What is Zycus - Spend Analysis Solution?
Zycus Spend Analysis Software is a software that not only tracks corporate spend but also facilitates sourcing maverick spend, increases compliance, and generates savings. With its advanced spend analysis offerings, zycus expands the performance horizon by 2 key points:
- Automating and the after accelerating identification of savings opportunities
- Synthesizing spend data with global market intelligence to aid competitive sourcing and supply management strategies.
The comprehensive software consists of Autoclass that helps classify spends, iCost that tracks fluctuating commodity prices, iAnalyze that identifies sourcing and spend management opportunities, and Automated Savings Opportunity Identifier.
What will you get by purchasing the product?
01. Fast, flexible, repeatable spend data extraction
Automated spend data extraction, transformation, and combination
02. Global Spend Visibility
Multilingual data recognition
03. Accurate, detailed, consistent, timely views of spending
Artificial intelligence-powered spend data classification
04. Spend views that keep pace with business and market changes
Quick, easy updates to classification models
05. Generate comprehensive reports with minimal efforts
Powerful multi-dimensional drill down and drill across reporting
06. Quick snapshot and easy access to relevant information
Dynamic dashboards with real-time data refresh
07. Consistent alignment of work activities with top-line business objectives
Tools for managing business performance objectives
08. Improved data quality & minimized maverick spend
Data classification at point-of-requisition
09. Quick and easy opportunity identification and prioritization
Automated mining of savings improvement opportunities
10. Effortless integration of spend data with external market information
Aggregation and auto-update of global market intelligence
11. Insight into category cost drivers
Category-specific cost modeling
