Cognitive Procurement Suite
The foundation of Zycus’ promise of a powerful source-to-pay procurement software suite is built on:
COMPREHENSIVENESS OF OFFERINGS
Many pseudo suites or uneven set of products present in the market are inefficient. Zycus solutions are comprehensive and developed to provide a consistent superior functionality and user-experience across their different modules. This commitment of ours implies that we do not just offer ‘each of these modules’ but also offer them ‘in their most advanced form’.
STRONG SUITE-WIDE ANALYTICS
Idle data adds no value. Only when it is churned into useful information, can well informed decisions be taken. Our solutions are backed by strong analytical capabilities with a vision to not only help you in analyzing the past and the present but also to equip you with actionable insights for the unseen future.
TECHNOLOGY INTEGRATION
Built ground-up on the same DNA, each of our modules know how to talk to each other and also how to talk to other technological systems, ERPs and databases implemented at your end. This helps to get you a single version of truth that’s not just consistent but also accessible, no matter which module you are in, at a given point of time.
EASE-OF-USE AND USER ADOPTION
We understand that your goals of making a difference to your organization will need every team member and stakeholder walking in that same direction. We keep that in mind when we design our solution interface. To offer the same experience that users are familiar to in the world of Ms Office and eCommerce, Zycus solutions are incorporated with intuitive and simple-to-use interface that you desire.
RESPONSIVENESS AND CUSTOMER CENTRICITY
An alert ear and a ready helping hand are the two most important things we ensure all our customers have the privilege of. We are responsive so that we can help our customers get the most out of their investment in Zycus’ solutions and can listen to the needs of the market. We have instituted and designed some specific customer engagement programs in this regard, like ROI workshops and Zycus University to serve and understand our customers, better.
SUSTAINED LONG TERM PARTNERSHIP
With huge investments in research & development (R&D) and a healthy internal cash flow, Zycus is here to stay for long. Every Zycus customer is assured of a long-term trusted partnership that comes with us being a self-funded organization committed to organic and self-reliant growth.
A beautiful example of how our Source-to-Pay suite simplifies your life is through its omni-module feature - ‘One View’. In a matter of few clicks, 'One View' gives you a summary of all the relevant information that you need. Let’s say, you are going for a meeting with a supplier, you can have Zycus’ One View fetch you information from different functional modules and give you a 360 degree view specific to that supplier - like an overview of spend, contract compliance, number of sourcing events responded to, performance score and so on. To know more, book a demo with us.
Zycus Source-to-Pay Procurement Software Suite
Our procurement software suite comprises of modules for both the upstream and the downstream parts of the Source-to-Pay cycle:
Upstream Solutions
Zycus’ upstream procurement software solutions are the site of your strategy making, ideation, opportunity identification and all of that. It helps you extend the potential of the procurement's role in business.
Downstream Solutions
Zycus’ downstream procurement software solutions are the site of day to day action, the drops adding to your value bucket on a continuous basis.
Spend Analysis
Zycus' Spend Analysis solution offers the most comprehensive, detailed, accurate and consistent spend visibility into your organization-wide spend.
Requisition Processing
Backed by Guided Procurement System (GPS), the Procure-to-Pay innovation helps the users select the right category and web-form, suggest the right suppliers and route the requisition to the right buyer. The requisition can then be approved using any e-mail enabled smart-phone, without logging-in.
Catalog Management
Its helps users manage end-to-end catalog life-cycle including approvals & catalog update with versioning & change summary. Powered by artificial intelligence, it auto-classifies catalog items, including punch-out items.
Project Management
Zycus' Project Management solution provides a centralized platform to govern all category management, sourcing, supplier management and new contract creation projects enabling you to manage the complete upstream suite of products.
Purchase Order Management
It enables rules-based touch-less PO generation to automatically flip requisitions-to-PO and ensures 100% spend is classified as per the taxonomy to allow real-time spend analysis.
Contract Management
Zycus' Contract Management Solution simplifies complex contracting processes involved while dealing with hundreds and thousands of suppliers, provides visibility into the contracts and ensures strong compliance management.
Invoice Management
It offers touchless and paperless automated payment transactions for PO and non-PO invoices as well as e-Invoices submitted by suppliers through the portal.
Supplier Management
Zycus' Supplier Management solution provides a comprehensive platform for automating all aspects of supplier performance and information management for a collaborative and innovative relationship with suppliers.
Electronic Invoice Capture
Zycus’ P2P electronic invoice capture helps you centralize receipt of invoices and advanced shipment notifications (ASNs) from multiple sources. The module accepts trading documents coming from EDI, cXML, E-mail, scanned images and more. It also provides you with alerts and a configurable summary of pending requests.
Financial Savings Management
Zycus' Financial Savings Management solution is all about translating procurement activities and performance metrics to business objectives, by streamlining the process of tracking procurement savings, facilitating collaboration between procurement and finance and acknowledging procurement's impact on the bottom line of business.
Invoice Matching and Workflow
Zycus’ P2P invoice matching and workflow management capability allows you to streamline invoice handling from receipt to payment. The automated settings ensure that the invoices are matched and routed for approval according to your internal guidelines and forwarded for payment automatically.
Payments and Discounting
Zycus’ P2P payments and discounting capability helps you move beyond day to day efficiency to better cash management. Timely payments improve working capital management and supplier relationships.
Resources
10 Key Take Aways: Transforming the Source-to-Pay Process
9 Reasons Why Source-to-Pay Automation is Good for your Company
Integrating P2P with Strategic Sourcing Suite
