Princeton, NJ, 14 June 2019: Zycus has successfully implemented their solutions e-Sourcing, Contract Management, P2O, Request Management, Supplier Information Management and Supplier Performance Management at Ascendas-Singbridge Group (“ASB”), a leading provider of sustainable urban development and business space solutions in Asia.
The objective of ASB was to streamline the entire purchasing process, to automate approval workflows and to improve the data analytics on procurement activities. ASB required a solution for catalog management which enables powerful search of catalogs and help operations realize savings and reduce off-contract spend. They were looking for a completed integrated suite that could be implemented to drive spend transparency, digitize sourcing activities, drive more spend via contracts and supplier enablement. In addition, they required a robust RFX system which could help in evaluation of suppliers based on criteria like price, capability and delivering the needed goods or services.
Using Zycus, ASB has been able to manage their purchasing process within one integrated application. The organization has improved their supplier management as the organization deals with a few thousand suppliers. Zycus has also helped in seamless sourcing to contract flow with automated approvals at all required stages. By following the electronic PR in Zycus, ASB has been able to speed up the PR to PO process. With Catalogs in Zycus, ASB has been able to effectively use catalogs in PRs and manage to complete the PR to PO process in a single flow.
There are more than 600 business users for solutions provided by Zycus across the organization. Zycus has helped the team to upload a few thousand active suppliers on the supplier management platform and is aiming for an even smoother process function in the company.
“The Zycus application is a practical end-to-end solution for e-procurement. With its suite of out-of-the-box features, the application can be easily adopted for our business operations.” Said Koon Guat Ngor, Chief Process Officer, Ascendas-Singbridge Group.
“We pride ourselves in developing strong relationships with key stakeholders and strive to understand our clients’ challenges and needs so we can provide solutions that fit them well. We’re delighted to have Ascendas-Singbridge Group on board with us and are committed to their continued success. We look forward to a great professional relationship” said Dixit Jasani, Vice President of Sales at Zycus Inc.
About Zycus Inc.
Zycus is a leading global provider of end-to-end Source-to-Pay suite. The comprehensive product portfolio includes applications for both operational and strategic aspects of procurement. To learn more about Zycus, visit http://www.zycus.com/