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Zycus named as a Visionary in Technology of the year by TMT: Technology.Media.Telecoms.

Princeton, N.J., September 06, 2016 โ€“ Zycus, a global leader in Source-to-Pay procurement technology solutions, announced its partnership with Global Risk Management Solutions (GRMS). GRMS provides companies and organizations with innovative solutions for screening and compliance management of new and existing suppliers, contractors and service providers.

Commenting on the occasionย Carl McCauley, Senior Vice President โ€“ Sales, Zycus, saidย โ€œIn recent times, โ€œknowing your suppliersโ€ and mitigating supply chain risk are top corporate objectives. As a result, enterprises are increasingly looking to Zycus to help them in this endeavor. Zycusโ€™ software solutions and GRMSโ€™ services will empower our clients to understand risk in engaging with a certain supplier and derive actionable insights to make correct decision.โ€

โ€œGRMSโ€™ services coupled with Zycusโ€™ technology, allow our clients to have a clear understanding of the risk in their supply chain as well as other key metrics. A strong well vetted supplier base acts as source of competitive advantage for enterprises. Thus, selecting the right supplier in a scientific manner is critical for organizations,โ€ saidย Gerard Smith, President at GRMS. โ€œWe look forward to working with Zycus and helping their clients better monitor their procurement process.โ€

โ€œThis partnership is a part of our strategic initiative to expand our global network of partners. GRMS would be very instrumental in further strengthening Zycusโ€™ offering, thereby providing an edge over the major Source-to-Pay players in the market.โ€ statedย Richard Waugh, Vice President โ€“ Corporate Development, Zycus.



About Global Risk Management Solutions (GRMS)

Global Risk Management Solutions (GRMS) is the recognized leader in providing innovative no cost supplier screening solutions that assist companies to reduce exposure to global supply chain risk. GRMS is the only company that can provide a customizable global supplier screening and management program in over 120 countries.ย ย www.GlobalRMS.com

Zycus Inc.

Vaibhav Sekhsaria

Public Relations, Zycus Inc.
vaibhav.sekhsaria@zycus.com
Direct: +1 866 563 9219