Cognitive Procurement is the holistic application of Artificial Intelligence across the Source to Pay cycle and combines Autonomous procurement, Actionable predictive intelligence, and Conversational AI and drives significant value to your procurement function:

Autonomous Procurement – Zycus’ Merlin AI suite takes over the tactical tasks and empowers procurement and AP officers to focus on strategic projects

Actionable AI - Offers data-driven actionable insights for quicker and smarter decisions

Interactive AI - Assists you at every step to give you a seamless and intuitive user experience, identical to what you are used to in your personal lives!

Cognitive Procurement, our new identity is our brand promise to our clients, partners & stakeholders, and a purpose for the Zycus family.

Join us on our journey as we leap into the future of procurement transformation!

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Resources

 

Zycus Insight Studio

Gain Real-Time Visibility into Procurement Data

Accelerate Reporting Process

Accelerate Reporting Process

Reduce Data Inconsistency

Reduce Data Inconsistency

Simplify Report Creation

Simplify Report Creation

Create Powerful Dashboards and Charts

Create Powerful Dashboards and Charts

 

Key Features

Zycus Insight Studio provides cross product reporting and visualization across all modules within the Source-to-Pay suite

 

Cross Product Reporting

Enhanced reporting capabilities backed by seamless data flow across modules

Inclusion of Calculated Fields

Ability to create and report on calculated fields as per business requirements

Reporting on Custom Fields

Creation and reporting on all fields, including organization specific custom fields

Real Time Data Refresh

Real time visibility on a centralized platform leading to faster Turn Around Time (TAT) on reporting

Report Scheduling

Scheduling auto-runs at periodic intervals for client specific reports

Unified Dashboard and Chart View

Streamline and centralize data for greater level of insight and business intelligence

Resources

 

Spend Visibility means Improved Savings

Cost reductions start with connected business processes, improved process efficiencies, reduction in manual documentation and real time data visibility. Connected business processes help in purchasing at the best price available and reducing maverick spends. Process efficiency saves overhead and operational costs. Data visibility helps in capturing savings opportunities from contract payment terms and early payment discounts from suppliers.

 

Cost Savings add up Profit

Every dollar amassed by identifying savings opportunities helps maximize profits.

See Cost Reduction Avenues

Gain visibility at one place into cost reduction opportunities in purchasing and settle processes by seamlessly integrating and automating procurement and invoicing work streams to save more per invoice.

Act on Savings Opportunities

Act on real time spend flow data to save per purchase by buying from preferred vendors, leveraging contract terms better and proactively capturing early payment opportunities with easy mobile access portal.

Realize Savings to Profits

Accumulate savings by sourcing and purchasing smarter, better and with more efficiency by uncovering new ways to realize dollar savings in every transaction and adding to your business’ bottom line.
 
 

Zycus for your ERP

Cross functional integrated technology ecosystem is the future. Zycus’ Financial software can integrate seamlessly with any ERP and functional modules like Supplier Information Management and Contract Management to provide a connected work stream engine to bring all business spend data at one place for better control, monitoring of purchase operations,planning and to make your business future ready with a connected, centralized technology eco-system.

 

Related Technology Solutions

Build an integrated platform engine working for your business.

Procure-to-Pay

Empower your business with "Guided Buying" - a Procure-to-Pay innovation that closes the compliance blind spots for off-catalog requisitions enabling both improved buying and process compliance.

Early Payment Discounts

Improve cash flow management and multiply savings by leveraging early payment discounts from preferred suppliers to pay the best price for procured goods and make the most out of contract payment terms.

Financial Savings Management

Maintain a single version of truth into forecasted and actual savings to align them better to your savings objectives and to map the impact of your savings on the bottom line.
 

 

Stronger Relationships for Improved Working Capital

Buyers and Suppliers are the cornerstone of any business transaction and striving to improve working capital positions for both parties goes a long way in improving long term partnership between them to build a profitable business for both. Zycus’ Financial software offers innovative strategies for better capital management to impact revenue directly for both the buyers and suppliers and creates visibility with a single source of truth into the cash flow for better monitoring, control and planning.

 

Manage Cash Innovatively

Process efficiency creates working capital opportunities for both suppliers and buyers to create a balanced relationship based on cash management best practices.

Gain visibility into the cash flow as part of business purchasing transactions with cross functional technology integration and process automation.

Create and leverage dynamic discounting programs with preferred suppliers to extend DPO and shorten DSO to improve capital positions.

Realize cash in the form of cost savings through improved and automated PO-invoice management and better contract payment terms with suppliers.

 

Zycus for your ERP

Cross functional integrated technology ecosystem is the future. Zycus’ Financial software can integrate seamlessly with any ERP and functional modules like Supplier Information Management and Contract Management to provide a connected work stream engine to bring all business spend data at one place for better control, monitoring of purchase operations, planning and to make your business future ready with a connected, centralized technology eco-system.

Related Technology Solutions

Build an integrated platform engine working for your business.

AP Automation

Improve capital flow with lower invoice processing costs, minimum paper based transactions, heightened process efficiency and visibility into strategic saving opportunities on supplier payments.

Procure-to-Pay

Empower your business with "Guided Buying" - a Procure-to-Pay innovation that closes the compliance blind spots for off-catalog requisitions enabling both improved buying and process compliance.

Early Payment Discounts

Improve cash flow management and multiply savings by leveraging early payment discounts from preferred suppliers to pay the best price for procured goods and make the most out of contract payment terms.
 

Compliance is more than just a feature

Financial compliance is the foundation on which strong businesses are built. Finance teams needs visibility, robust auditability and sturdy control into spend flow to minimize business risk. Zycus’ Financial software gives the user a centralized view of connected strategic business processes in Procurement and Accounts Payable to help businesses adapt to changing conditions, improve process efficiency and grow over a solid financial compliance core.

 

3 Pillars of Financial Compliance

Disjoint technology and processes across procurement and accounts payable function puts businesses at risk.

Real-Time Spend Visibility

Real-time centralized spend visibility gives business the power to maintain control over business processes, identify risks in spend transactions and proactively minimize it to improve compliance and decrease frauds.

Audit Trails for Better Control

Connected technology and processes are a key to a good audit trail enabling all business spends to be monitored in one place, controlled and every transaction activity to be audited end-to-end automatically.

Approval Controlled Spend

Easy to configure, dynamic approval chains enable businesses to get every spend flow approved by the right authority before the transaction even takes place to strength compliance.
 
 

Zycus for your ERP

Cross functional integrated technology ecosystem is the future. Zycus’ Financial software can integrate seamlessly with any ERP and functional modules like Supplier Information Management and Contract Management to provide a connected work stream engine to bring all business spend data at one place for better control, monitoring of purchase operations, planning and to make your business future ready with a connected, centralized technology eco-system.

 

Related Technology Solutions

An end-to-end engine built over the foundation of financial compliance.

Procure-to-Pay

Empower your business with "Guided Buying" - a Procure-to-Pay innovation that closes the compliance blind spots for off-catalog requisitions enabling both improved buying and process compliance.

Supplier Management

Control regulatory compliance during supplier on-boarding, better identification of supplier-related risks and credible, complete supplier information in one place for better process management.

Contract Management

Enhance compliance in contracting processes across multiple legal and government regulatory systems to monitor and minimize market and contract expiry risk and improve continuity of important contracts.
 

 

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