Zycus recognized by Gartner for the 4th Consecutive Year for Procure-to-Pay Suites
November 28, 2022 |
Zycus, the pioneer in Cognitive Procurement, announced today that it has been recognized by Gartner in the 2022 Magic Quadrant for Procure-to-Pay Suites.
Zycus is an innovation forward procurement software provider that caters to clients globally. We believe these latest analyst reports are a great reflection of our strategy of continuous innovation in Merlin AI capabilities and building a robust partner ecosystem through AppXtend. We further feel, this recognition also demonstrates our vision and understanding of an ever-changing industry and technology which helps our customers become more agile and competitive with industry-specific and best-practice solutions that can transform their procurement.
Gartner Magic Quadrant for Procure-to-Pay Suites evaluates solution providers on two parameters – ‘completeness of vision’ by evaluating them across multiple criteria that show their “ability to understand current and future market trends, customer needs and competitive forces” — as Gartner views them, and ‘ability to execute’ by assessing its “product’s services, sales and marketing execution, and overall operations”.
Commenting on this recognition, Zycus Founder and CEO, Aatish Dedhia said, “We consider Zycus’ position in the Gartner Magic Quadrant to be a validation of our vision for the future of procurement, helmed by Merlin AI-powered Source-to-Pay suite of products, and our commitment to meet the industry-specific needs of our strong customer base spread across diverse geographies and industries with AppXtend.”
Gartner, Magic Quadrant for Procure-to-Pay Suites, 28 November 2022, Micky Keck, Lynne Phelan, Balaji Abbabatulla, Patrick Connaughton
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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.
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