Merlin for Contract

Merlin AI automates the otherwise resource intensive metadata extraction. Now metadata can be accurately extracted in a matter of seconds while you can monitor risk associated and derive necessary insights.

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Merlin for Contracts

Three steps to Intelligent Contract Management with Merlin AI

Swift & accurate metadata extraction

Swift and Accurate Metadata Extraction

Find, extract, and review significant contract information in seconds with the help of Artificial Intelligence.

Complete visibility into risk

Complete Visibility into Risk

Automatically identify and assess risk associated with each stage of the contract lifecycle.

Reduced time and effort

Reduced Time and Effort

Focus on strategic negotiation and risk mitigation rather than manually finding metadata and risk areas in the contract.

Merlin for Contract offers Two Unique AI-enabled Products

Merlin Contract Discovery

Merlin Contract Discovery

  • Automate manual metadata extraction process with a high degree of efficiency and process compliance.
  • Increase operational use of information that was previously unreachable.
  • Accelerated decision-making with the help of accurately captured data points.
Edge over data to focus on what matters.
Merlin Insta Review

Merlin Insta Review

  • Automatically identify metadata, clauses and contract gaps.
  • Benchmark data against organizations’ best practices, and highlight review score at the contract level..
  • Get complete visibility into potential risks in your contracts along with suggestions to mitigate risk.
Keep hidden contract risks at bay.

Zycus Advantage

Intelligent document processing

Intelligent document processing

Comprehensive discovery and contextualization

Comprehensive discovery and contextualization

Real-time contract risk reviews

Real-time contract risk reviews

Predictive obligations management

Predictive obligations management

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Success Stories

Merlin Community Intelligence

Modern day CPOs & CFOs need to guage sourcing standards with the best-in-class. Zycus' MCI offers KPI level insights as against industry peers & against industry average keeping practitioners well informed about their stand & performance in real time.

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Merlin Community Intelligence

Three steps to effective peer benchmarking with Merlin AI!

Real time benchmarking

Real time benchmarking

Examine your performance vis-a-vis your peers vis-a-vis best performers

Clean Performance Data

Clean Performance Data

Get insights from millions of internal Source-to-Pay data points

Time agnostic

Time agnostic

Compare and benchmark across different time periods

Zycus offers this unique AI-enabled product

Merlin Community Intelligence

Merlin Community Intelligence

  • Highlights market-leading performance to senior management.
  • Identifies opportunities for resource reallocation.
  • Troubleshoots & remediate process bottlenecks.
  • Excludes outlier transactions (orphan transactions) to ensure metrics are not skewed.
Get real benchmark insights with the power of AI.

Zycus Advantage

Identifes opportunities to create value

Identifes opportunities to create value

Helps set realistic goals

Helps set realistic goals

Fosters strategic decision making

Fosters strategic decision making

Forward looking insghts help progress

Forward looking insghts help progress

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Success Stories

Merlin for Risk

Third party risk is a real and big concern. Procurement needs to move beyond one-time or annual third party risk management. Merlin AI offers industry-pioneering risk visibility by analyzing millions of online sources.

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Merlin for Risk

Three steps to effective Supplier Risk Management with Merlin AI!

Extensive Risk Profiling

Extensive Risk Profiling

Examine both existing & potential suppliers across a wide range of risks thoroughly

Complete Risk Visibility

Complete Risk Visibility

Get empowered to navigate supplier risks through risk scoring structures

One stop risk solution

One stop risk solution

Enjoy the power of early risk identification & mitigation at each stage from supplier on-boarding to lifecycle

Merlin for Risk offers a unique AI-enabled product

Merlin Supplier Risk Radar

Merlin Supplier Risk Radar

  • Continuously scans millions of risk sources & data online.
  • Identifies impacted suppliers and lists risk scores & sources all in a single view.
  • Provides timely & user preferred (customizable) risk alerts.
  • Integrated with Zycus iRisk to enable 360 degree risk monitoring.
Build supplier risk resilience with the power of AI.

Zycus Advantage

Supplier Risk Auto Alerts

Supplier Risk Auto Alerts

Tightly integrated with Zycus iRisk

Tightly integrated with Zycus iRisk

Covers extensive global & local risk types

Covers extensive global & local risk types

AI classifies risk severity with 90% accuracy

AI classifies risk severity with 90% accuracy

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Merlin for Spend

With Merlin AI generate predictive insights & accurate forecasts related to payment terms with suppliers. Enable strategic decision making & generate additional savings.

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Merlin for Spend

Three steps to effective Spend Management with Merlin AI!

Improve Working Capital

Improve Working Capital

Organizations have better control on optimizing working capital flows & impact

Better Payment Terms

Better Payment Terms

Cash conservation leads to additional savings, better negotiations & necesary cost avoidance

Benchmarked recommendations

Benchmarked recommendations

Each supplier is benchmarked agains't those in its' category

Merlin for Spend offers a unique AI-enabled product

Merlin Payment Term Maximizer

Merlin Payment Term Maximizer

  • Supplier spend & terms data analyzed with Merlin AI.
  • Recommends best terms for suppliers across locations, time period, category et al.
  • Provides feedback on custom pay terms (what if analysis on savings achieved & working capital impact).
  • Uses latest AI technologies to make smart data driven decisions & negotiate better.
Optimize spend with the power of AI.

Zycus Advantage

Better negotiation control

Better negotiation control

Identify savings opprotunities

Identify savings opprotunities

High visibility in supplier activities

High visibility in supplier activities

Optimal Market intelligence

Optimal Market intelligence

Resources

Success Stories

A Digital Enabler for AP Automation

An intelligent solution that leverages AI and automate the capture of invoices by performing template-less invoice extraction. It also recognizes the intent of the supplier email and generate an automated response.

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An Intelligent Procurement Platform
Enhanced Productivity

Enhanced Productivity

Reduce Turnaround Time

Reduce Turnaround Time

Maximize Savings

Maximize
Savings

Minimize Payment Related Risks

Minimize Payment Related Risks

Self-learning artificially intelligent Merlin for AP
offers two unique AI-powered products

AP Smart Desk

AP Smart Desk

  • Recognize the intent of the email from the message content, subject and the source.
  • Auto-generate responses to supplier emails on payments and invoice queries.
  • Know instantly the current status of every invoice.
  • Assign owners after auto-classification of queries into buckets.
Invoice Reader

Invoice Reader

  • Reduce invoice processing cost by 50%.
  • Identify and extract items including taxes and other critical information using AI.
  • Ensure smooth data extraction even from unstructured invoices with unknown formats.
  • Enable reading invoices in multiple formats ranging from JPEG, JPG, PDF and TIFF with 200 dpi or better.

Zycus Advantage

Reduction in average invoice processing time

Reduction in average invoice processing time

Reduction in time to respond to supplier queries

Reduction in time to respond to supplier queries

Reduction in invoice exception rate

Reduction in invoice exception rate

Increase in share of early payment discount

Increase in share of early payment discount

Leading Analysts Testify

Forrester

The Forrester Wave™: CLM for Buy-Side Contract Suite, Q4 2021

Zycus cited as a ‘Leader’ in The Forrester Wave™: Contract Lifecycle Management for Buy-Side Contract Suite, Q4 2021.

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Gartner

Gartner's Magic Quadrant for Procure to Pay Suites 2021

Zycus significantly moves ahead for 3 consecutive years on the 'completeness of vision' and 'ability to execute' axes in the Gartner Magic Quadrant for Procure-to-Pay Suites, 2021

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Forrester

The Forrester Wave™: eProcurement Platforms, Q4 2019

Zycus cited as a ‘Strong Performer’ in the Forrester Wave™: eProcurement Platforms, Q4 2019

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Resources

Success Stories

Experience Cognitive Procurement Software, Today!

Witness the automation & digitization of the source to pay process.