Zycus continues to dominate the spend analysis solution market

PRINCETON, NJ, February 14, 2014 –  A recent analyst report by TechNavio ‘The Global Automated Spend Analysis Solutions Market 2014-2018’ names Zycus as a dominant player in the Spend Analysis solution market for many years to come.  TechNavio is a leading technology research and advisory company, based out of UK, focusing on the emerging technology trends shaping the market.

The report looks at the Global Automated Spend Analysis Solutions market landscape and its growth prospects in the coming years.  According to the report, the Global Automated Spend Analysis Solutions market to grow at a CAGR of 13.64 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing need for expense visibility for intelligent decision making.  The research involved an in-depth market analysis with inputs from industry experts, covering the market in the Americas, and the EMEA and APAC regions.

According to the report, the Global Automated Spend Analysis Solutions market to grow at a CAGR of 13.64 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing need for expense visibility for intelligent decision making

Zycus CEO Aatish Dedhia said, “It is our expertise in advanced analytics that has got us this recognition. We understand the value of information hidden in piles of data and believe that procurement can make a huge difference to an organization by utilizing these insights and making the right decisions as the right time. This is the same exact philosophy that guides Zycus’ continued enhancements across its suite of source-to-pay solutions”