Supply Chain Council of European Union | Scceu.org
Technology

Zycus Recognized as a Leader in Contract Life-Cycle Management for Buy-Side Contracts

PRINCETON, N.J.–()–Zycus, a world leader in Procurement Technology solutions across the
Source-to-Pay cycle providing solutions to Fortune 500 companies
globally, announced that it was positioned as a ‘Leader’ in the Buy-Side
Contract Lifecycle Management in the report named ‘The
Forrester Wave™: Contract Life-Cycle Management, Q3 2016.’
The
report also cites Zycus as a ‘Strong Performer’ for Sell-Side CLM and
All Contracts, mentioning that clients gave Zycus’ CLM solution “good
marks for usability.”

Zycus was among the select companies that Forrester Inc. invited to
participate in its research that undertook a 28-criteria evaluation of
the CLM software providers, and identified the 14 most significant ones.

In the Buy-Side Contracts segment of the evaluation, Zycus’ top scores
were for:

  • Related Applications – Score 5/5
  • Contract Types Supported – Score 5/5
  • References (Usability, Implementation, Ongoing Support) – Score 4/5
  • Financial Resources to Pursue Strategy – Score 5/5

Zycus’ CEO Aatish Dedhia mentions, “We believe our position as a Leader
validates the core values we hold at Zycus. It is extremely gratifying
to know that our customers are willing to share their experiences with
Forrester. We strive to develop products in our suite that are no less
than a best of breed software application. With increasing number of
clients for our Contract Management solution, we hope to remain as one
of the Leaders in this space.”

Zycus
Contract Management Solution
empowers organizations to meet specific
procurement objectives, for gaining the power to influence business
performance through:

  • Accelerated contracting processes and enhanced compliance across
    multiple legal and government regulatory systems
  • Enhanced stewardship, security and continuity around important
    contract documents
  • Reduced maverick spending and reduced erosion of cost savings built
    into contracts
  • Greater awareness of spend and risk management needs related to market
    conditions and contract expiry

About Zycus

Zycus is a leading global provider of end-to-end Source-to-Pay
suite. Its comprehensive product portfolio includes applications for
both the operational and the strategic aspects of procurement –
eProcurement, eInvoicing, Spend Analysis, eSourcing, Contract
Management, Supplier Management, Financial Savings Management, Request
Management and Project Management. Its client base consist of some of
the best-of-breed companies across verticals like Manufacturing,
Automotive, BFSI, Oil and Gas, Food Processing, Electronics,
Telecommunications, Chemicals, Health and Pharmaceutical, Education and
more.

To learn more about the Zycus solutions, write to [email protected]
or visit http://www.zycus.com/

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