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.
Assistant Manager – Marketing, Zycus Inc.