PRINCETON, NJ MARCH 23, 2017 Zycus, a leading procurement technology solutions provider across the Source-to-Pay cycle, announced today that a leading private North American insurance company is adopting its much sought after eSourcing solution.
Being one of the leading insurance firms in North America, the client was looking at controlling their overall spend on claims, as they were required to make multiple payments for every claim as is the case in any large insurance firm.
The client is looking at adopting Zycus’ entire strategic sourcing suite to streamline their procurement processes in the long run, initiating their procurement transformation project with Zycus’ robust eSourcing solution.
The leading firm believed that Zycus’ eSourcing solution is visually appealing, fairly intuitive and a very easy to use solution. One of the reasons they chose Zycus was its integrated suite potential and how the modules communicated with each other. Zycus being featured as a leader in the Gartner’s Magic Quadrant was also one of the key reasons for selecting Zycus.
The client followed a detailed evaluation procedure through an extensive RFP and selected Zycus after multiple rounds of product demonstrations, on-site meetings and in-depth market research. "There has been a growing demand for an integrated suite of procurement solutions in the market. Zycus focuses on meeting this demand with an organically built solution suite which is built on the same platform and hence offers seamless integration within its modules.” says Zycus founder and CEO Aatish Dedhia.
Zycus is a leading global provider of end-to-end Source-to-Pay suite. Its comprehensive product portfolio includes applications for both the operational and the strategic aspects of procurement - eProcurement, eInvoicing, Spend Analysis, eSourcing, Contract Management, Supplier Management, Financial Savings Management, Request Management and Project Management. It’s client base consist of some of the best-of-breed companies across verticals like Manufacturing, Automotive, Banking and Finance, Oil and Gas, Food Processing, Electronics, Telecommunications, Chemicals, Health and Pharmaceutical, Education and more.
Manager- Public Relations