One of the World’s Largest Offshore Drilling Company Partners with Zycus for Procurement Efficiency

PRINCETON, NJ- JANUARY 03, 2019 – Zycus, a leading global provider of comprehensive and end-to-end Source-to-Pay software suite has announced that a leading international provider of offshore contract drilling services for oil and gas wells has entered into a 3-year license agreement with Zycus for its Spend Analysis, eSourcing, Contract Management, Supplier Information and Performance Management solutions and the deployment of the suite shall commence shortly.

The organization operates 40+ mobile offshore drilling units. They provide offshore drilling services globally.

The organization was looking for opportunities to enhance its operational excellence by streamlining their supply chain and procurement operations. This was essentially to drive impact through savings which directly reflects on the bottom line.

Zycus created a customized and customer-centric proposal which solely focused on its core-competencies and capabilities which aided in differentiating Zycus from other technology providers that the organization was evaluating. A great start helped Zycus in driving the deal from initial evaluation to the final decision.

“We are excited to have this organization on-board our robust procurement solutions platform. With multiple complex functionalities in the ever-growing drilling business, it is pertinent to capture maximum efficiency and structure. With Zycus’ integrated upstream suite, they’ll be able to achieve greater procurement excellency.” said Jeffrey McKinnon, Vice President Sales – US, Zycus Inc.