PRINCETON, NJ, 30th May, 2017 – Zycus, a world leader in procurement technology solutions across the Source-to-Pay cycle, announced today that it has been recognized by Forrester Research, Inc. as a “Leader” for eProcurement software in the report named ‘The Forrester Wave™: eProcurement , Q2 2017.’
Zycus has also been rated second highest in the strategy category of the report’s evaluation.
With the purpose of providing a comprehensive analysis of the current Procure-to-Pay solution marketplace, Forrester evaluated 12 of the most significant Procure-to Pay providers on 30 distinct criteria to identify the strength and weaknesses of these vendors.
Zycus is cited for its “smart software behind the scenes to make users’ tasks easier” and the report goes on to mention “mobile app for suppliers is a differentiator, supporting PO acknowledgement and invoice creation, in addition to S2C tasks such as RFP responses.”
“Zycus has been focused on developing a strong Procure-to-Pay solution with unmatched user experience. I believe that being positioned as a Leader in our first appearance in the Forrester Wave for eProcurement, is a testimony to our commitment to that cause.”, mentions Richard Waugh, Vice President, Corporate Development at Zycus. “In my view, the insightful report justifies the faith placed in Zycus by our growing customer base and is an important milestone in being recognized as a leader in the S2P space.”
Zycus is a leading global provider of end-to-end Source-to-Pay suite. The comprehensive product portfolio includes applications for both the operational and the strategic aspects of procurement - eProcurement, eInvoicing, Spend Analysis, eSourcing, Contract Management, Supplier Management, Financial Savings Management, Request Management and Project Management.
Manager- Public Relations