Advanced Savings Management for Procurement-Finance Collaboration
Zycus Financial Savings Management is a collaborative platform that allows you to develop, track & facilitate procurement savings by auto-converting procurement savings into financial measures.Set-up a custom demo with us to learn more
Three Steps to Better Financial Savings Management with Zycus
Track & segregate savings across multiple dimensions & functional boundaries.
Ensure compliance to different contractual & procurement processes.
Advanced analytics for commodity tracking & cost modelling.
Zycus Financial Savings Management Key Features
- Structure & share procurement cost savings information through a single platform to ensure transparency between forecasted & achieved savings.
- Highly configurable & customizable functionalities for easy planning, building and managing savings pipeline.
- Multi-dimensional savings tracking by sourcing strategy employed or by impact type or by cost savings type.
- Procurement savings auto-mapped to top-line financial measures such as profit & loss, cash flow, cost of goods sold and balance sheet.
- Multi-level automated approval workflows to validate procurement cost savings & collaboration from in procurement & finance.
Zycus Financial Savings Managements' integrated spend enables flipping of spend opportunities into savings projects.
Better Savings Alignment
Brings structure, credibility, and efficiency between procurement contributions & top line business objectives.
Maps and automates existing workflows for efficient collaboration between procurement and finance.
Ensures accurate and transparent reporting of savings.
- Brings structure, credibility, and efficiency to procurement contributions
- Maps and automates existing workflows for efficient collaboration between procurement and finance
- Ensures accurate and transparent reporting of savings