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.

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Financial Saving Management

Three Steps to Better Financial Savings Management with Zycus

Cross Functional Savings

Cross-functional Savings

Track & segregate savings across multiple dimensions & functional boundaries.

Improved Compliance

Improved Compliance

Ensure compliance to different contractual & procurement processes.

Risk Mitigation

Risk Mitigation

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.

Forrester s2c report Q4 2019

Zycus Advantage

Better Savings Alignment

Better Savings Alignment

Brings structure, credibility, and efficiency between procurement contributions & top line business objectives.

Improved Collaboration

Improved Collaboration

Maps and automates existing workflows for efficient collaboration between procurement and finance.

Accurate Reporting

Accurate Reporting

Ensures accurate and transparent reporting of savings.

Resources

Success Stories

FAQ's

Zycus Financial Savings Management is an advanced savings management solution for procurement-finance collaboration. It gives structure and credibility to savings projects, cut across functional boundaries and promote recognition and realization of bottom-line cost 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

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