An Intelligent Procurement Platform
A self-learning engine powered by AI offers a new way to achieve compliance, guides seamlessly to the best-value purchasing decisions, and delivers an unrivaled consumer-like shopping experience.Set-up a custom demo with us to learn more
Evaluate Zycus eProcurement Solution
Guided Requisition Management
Guide shoppers to approved catalogs, contracts, eForms, workflows, and suppliers for any requisition with exclusive Guided Buying technology from Zycus.Read More
Simple Purchase Order Management
Enable rule-based touchless PO generation and eliminate double data entry with easy flipping of requisitions to POs or rapid sourcing events.Read More
Make the buying process efficient and touchless with data-driven actionable insights and process all the non-catalog requisitions to PO with the power of AI.Read More
Zero Coding Workflows
Reduce approval turnaround time and drive procurement compliance by easily configuring approval workflows as per business rules.Read More
Robust Catalog Management
Manage complex user-access rules and always see updated catalog options with product validation from suppliers using Zycus’ centralized platform.Read More
Features of eProcurement: The World's Leading Procurement Software
- AI that allows 70% touchless PO transactions.
- Exceptional visibility and transparency with accurate, real-time data across all transactions.
- Amazon-like user interface that promotes user adoption.
- Automation that enables suppliers to control their operating costs.
- Emphasis on compliance, with linking of purchase orders to contracts.
- Best-value suggestions for any spend.
- Multi-conditional, dynamic workflows for approval management.
Zycus eProcurement software is at its most powerful when integrated with ERP.
Request a Demo
Effortlessly find what you need in an off-catalog purchasing without ever stepping outside approved and controlled procurement workstreams.
Strategic Buying Decision
Ensure procurement strategy that reflects in every tactical buying decision.
Receive global support as Zycus SaaS-based eProcurement software platform is available in 15+ languages and has an extensive global partner network.
Zycus operates at the global leading edge of procurement innovation, rolling out features for eProcurement that are not replicated anywhere else.
Leading Analysts Testify
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.
Gartner's Magic Quadrant for Procure to Pay Suites 2021
Zycus significantly moves ahead for 3 consecutive years on the 'completeness of vision' and 'ability to execute' axes in the Gartner Magic Quadrant for Procure-to-Pay Suites, 2021
The Forrester Wave™: eProcurement Platforms, Q4 2019
Zycus cited as a ‘Strong Performer’ in the Forrester Wave™: eProcurement Platforms, Q4 2019
Zycus e-Procurement solution helps in:
- Quick and compliant business purchases
- Improved visibility and efficient decision making as there is real-time availability of data
- Enhanced approval management
- Reduced error as Zycus offers highly inter-connected modules for quick and easy procurement procedure within the organization
eProcurement is the process of requisitioning, ordering, and purchasing goods and services online from suppliers.
The key components that are involved in procurement are:
eSourcing: This is the initial phase of the eProcurement process. It involves defining the requirements and identifying or pre-qualifying the potential suppliers online to shortlist them for the evaluation stage.
eTendering: This process involves requesting shortlisted suppliers' to share information, proposals, and quotations.
eAuctioning: The procuring company and supplier negotiate pricing and contract terms at this stage. After reaching an agreement, the procuring organizations buy the goods or services from the supplier.
eOrdering and payment: This stage involves creating and approving requisitions, purchase orders, and receiving the ordered items. Analytics: This step involves evaluating the spending and taking required corrective measures.
eInforming: This is a necessary process. It involves a two-way exchange of information between internal and external stakeholders to generate mutually beneficial outcomes.
Zycus helps organizations to optimize the eProcurement process effectively; contact firstname.lastname@example.org to learn how!
Purchasing focuses on the cost of the order, while procurement focuses on value creation and Total Cost of Ownership. While purchasing aims to minimize the cost of an order, procurement aims at other objectives like risk mitigation, contract compliance, cost savings, ongoing supplier relationships, etc.
The primary function of Zycus' eProcurement solution is to make your business purchases quick and compliant. It gives real-time data availability and enhanced approval management that helps you improve visibility and allows you to make an efficient decision. Zycus also offers highly inter-connected modules for a fast and uncomplicated procurement process.
Zycus' eProcurement solution powered by AI is an intuitive and easy-to-use solution that helps in end-to-end procurement. It allows you to make best-value purchasing decisions. It enables you with guided requisition processing, catalog and non-catalog management, and purchase order management.
Zycus' eProcurement solution is integrated with iRisk. iRisk gives 360 degrees view of the supplier risk. You can view the status of the risk evaluations and showcase performance by using Zycus' Risk Radar.