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Understanding E-procurement, Part 1: Quantifying the Benefits

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Zycus

Published On: 03/30/2017

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understanding eProcurment

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Consider this: If your company spends $1 billion on indirect goods and services, buying through an e-procurement system can save you more than $3 million annually. Delivering that kind of savings to your companyโ€™s bottom line would certainly be a feather in your cap.

To learn how, spend a few minutes reading this complimentary report from The Hackett Group. Itโ€™s the first in a two-part series that explores why interest in e-procurement is percolating among businesses like yours.

Youโ€™ll find this report especially helpful if youโ€™re building a business case for adopting or improving an e-procurement system.

Download it now to read about:

  • Saving big through stronger compliance.
  • Ways to improve procurement efficiency.
  • How to reduce your requisition-to-PO cycle time.
  • Cutting data management costs.

IDC Highlights Zycus AI: A Game-Changer in Procure-to-Pay Solutions

Discover why IDC, a leading global market intelligence firm, recognizes the transformative potential of Zycus AI Solutions in the procure-to-pay space. This video delves into how Zycusโ€™s innovative technologies are revolutionizing procurement processes and driving efficiency in the Philippines and beyond. Watch the Video to Learn More!

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P.S. This is Part 1 of a two part series on e-procurement systems. In this part, we look at the factors that are driving companies to revisit their e-procurement solution choices.

Related Read:

  1. Understanding E-procurement, Part 1: Quantifying the Benefits
  2. Mastering Change Management in E-Procurement Software Implementation: Best Practices
  3. The Top 5 Benefits of E-Procurement: Streamlining Procurement for a Brighter Future
  4. Your Guide to eProcurement
  5. White Paper โ€“ Decoding AI in Procurement
  6. White Paper โ€“ Smart Procurement for Sustainable Savings

Leading Procurement in the AI Era: With Intelligent Orchestration Built for Speed and Impact

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Zycus is a leader in Cognititive Procurement. A leading SaaS platform used by many large enterprises across the globe for enabling efficiency and effectiveness of the procurement function.

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