What is Zycus iSource - A Comprehensive E-Sourcing Solution?
Zycus’ iSource is an e-sourcing automation technology that offers shorter sourcing cycle times; more competitive markets; easier collaboration with spend owners, stakeholders, and suppliers; and efficient use of procurement and other corporate resources. What makes iSource stand out is that it addresses the market gap directly, blending both fundamental and advanced e-Sourcing capabilities within a remarkably intuitive, flexible and easy-to-use tool. The solution is capable of handling 10,000+ line items and 100+ suppliers which allows its customers to conduct simple to highly complex sourcing events.
Featuring the iOptimize module, iSource helps sourcing professionals of all levels to identify mathematically the best sourcing decisions deriving from complex supplier bid data without requiring advanced knowledge of applied mathematics. With prebuilt models for frequently used bid optimization scenarios and constraints, iOptimize delivers advanced sourcing decision support in as little as three clicks. At the same time, procurement groups looking to innovate beyond accepted approaches for bid optimization are still free to develop custom scenarios and constraints.
iSource also comes with the iManage module which is a comprehensive sourcing and project management platform that includes category-specific project templates, dynamic dashboards and project status reporting to ensure that sourcing initiatives move forward on desired timelines, comply with preferred processes, and deliver predictable and consistent results.
What will you get by purchasing the product?
Single page RFx creation
Easy to use single page RFx creation – as easy as writing an email to the supplier
Simplified table structure
No complex pricing table structure required to release an RFx
Suppliers creation on the fly
Creation of new potential suppliers on the fly while creating RFx
Quick Source Audit
Audit on all spot-quote RFx events via Quick Source
The ability for the suppliers to respond to the RFx event from one click via the invitation email
One page supplier response mechanism
Easy to use one-page supplier response mechanism – ensuring the complete process is quick
Powerful search on Listing Page for accurate and fast results, and search suggestions based on historical data
Event Level Attachments
Ability for suppliers to add event-level attachments