Extending Efficiency Gains With Sourcing Technology: Zycus

Companies today are facing tremendous pressure in terms of global competition, uncertainty, and emerging risks that affect both their financial and operational health. Meanwhile, the Chartered Institute of Purchasing and Supply defines P2P as a “seamless process enabled by technology designed to speed up the process from point of order to payment.”

Sourcing technology has transformed this process by eliminating time-consuming and inefficient silos. While many companies are still using cumbersome manual processes to manage procurement, a big chunk has already shifted to Procurement technology. Having a solution but not using it in the right way is as bad as not having a solution at all.

This paper highlights how you can get the best outcome from your sourcing technology solution and extend efficiency gains.