Publicly Traded American Bank signs a 3-Year Contract with Zycus for Procure-to-Pay Solution

Princeton, NJ, April 10 2019: Zycus, a leading global provider of comprehensive and end-to-end Source-to-Pay software suite has announced that a publicly traded American Bank has signed a 3-year contract with Zycus to optimize their procurement process.

The Delaware-Charted bank is a full-service bank offering services such as saving and checking accounts as well as lending products

The bank is looking strengthen their procurement and eInvoicing and have chosen to go with Zycus’ entire Procure-to-Pay suite. With this upgrade the bank will be able to automate the processes and procedures with respect to their procurement.

During the evaluation, Zycus was differentiated from other technology providers because of comprehensive functionalities as well as flexibility. The Zycus team presented great understanding of problems associated with consolidating Procure-to-pay frameworks.

“Banks are known for being extremely risk adverse, and those choosing Zycus shows that all of our products are compliant with the laws. However, we focused on ensuring that we ‘listened’ to the banks requirements and ensured that we are were extremely responsive.” Said Bruce Sanders, VP of Sales at Zycus.