Source to Pay Software
Cognitive Source-to-Pay Suite
Unlock Consistent Savings Across Your Source-to-Pay Lifecycle with AI powered Cognitive Procurement
"Great package, Easy To Use, Allows Full Integration &
Continues To Bring New Technology."
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Why Zycus' Source-to-Pay Suite?
Comprehensive Source-to-Pay Suite
Key Features That Set Zycus Apart
- Spend Analysis
- Project Management
- Contract Management
- Supplier Management
- Financial Savings Management
- Requisition Processing
- Catalog Management
- Purchase Order Management
- Invoice Management
- Electronic Invoice Capture
- Invoice Matching and Workflow
- Payments and Discounting
- 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:
- Preparing a bid
- Decision making
- Contract management
- Contract signing
- Transition to procure to pay
- Accounts payable invoice processing
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 Source-to-Pay Suite
Zyucs Source-to-pay suite is a suite of procurement software. It is only organically built integrated and composable suite for procurement performance in enterprises.
Application Category: BusinessApplication