Leading Investment Group Selects Zycus to Support its Procurement Transformation

Dubai, UAE, Oct 11, 2018 – Zycus, a leading global provider of comprehensive and end-to-end Source-to-Pay software suite has announced that they have signed a 5-year contract with a leading Investment group that provides private equity investment service to clients worldwide.

The organization provides capital resources and management guidance to companies in the education, media & communications, clean-tech and life sciences sectors.

They had taken a decision to automate their procurement processes because they wanted to upgrade their existing manual processes. Hence, they required a tool to streamline the procurement process as tracking the contracts and sourcing events was a challenge. As part of this deal, the organization has licensed Zycus’ Source-to-Pay suite that includes eSourcing, Contract Lifecycle Management (CLM), Supplier Management, and Procure to Pay.

The organization wanted a solution which is easy to use, intuitive and cost effective. So, they evaluated the solution providers who could help them increase adoption, automation, compliance and provide analytics. Besides being comprehensive, the ability to support future requirements in a single integrated suite, earned a unanimous buy-in of customer’s stakeholders.

“We are delighted to provide our comprehensive, end-to-end platform to support their strategic sourcing and procurement initiatives. They will be able to derive better value and ROI with Zycus’ integrated suite. Enabling their growth and enhancement is a significant priority for us.” said Hriday Gopal, Director – Sales, Zycus Infotech.