation and its benefits
AP Automation software is a technology solution designed to streamline and automate the Accounts Payable process. This software can include features such as data capture, invoice approval workflows, payment processing, and reporting and analytics. By automating these tasks, businesses can reduce errors, improve processing times, and gain better visibility and control over their AP process.
