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Zycus

Name: Zycus
Rating: 4.5 (2 reviews)

By Zycus

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Highlights : About Zycus

Asset Management

Budget Management

Auction Management

Invoice Processing

Supplier and Purchase Order Management

Spend Management

Data Management

About Zycus

Zycus is a cloud-based sourcing and procurement suite that caters to businesses across various industry verticals such as automobiles, electronics, energy and utilities, health care and pharmaceuticals, insurance, retail and more. It offers applications for e-sourcing, spend analysis, financial savings management, supplier management, contract management and procure-to-pay. Zycus’ supplier management applications help users to manage regulatory compliance during the supplier onboarding process, keep track of supplier performance metrics and identify supplier-related risks. Users can also create custom surveys for various categories, pull specific reports and automate approval workflows for implementing data stewardship.

Specifications

Business Size

Mid-Market

Customization

Yes

Deployments

Cloud

Language Support

English

Platforms

Product Details

Features

Asset Management

Expense Management

Supplier and Purchase Order Management

Supplier Management

Budget Management

Contract Management

Auction Management

Data Management

Invoice Processing

Compliance Management

Requisition Management

Sourcing Management

Spend Management

Benefits

Spend Analysis

Zycus' Spend Analysis solution offers the most comprehensive, detailed, accurate and consistent spend visibility into your organization-wide spend.

eSourcing

Zycus' e-Sourcing solution automates and dramatically accelerates sourcing processes; ensure fact-driven decision making and consistent sourcing event outcomes.

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.

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