PRINCETON, N.J.–(BUSINESS WIRE)–Zycus, a global leader in Source-to-Pay procurement technology
solutions, announced its partnership with Global Risk Management
Solutions (GRMS). GRMS provides companies and organizations with
innovative solutions for screening and compliance management of new and
existing suppliers, contractors and service providers.
Commenting on the occasion Carl McCauley, Senior Vice President –
Sales, Zycus, said, “In recent times, ‘knowing your
suppliers’ and mitigating supply chain risk are top corporate
objectives. As a result, enterprises are increasingly looking to Zycus
to help them in this endeavor. Zycus’ software solutions and GRMS’
services will empower our clients to understand risk in engaging with a
certain supplier and derive actionable insights to make correct
decision.”
“GRMS’ services coupled with Zycus’ technology allow our clients to have
a clear understanding of the risk in their supply chain as well as other
key metrics. A strong well vetted supplier base acts as source of
competitive advantage for enterprises. Thus, selecting the right
supplier in a scientific manner is critical for organizations,” said Gerard
Smith, President at GRMS. “We look forward to working with Zycus and
helping their clients better monitor their procurement process.”
“This partnership is a part of our strategic initiative to expand our
global network of partners. GRMS would be very instrumental in further
strengthening Zycus’ offering, thereby providing an edge over the major
Source-to-Pay players in the market,” stated Richard Waugh, Vice
President – Corporate Development, Zycus.
About Global Risk Management Solutions (GRMS)
Global Risk Management Solutions (GRMS) is the recognized leader in
providing innovative no cost supplier screening solutions that assist
companies to reduce exposure to global supply chain risk. GRMS is the
only company that can provide a customizable global supplier screening
and management program in over 120 countries. www.GlobalRMS.com
About Zycus
Zycus is a leading global provider of complete Source-to-Pay suite of
procurement performance solutions. Our comprehensive product portfolio
includes applications for both the strategic and the operational aspects
of procurement – Spend Analysis, eSourcing, Contract Management,
Supplier Management, Financial Savings Management, Request Management,
Project Management, eProcurement and eInvoicing. Our spirit of
innovation and passion to help procurement create greater business
impact is reflected among the hundreds of procurement solution
deployments that we have undertaken over the years.
Zycus caters to 250+ customers in 20 countries across diverse industries.
