A Global Data Analytics Major Partners with Zycus for Contract Lifecycle Management

PRINCETON, NJ – DECEMBER 19, 2018 – Zycus, a leading global provider of comprehensive and end-to-end Source-to-Pay software suite has announced that a data management and analytics organization has entered into a 3-year agreement with Zycus for its Contract Lifecycle Management solution suite and will soon begin implementation.

The organization has more than 100 offices globally that focus on data center infrastructure and artificial intelligence driven analytics.

The organization wanted to upgrade their contract management process and automate CLM. Currently, the creation of contracts, authorizing and attaching it to purchase requisitions to validate the expenditure was a manual process. As a part of this deal, the organization has licensed Zycus’ Contract Management and Request management solutions.

During the evaluation, Zycus was differentiated from other stand-alone contract management technology providers because of seamless integration with Zycus’ Request Management platform. It provides request specific form creation and hierarchal workflow approvals enabling users to collaborate easily with different departments for all procurement requests. The solution is perfectly aligned with the organization’s business goals.

“It is important for a company like this, who are pioneers in innovation in data driven technology, to conquer manual CLM. With Zycus’ iContract solution, they will be able to accelerate their contracting process and achieve compliance across the legal systems.” said Jeffery McKinnon, Vice President Sales – US, Zycus Inc.