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

CGS-CIMB accelerates its procurement processes with Zycus’ AI-enabled S2P solutions

CGS-CIMB Securities (“CGS-CIMB”) has signed a multi-year contract with Zycus, the pioneer in cognitive procurement software suites, to accelerate its source-to-pay blueprint with Zycus’ AI-enabled solutions. In so doing, CGS-CIMB will be able to centralise, streamline and automate its procure-to-pay processes, supplier communication and accounts payable processes.

“At CGS-CIMB, we believe in continuous improvement with best-in-class automation and process efficiency. Zycus is an important partner in this transformational journey, providing next-generation, sophisticated yet simple technologies that will deliver value to our key stakeholders.”

– Jamie Tan, Group Head Procurement, CGS-CIMB

“Zycus, a trusted global partner of choice, with solutions that are critically acclaimed by leaders such as Forrester & Gartner for new age innovation, will help CGS-CIMB improve efficiency, compliance, and visibility across the board by end-to-end procurement transformation. This partnership is a testimony to our continuous efforts towards making procurement strategic, sustainable and purposeful.”

– Dixit Jasani, Senior Vice President – Global Sales


CGS-CIMB Securities (CGS-CIMB) is one of the leading integrated financial service providers in Asia. It is a joint venture between China Galaxy International Financial Holdings Limited, a wholly-owned subsidiary of China Galaxy Securities Co. Ltd., and CIMB Group Sdn Bhd.

Through a network of local offices, branches, and strategic partners, we have a direct global presence in over 20 countries and territories, providing a truly Asian perspective. We are well-positioned as Asia’s leading financial gateway with a core focus on deep-dive research and in-depth analysis on equities and financial products. We are a customer-centric firm and focus on value creation for clients, offering a suite of investment and financial solutions for retail and institutional clients. Our businesses include retail broking, institutional equities, derivatives, prime services, equities research, wealth management and online broking.

Backed by an award-winning research team, we have one of the most comprehensive research coverages of over 800 stocks. Our strong research capabilities form the backbone of our product and service offerings, connecting clients to opportunities.

About Zycus: Zycus is the pioneer in Cognitive Procurement software and has been a trusted partner of choice for large global enterprises for two decades. Zycus has been consistently recognized by Gartner, Forrester, and other analysts for its Source-to-Pay integrated suite. Zycus powers its S2P software with the revolutionary Merlin AI Suite. Merlin AI takes over the tactical tasks and empowers procurement and AP officers to focus on strategic projects; offers data-driven actionable insights for quicker and smarter decisions, and its conversational AI offers a B2C type user-experience to the end-users. Start your #CognitiveProcurement journey with us, as you are #MeantforMore.
Zycus Inc.

Adit Bhambore

Assistant Manager – Marketing, Zycus Inc.

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