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Zycus positioned as a Visionary in the 2024 Gartner® Magic Quadrant™ for Source-to-Pay Suites. Read More

International Luxury Hotel Chain in Dubai Brings Their Purpose of Procurement Automation to Life with Zycus

Navigating a recession or economic downturn can be quite treacherous for organizations. Zycus’ RRR framework: Review, Reinvest and Redefine enables companies to evaluate their cost structure, prioritize investments that dynamize productivity & generate insights, and facilitate a modern work environment. This is pertinent to AP function-specific automation initiatives as well.

A leading Insurance provider is a good case in point, they implemented Zycus’ Framework in their day-to-day operations and achieved:

  • Higher savings of about $100k (GBP 83k or EUR 94k) by eliminating duplicate payments
  • Increased early-payment discounts by leveraging favorable terms for quick payments
  • Reduced the number of vendor management FTEs by 87%.

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