You are on page 1of 4

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.

NORTH Princeton: 103, Carnegie Center Suite 117, Princeton, NJ 08540 Ph: 609-799-5664 AMERICA Chicago: 5600 N.River Road; Suite 800, Rosemont, 1L 60018. Ph: 847-993-3180 Atlanta: 555 North Point Center East; 4th Floor, Alpharetta, GA 30022. Ph: 678-366-5000 EUROPE Frankfurt: EPJ Business Center, Suite # 418, Mainzer Landstrasse, 27-31 60329 Frankfurt am Main, Germany. Ph : +49 (0) 69 27-4015-251, +49 (0) 172-614-4874, +49 (0) 69 27-4015-111 Paris: 20, Bis rue Louis Philippe, 92200 Neuilly sur Seine. Ph :+33 (1) 393-58023 London: Office 404, 4th floor, Albany House, 324/326 Regent Street, London, W1B3HH. Ph : +44 (0)800 6226561 ASIA Mumbai: Plot No. GJ 07, Seepz++, Seepz SEZ, Andheri (East), Mumbai, Maharashtra 400 096 Ph: +91-22-66407676

You might also like