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End-to-End Supplier Risk Management Software Powered by GenAI
Never Miss a Threat: Real-time supplier risk monitoring to proactively identify supplier performance, financial, legal and other risks across S2P lifecycle
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Gen AI Powered Real Time Supplier Risk Analysis Across Millions of Data Sources
IDENTIFY & ASSESS
IDENTIFY & ASSESS
Pre-Sourcing & Onboarding
Reduce Onboarding Risks Leverage Merlin Risk Radar's GenAI insights to understand overall supplier risk scores and category-specific risks (Financial, Legal, ESG, etc) before onboarding
Identify Supplier Risks Early Gain immediate supplier risk insights within profiles and leverage existing data with iSupplier mapping for a holistic view
Automated Assessments Streamline onboarding with automated risk assessment creation upon supplier addition and during edit requests
MONITOR & REPORT
MONITOR & REPORT
Detailed Risk Summary with Risk Card App Get 360 view of risks from Internal questionnaires & KPIs, event insights, historical trends, external risk score (Financial, Legal, ESG etc) and 3rd-party risk scores (BVD, Ecovadis, D&B) and many more
Real-time Monitoring with SCAR Conduct periodic or ad-hoc performance reviews. Create targeted development plans with Supplier Corrective Action Requests (SCARs) to address issues and improve supplier performance over time
Risky Clause Identification Utilize automated assessments based on contract-level actions (scope creep, risky clause additions) to ensure up-to-date and risk-free contract
RE-ASSESS & MITIGATE
RE-ASSESS & MITIGATE
Continuous Improvement
Actionable GenAI Insights Receive data-driven recommendations from AI to effectively mitigate identified risks across internal and external data sources
Efficient Re-assessment Conduct streamlined follow-up assessments with fewer questions based on previous risk profiles. Additionally, block high-risk PO automatically based on real-time risk evaluations
Supplier Score Benchmarking Continuously compare your suppliers' risk scores against industry benchmarks to identify improvement areas
What Sets Supplier Risk and Performance Management Platform Apart
Global Risk Coverage
Monitor supplier risks across all geographical locations
Third-party Risk Integration
Integrate with external risk scoring providers for even greater insights
Multi-source Risk Intelligence
Leverage data from news feeds, social media, and financial reports for a comprehensive view
Supplier Risk and Performance Management Advantages
Complete Risk Orchestration Throughout S2P
Get complete integration of iRisk + Merlin Risk Radar with your existing S2P system for a better & unified risk management experience
Unparalleled Risk Visibility - Internal & External
Gain a 360ยฐ view of supplier risk with iRiskโs internal KPI and performance analysis and Merlin Risk Radarโs external risk monitoring from millions of online sources
Actionable AI Insights & Mitigation Steps at Every Stage
Zycus leverages GenAI technology to provide data-driven insights and recommendations for effective risk mitigation throughout the S2P process
WHAT SETS US AHEAD
Find Savings Others Are Missing
Discover savings opportunities you never knew existed. Get AI-powered insights that show exactly where to negotiate better deals and how to approach suppliers.
Stop Leaving Money On Table
Always get the prices you negotiated. Spot every off-contract purchase instantly, capture early payment discounts automatically, and never miss savings opportunities again.
Proactive Risk Management Across S2P
Know exactly which suppliers deserve more business. Identify your best performers, spot consolidation opportunities, and build strategic partnerships that deliver value.
Hear From Our Customers
โThe process with Zycus has been very good, very strong. The process that has improved the most with Zycusโ digitization has been our true visibility on spend on a one-click basis. Something that used to take us weeks is now done in 2 seconds.โ
Gabriel Kiewek
Chief Operating Officer
โThere were a lot of competing deadlines, but Zycus was open to engage regarding the challenges we experienced and responsive towards developing a solution. The team at Zycus displays a collaborative and solutions-oriented approach.โ
Head of Non Trade Procurement
Iโm excited to share my experience with implementing Gen-AI Merlin Assist in our organization. This AI-powered tool has transformed how we manage Source-to-Pay requests, providing real-time notifications to keep us informed and enabling seamless on-the-go approvals.
Iโm impressed with Zycus for providing a single platform that fosters team collaboration and customizing solutions to meet our needs at Regeneron. Their quick turnaround on change requests has been excellent. They are a great company to work with.
โThe process with Zycus has been very good, very strong. The process that has improved the most with Zycusโ digitization has been our true visibility on spend on a one-click basis. Something that used to take us weeks is now done in 2 seconds.โ
Gabriel Kiewek
Chief Operating Officer
โThere were a lot of competing deadlines, but Zycus was open to engage regarding the challenges we experienced and responsive towards developing a solution. The team at Zycus displays a collaborative and solutions-oriented approach.โ
Head of Non Trade Procurement
Zycus Named in Gartnerโs Magic Quadrant for Source-to-Pay Suites 2024
Latest Case Studies
FREQUENTLY ASKED QUESTIONS
Supplier risk management is the process of identifying, assessing, and mitigating potential risks in an organizationโs supply base. It's critical to ensuring continuity, compliance, and sustainability across global supply chains. Zycus empowers procurement teams with AI-driven tools to minimize supplier-related disruptions and safeguard enterprise value.
Zycus uses autonomous AI agents that continuously monitor, assess, and flag supplier risks in real-time. These agents pull data from internal audits, external sources, and third-party risk databases to create a comprehensive, 360-degree risk profile for every supplier.
Zycus enables organizations to proactively manage a wide spectrum of supplier risks, including:ย
- Financial instabilityย
- ESG (Environmental, Social, Governance) violationsย
- Legal disputes or sanctionsย
- Cybersecurity threatsย
- Operational and geopolitical risksย
AI agents autonomously process massive volumes of risk-related data, learning from historical trends and real-time events. These agents not only detect anomalies and emerging threats but also recommend corrective actionsโensuring proactive rather than reactive risk management.ย
AI agents automatically trigger risk evaluations during onboarding or any supplier record changes. By assessing both internal and external risk factors at the entry point, Zycus ensures that high-risk suppliers are flagged early, keeping procurement operations secure.
With built-in tools like Supplier Corrective Action Requests (SCARs), Zycus facilitates continuous performance reviews and action tracking. AI agents also monitor performance metrics and flag patterns that may lead to future risks.
- Proactive risk detection via AI agents
- Real-time alerts and 360ยฐ supplier risk visibilityย
- Seamless integration with supplier onboarding and sourcing workflowsย
- Enhanced compliance with ESG and regulatory mandatesย
- Improved supplier selection and performance over timeย
- Resilient, disruption-proof supply chainsย
Unlock Deep Value Procurement AI
with Zycus
Schedule your demo today!