Zycus and ITC Infotech Collaborate to Deliver Best-in-Class Procurement Solutions

London, March 02, 2017 – Zycus, a global leader in source-to-pay procurement technology solutions, today, announced its partnership with ITC Infotech, a global scale full service provider of technology solutions and a fully-owned subsidiary of ITC Ltd.

Through this partnership, Zycus will expand its footprint across India, EMEA and Europe. The partnership will enable enterprises to access Zycus’ capabilities, recognized as a leader in the latest Gartner Magic Quadrant for Strategic Sourcing Applications Suite.

Commenting on this partnership, Dixit Jasani, Vice President – Zycus, said: “We’re proud that ITC Infotech is joining hands with Zycus as a value-added partner, globally. ITC Infotech is unique because of its experience and global reach. We are excited by the prospect of working together to deliver enhanced value and savings to businesses globally.”

Sandeep Kumar, Senior VP and Global Head, Consulting Services – ITC Infotech, said “We are delighted to partner with the best-in-class end to end Source-to-Pay suite provider, Zycus. Through this partnership, we are looking to drive Digitaligence@Work through bundled supply chain consulting, deep dive analytics and digital platform propositions in the Source-To-Pay domain, addressing requirements such as strategic cost reduction, spend analytics, supplier management, and other related propositions. We will additionally explore a BPaaS approach with Zycus’ robust procurement platform, leveraging our shared services capabilities.”

Both companies reiterated the fact that they are aligned in their common objective to deliver solutions that make procurement divisions more efficient and effective.

There is an increasing demand for integrated procurement suite, and Zycus’ offering provides businesses the ability to ensure that the savings are identified, locked-in, executed and measured across the procurement process. ITC Infotech’s expertise and rich experience in procurement practices and Zycus’ integrated source-to-pay suite together will provide a unique synergy delivering unprecedented value to businesses.