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HOME / Cognitive Source to Pay

Cognitive Source to Pay that enables

sustainable performance

Sophisticated for your most complex enterprise needs, yet easy and intuitive for everybody.
 
Empowers your teams to go beyond the tactical to strategic, because your teams are meant for more.
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Why Zycus’ Source-to-Pay Suite?

Building blocks of Zycus Source-to-Pay suite

Evaluate Zycus’ Source-to-Pay Suite

Our procurement software suite comprises of modules for both source-to-contract and procure-to-pay procurement process

 
A software solution that is the site of your strategy making, ideation, and opportunity identification.

Unlock the potential savings and get the most accurate, granular and fast spent visibility into your organization-wide spend by using the power of AI.
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Automate and dramatically accelerate your sourcing process and make the entire process more proactive and strategic with the advanced sourcing solution.
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Simplify complex contracting process and use the power of AI to identify and mitigate the contract risk.
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Smoothly maintain a collaborative and innovative relationship with suppliers by automating all aspects of supplier performance and information management.
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Get real time risk alerts and identify the impacted suppliers by leveraging the power of AI.
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Enjoy a better collaboration with the suppliers on a centralized platform. Read More
Govern all sourcing, category, supplier management and new contract creation projects into a unified platform. Read More
Non-procurement users now can sent requests to procurement function without any challenge by using Zycus’ unique requisition platform. Read More
A software solution that is a site of day to day action, the drops adding to your value bucket on a continuous basis.

Backed by Guided Procurement System, the P2P innovation helps users select the right category and web-form, suggest the right suppliers and route the requisition to the right buyer, that can be approved using smart-phone, without logging-in.
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Manage end-to-end catalog life-cycle including approval & catalog update with versioning & change summary. Powered by AI, it auto-classifies catalog and punch-out items.
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Enable rule-based touch-less PO generation to automatically flip requisitions to PO and ensure 100% spend is classified as per the taxonomy to allow real-time spend analysis.
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Obtain a touchless and paperless automated payment transactions for PO and non-PO invoices as well as e-Invoices submitted by suppliers through the portal.
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Streamline invoice handling from receipt to payment and ensure that the invoices are matched and routed for approval according to your internal guidelines and forwarded for payment automatically.
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Zycus

The Forrester Wave™: CLM for Buy-Side Contract Suite, Q4 2021

Zycus cited as a ‘Leader’ in The Forrester Wave™: Contract Lifecycle Management for Buy-Side Contract Suite, Q4 2021.
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Zycus

Gartner’s Magic Quadrant for Source-to-Pay Suites 2024

Zycus positioned as a Visionary in the 2024 Gartner® Magic Quadrant™ for Source-to-Pay Suites for its Ability to Execute and Completeness of Vision.
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Zycus

The Forrester Wave™: Source-to-Contract, Q4 2019

Zycus cited as a Leader in the Forrester Wave™: Source-to-Contract, Q4 2019

FAQ's

S2P suite streamlines your procurement processes and keep pace with dynamic market changes.

Upstream

  • Spend Analysis
  • eSourcing
  • Project Management
  • Contract Management
  • Supplier Management
  • Financial Savings Management

Downstream

  • Requisition Processing
  • Catalog Management
  • Purchase Order Management
  • Invoice Management
  • Electronic Invoice Capture
  • Invoice Matching and Workflow
  • Payments and Discounting

Source-to-pay automates the laborious manual work in the sourcing process. With technology, source-to-pay dramatically improves efficiency when choosing, negotiating, and onboarding new suppliers or vendors. It helps in: Upstream

  • Enabling strategic activities
  • Easier supplier management
  • Faster ordering
  • Minimizing manual work
  • Accurate supplier onboarding
  • Streamlining and standardizing the process

Source-to-Pay is an end-to-end sourcing and procurement process that includes strategic sourcing, purchasing, supplier management, performance management, spend management, and accounts payable. Zycus' Source-to-Pay software uses AI, Merlin, to create the most efficient procurement process.

The procure-to-pay process usually begins with requisitioning goods and services and ends when the accounts payable team pays the vendor.
Source-to-pay goes one step ahead of P2P and starts with searching for a new vendor. Strategic sourcing becomes part of the S2P process; it gives a more closely integrated spend management solution, ensuring that the best vendors are selected.
Zycus offers solutions for both Source-to-Pay and Procure-to-Pay.

Source-to-pay is the process that initiates with finding, negotiating and contracting the supplier for goods, and ends with the last payment for those goods. It involves a lot of activities from sourcing, negotiation, contract management, and invoicing. It includes the following steps:

  • Demand
  • Sourcing
  • Preparing a bid
  • Decision making
  • Contract management
  • Contract signing
  • Transition to procure to pay
  • Procurement
  • Accounts payable invoice processing
  • Payments
Zycus' Source-to-Pay is the only organically built and integrated suite in the industry. It ensures seamless data flow, provides a single view, and breaks the silos. Since everything is on the same platform, if you create a supplier or contract, that information will be available across the suite. You don't need to worry about integration between the systems or transactions getting stuck.

Zycus Supplier Network ensures better collaboration between suppliers and buyers through a unified network. The smooth flow of information results in timely invoice processing, delivery, and payments.

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