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Spend Analysis
eSourcing
Contract Management
Supplier Management
ProcureTo-Pay
Many years ago, it was often said that in its primary role of interacting with suppliers procurement worked on the 'front lines' of a business. But, while procurement continues to interact with suppliers, it has expanded its role dramatically over the past several decades. Contemporary procurement professionals collaborate extensively throughout their business organizations and supply networks to drive competitive performance along many strategic trajectories profitability, efficiency, productivity, quality, speed, simplification, standardization, risk management, customer satisfaction, and innovation to name just a few. Procurement has moved from the 'front line' to the very heart of high performing businesses and this move has brought with it areas where procurement can make a strategic impact.
INNOVATION
VISIBILITY
CHANGE MANAGEMENT
COMPLIANCE
Visibility
The most critical imperative for a successful procurement function is detailed visibility into spend, savings opportunities, supply risks and more. Having streamlined global spend visibility with Autoclass/iAnalyze we now look to elevate procurement's ability to drive visibility to new levels, adding iPerform for supplier performance visibility, iMine for automated savings identification, iOptimize for advanced bid analytics, iCost for global pricing and supplier cost-structure intelligence and iSave for procurement performance visibility.
Compliance
Successful procurement teams use compliance to contracts and processes as an anchor to drive businessperformance improvement. Zycus' integrated suite of Procurement Performance Solutions allows for easy matching of information that can provide a complete picture of compliance. For example, our iContract Repository and iAnalyze Solutions uniquely connect spend with contract data to eliminate maverick spend and drive contract compliance. All procurement activities and performance metrics must contribute clearly to a corporation's bottom line and must be communicated in a language that aligns with enterprise financial functions. Zycus' new Financial Savings Management solution iSave is a first-of-its kind solution that gives procurement leaders the ability to connect procurement cost savings with financial metrics to which CFOs and other executives pay attention such as P&L, cash flow, cost of goods sold and balance sheet.
Procurement must foster alignment and collaboration with both suppliers and internal functions such as finance R&D and product development to drive business performance. With heavy emphasis on ease-of-use, intuitive visualization of complex concepts, and efficient navigation, Zycus' collaboration solutions such as iSource, iPerform, iSupplier, and iContract Authoring make it easy for people t Alignment & o work with procurement. Procurement needs technology to standardize and accelerate processes. But procurement must be able to drive broad adoption and consistent use of technology at all levels of business enterprises and supply networks. Zycus solutions are designed for rapid deployment and adoption with virtually zero training while at the same time being equipped with state-of-the art functional capabilities, which help our organizations to easily manage change from their incumbent processes. Procurement must be equipped to drive innovation in terms of both business operations and the products and services. As a truly global developer of procurement performance solutions, we at Zycus observe innovative procurement practices that drive real business results and we build those practices right in to our solutions. For example, our new Live Connect feature automates classification of spend transactions at point of requisition, giving procurement organizations the closest thing yet to real-time spend visibility.
Change Management
Innovation
iSave
Savings management solution for procurementfinance collaboration
iSupplier
Centralized supplier data management
iPerform
Supplier scorecards Performance trend analysis Supplier development
iCost
Commodity tracking & cost modeling
SUPPLIER MANAGEMENT
LiveConnect
Classification at point-of-requisition
CONTRACT MANAGEMENT
E-SOURCING
iContract Authoring
Contract Creation & Approval
iContract Repository
Central contract storage Powerful search Contract compliance tracker
iSource
RFx engine e-Auction engine Automated scoring
iOptimize
Advance Bid Optimization
iManage
Category & project management
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Catalog
Receipt
Dynamic Discounting
Spend Analysis
Zycus' Spend Analysis Solution offers the most comprehensive, accurate and consistent spend visibility on the market today. The standard products Autoclass and iAnalyze cut easily through the complexities of having multiple source systems and languages as well as poor data quality to improve sourcing performance, reduce maverick spending and increase compliance. Advanced features of Zycus spend analysis expands the performance improvement horizon by, Embedding spend data classification into real time buying processes Automating and accelerating identification of savings opportunities and, Synthesizing spend data with market intelligence for informed sourcing & supply management strategies
eSourcing
Zycus' e-Sourcing Solution automates and accelerates sourcing processes, ensures fact-driven decision making and competitive sourcing-event outcomes. Zycus iSource promotes cost-effective collaboration with internal stakeholders and suppliers and is easier to use, even for complex bidding events. Advanced features of the Zycus eSourcing solution drive business performance by introducing, A user-friendly three- click bid optimization engine providing easy yet rigorous means for drawing information from complex data sets and guiding sourcing teams to the right decisions and A comprehensive category and sourcing project and program management capabilities helping to sourcing manager easily manage all steps of the sourcing process.
Contract Management
Zycus' Contract Management Solution simplifies contract creation and management. iContract Repository provides visibility into important contract data, enables monitoring of contract utilization, ensures compliance to contract terms, and empowers active management of risks associated with entering into bundled, longerterm and/or evergreen contracts. The advanced feature (iContract Authoring) empower procurement organization to, Accelerate contract negotiation, authoring & approval processes, and Minimize legal risk exposure and capture benefits by standardizing contract language and version control
Supplier Management
Zycus' Supplier Management Solution creates detailed visibility into supplier information and performance. iPerform easily creates a mix of objective and subjective supplier performance data inputs; measuring multiple types of suppliers, products and services under a single supplier performance management system. The advanced product iSupplier is designed to Streamline day-to-day supplier transactions, and enhance collaboration with suppliers.
Zycus' first-of-its-kind Financial Savings Management Solution iSave is all about aligning procurement performance metrics with business objectives and making sure the results of procurement's work resonate with financial executives. The solution provides Mechanisms for obtaining enterprise validation of procurement cost savings, Linking savings to specific procurement strategies, Characterizing types of savings, and collaborating with finance to decide how cost savings will be allocated or reinvested.
Zycus Procure-To-Pay
Zycus P2P is part of the integrated Zycus Procurement Performance Suite and automates the Procure-to-Pay process through its eProcurement, eInvoicing & Supplier Portal modules. Zycus P2P offers an easy to use solution that ensures rapid & mass user adoption. Automating the complete requisitioning process from request to receipt of goods Enabling manual & electronic invoice processing to ensure unduplicated & just in time payments and Facilitating suppliers to generate electronic invoices and manage catalogs online.
When browsing through the feature sets of various Zycus Procurement Performance Solutions, one will notice frequent use of certain terms: drag and drop, template, wizard, workflow, automatic, mapping, single view, one-click, configurable, and powerful search, to name a few.
Products
Implementation
SaaS
The unifying factor for these terms is ease of use, which leads to rapid, extensive user adoption and high solution utilization over time.
implementation
Minimal IT support
Ease of use
Every Zycus solution begins with a set of real, easily recognizable business and procurement needs. We incorporate proven best practices so they need not be recreated. We build in enough flexibility to accommodate unique business constraints, strategies, and future innovation. And we engineer our user interfaces in ways that minimize clicks, consolidate information, promote communication among multiple parties, enable easy visualization, and promote seamless flows of information from one solution to the next.
Scaling Up
Easy expansion to
Integration
Single sign-on Seamless
Standing behind every Zycus solution is a customer service organization that possesses deep, detailed procurement domain expertise and a passion for customer service and responsiveness. We see each customer as a partner in innovation and no customer is too small to deserve our attention. At Zycus we are dedicated to advancing procurement as a function. Our own innovation is driven by customers not our competition.
iSupplier Centralized supplier data management iContract Authoring Contract creation & approval
With years of experience in working with Fortune 100 and Fortune 500 companies, Zycus' solutions have been built around accepted best procurement and sourcing practices. Yet each Zycus solution is also highly configurable to synthesize existing and new business practices.
Zycus Innovation
Our standard, full-featured solutions give procurement teams the power to get moving quickly from any point of departure. Meanwhile, Zycus' advanced solutions which are exclusive to Zycus and cannot be sourced elsewhere empower procurement teams to continue innovating and pushing business and procurement performance to new heights.
Until now we have been very challenged in identifying our spending to a line-item level of detail and in creating reports that are useful for developing strategic contracts and promoting compliance. The Zycus Spend Analysis Solution takes some very difficult processes and makes them much easier to accomplish
Steve Mack Director of Procurement Services, University of Missouri
We were looking for a single provider who could effectively move us from spend visibility to savings realization and accelerate ROI from our sourcing initiatives. Zycus solution was an ideal choice as they provide best-in-class SaaS based spend management solutions that are easy to use
David Thurston Head - Procurement & Payable, Emory University
About Zycus
At Zycus we are 100% dedicated to positioning procurement at the heart of business performance. With our spirit of innovation and a passion to help procurement create even greater business advantages, we have evolved our portfolio to a full suite of Procurement Performance Solutions - Spend Analysis, eSourcing, Contract Management, Supplier Management, Financial Savings Management, and Procure-to-Pay. We believe our deep, detailed procurement expertise and a sharp focus on being responsive to our customers has reflected in us being positioned as a 'Leader' in the '2013 Gartner Magic Quadrant' for Strategic Sourcing Application Suites. We continue to see each customer as a partner in innovation and no client is too small to deserve our attention. We are a 600+ company with a physical presence in virtually every major region of the globe. With more than 200 solution deployments among Global 1000 clients, we search the world continually for procurement practices proven to drive competitive business performance. We incorporate these practices into easy-to-use solutions that give procurement teams the power to get moving quickly - from any point of departure - and to continue innovating and pushing business and procurement performance to new heights.
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