Valaris chooses Zycus’ AI-powered procure-to-pay solution to transform its procurement process
February 07, 2022, New Jersey: Valaris Limited, the industry leader in offshore drilling services across all water depths and geographies, signed a multi-year contract with Zycus, the pioneer in Cognitive Procurement software suite to transform its procure-to-pay process.
With commitment to efficiency, capability & ingenuity and sights set on a bold future, Valaris embarked on a digital transformation journey of its procurement processes with Zycus.
Valaris’ immediate focus is on AP processing (Invoice Automation), vendor management and reporting aspects. Zycus’ AI-powered Merlin Invoice Reader will automatically extract key information from the invoice documents and Merlin AP Smart Desk will simplify the enormous task of managing incoming supplier queries and requests.
“Zycus is privileged to support Valaris’ core goal to provide responsible and innovative solutions that deliver energy to the world. Valaris’ investment in Zycus’ Cognitive Procurement technology is a true reflection of their vision and commitment to innovation and quality.” – James Kanir, Vice President, North America at Zycus.
About Zycus:
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.
Start your #CognitiveProcurement journey with us, as you are #MeantforMore.