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.