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Blog articles with insights, strategies, & best practices for procurement excellence with Zycus expertise.

Accounts Payable Turnover Ratio

Why the Accounts Payable Turnover Ratio Matters for Your Business

Research suggests that a whopping 55% of new businesses close within 5 years of starting and only 33% are able to survive beyond 10 years or more. One of the top most reasons for businesses to fail is lack of capital and adequate funds or liquidity to run day-to-day business operations. Poor management and marketing

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Internal Controls in Accounts Payable

Setting Up Internal Controls in Accounts Payable Processes

In today’s technologically evolved and digitally connected world geographical borders …

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Change management in an AI-led procurement world

Change management in an AI-led procurement world

Change is the only constant, as they say. Hence change …

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procurement advice

Procurement Advice – 5 practical steps to combat COVID-19!

Getting practical procurement advice is difficult in the current scenario. …

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You Probably Didn't Know these 6 Procurement Myths

You Probably Didn’t Know these 6 Procurement Myths

You are here to learn about six procurement myths that …

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Internal Controls in Accounts Payable

Setting Up Internal Controls in Accounts Payable Processes

In today’s technologically evolved and digitally connected world geographical borders …

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AI in Procurment

How AI Can Solve the Biggest Challenges in Procurement

Need for Artificial intelligence in Procurement As Procurement leaders plan their …

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future ready procurement leaders quick guide for digital signatures

Future Ready – Procurement Leader’s Quick Guide For Digital Signatures

The COVID-19 pandemic has made the digital ecosystem play a …

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Chatbot Solutions for Procurement

Chatbot Solutions for Procurement

The quote from Gartner emphasizes the importance of considering conversational …

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Demystifying Source-to-Pay

Demystifying Source-to-Pay: A Manual for the Modern Procurement Era

The ever-changing procurement landscape demands businesses to find smarter and …

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CPO Thanksgiving Thumbnail

A CPO’s 2022 Thanksgiving Prayer

Thanksgiving is a special occasion. It is a time for …

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Indirect Vs Direct Procurement

Direct Procurement vs. Indirect Procurement : Key Differences Explained

Procurement can be divided into two main categories – Direct …

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