PROCUREMENT PERFORMANCE SOLUTIONS
Spend Analysis
eSourcing
Contract Management
Supplier Management
Financial Savings Management
Zycus eSourcing Solution
A comprehensive easy-to-use solution for enhancing sourcing performance
Sourcing in an increasingly complex global economy presents challenges that surpass typical human capabilities for processing information and making the best supplier selection and business award decisions. The Zycus e-Sourcing Solution empowers procurement professionals to source both simple and complex categories with ease. They work more cost effectively, run more competitive sourcing events, and generate higher savings. Zycus e-Sourcing places procurement at the heart of competitive business performance.
Enhance Sourcing Performance
Leading analysts say eSourcing solutions can cut sourcing cycle times in half, reduce administrative costs by more than 60%, and deliver - on average - 15-45% cost savings per spend category. Standard features of Zycus' fully functional - yet easy to use - eSourcing Solution automate all aspects of RFx and e-Auction events Advanced features of the Zycus eSourcing solution drive business performance by introducing, A user-friendly three- click bid optimization engine A comprehensive project management platform for sourcing and spend category management
ZYCUS KEY FEATURES
Easy drag and drop RFx authoring
Zycus Procurement Performance Solutions
Comprehensive cost modeling
iSave
Savings management solution for procurementfinance collaboration
3,000+ line items per event
Autoclass, iAnalyze & iMine
iCost
Commodity tracking & cost modeling
iSupplier
Centralized supplier data management
iPerform
Supplier scorecards Performance trend analysis Supplier development
FINANCIAL SAVINGS MANAGEMENT
SUPPLIER MANAGEMENT
SPEND ANALYSIS
AI based data classification Spend reporting & visibility Automated savings identification
LiveConnect
Classification at point-of-requisition
Collaborative scoring and approval workflows
CONTRACT MANAGEMENT
E-SOURCING
Automated supplier ranking
iSource
iOptimize
Advanced Bid Optimization
iContract Authoring
Contract Creation & Approval
iContract Repository
Central contract storage Powerful search Contract compliance tracker
RFx engine e-Auction engine Automated scoring
iManage
Category & project management
Interactive 'what-if' evaluation
e-Auction with live monitoring
eSourcing challenges meet Zycus Solutions
iSource - Easy-to-use sourcing solution for simple and complex categories
Zycus iSource provides simple solutions to challenges at all stages of the sourcing process EVENT MODELING - Complex sourcing aggregations are exceedingly difficult to model effectively with typical applications such as spreadsheets. Zycus iSource simplifies the event modeling process through, Drag and drop item definition with one-click transfer of data to and from electronic spreadsheets Allows 3,000+ items per sourcing event Enables full customization and modeling of complex item and service cost breakdowns Creates ability to model events for any spend category
Standard and constrained bid optimization
Event Modeling
Comprehensive sourcing project and spend-category management
Event Scheduling
EVENT SCHEDULING - Cumbersome manual processes often prohibit the ability to invite optimal numbers of qualified suppliers to participate in competitive bidding events These challenges are answered by Zycus iSource, which Enables 100 or more suppliers to participate in sourcing events
ZYCUS KEY BENEFITS
Includes forum function for communicating suppliers Enables supplier bid participation from anywhere in the world Features e-auction engine with multiple auction types
Obtain high user adoption
Scoring & Analytics
SCORING AND ANALYTICS - The task of scoring and evaluating suppliers' for optimal award scenarios is simplified by the Zycus iSource solution which Features collaborative and multi-parameter scoring capabilities Provides supplier responses and scores into a single view Automatically generates supplier rankings Features multi-parameter, graphical 'what-if' modeling of award scenarios
Ability to model simple as well as complex categories
Robust and scalable solution for large events
Increase stakeholder participation in sourcing projects Minimize delays in awarding business
eSourcing Innovation Zycus iSource Advanced Features
With its intense focus on customer-driven innovation and a central mission of positioning procurement at the heart of competitive business performance, Zycus has added two advanced modules to its eSourcing Solution: iOptimize - Advanced bid optimization in three easy steps Featuring best-practice standard scenarios such as lowest-cost by item, best one, and best two suppliers overall. The solution includes multiple constraint capabilities - allocation, matching, exclusion, and others - plus the ability to model custom scenarios. BENEFITS Accelerate post-event analysis Ensure sourcing decisions are fact- and market-driven
iO
Easily compare supplier responses
iOptimize
Extract maximum value from markets (15-45% greater savings per sourcing event) Create and compare award scenarios to suit business requirements Shorten sourcing cycle time by 15 - 5%
Create and compare award scenarios Obtain instant visibility into savings and event statistics
iM
iManage
iManage - A comprehensive sourcing and spend category project management platform that includes category-specific project templates, dynamic dashboards, and visual project status reporting. BENEFITS Create and manage sourcing projects from a single platform Monitor project progress, identify bottlenecks Ensure process compliance and consistent project execution Replicate sourcing best practices and successes
About Zycus
At Zycus we are 100% dedicated to positioning procurement at the heart of business performance. For more than a decade we have been the world's most trusted leader in Spend Analysis. 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, and Financial Savings Management. Behind every Zycus solution stands an organization that possesses deep, detailed procurement expertise and a sharp focus on being responsive to customers. We are a large 600+ and growing company with a physical presence in virtually every major region of the globe. We see each customer as a partner in innovation and no client is too small to deserve our attention. 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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