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Large U.S. Auto Insurance Company Upgrades to Zycus for Contract ManagementZycus, the leading source-to-pay procurement solutions provider, announced today that a large U.S.-based auto insurance company will soon begin an upgrade to its comprehensive Contract Management solution, fully utilizing both document repository (iRepository) and collaborative authoring (iAuthoring) modules. The Midwest-based company was an early adopter of contract management software, but has now reached a state of operational maturity where its first-generation solution no longer supports strategic needs. According to the company's Director of Procurement, important solution features factoring into the Zycus selection include:
"More and more," says Zycus CEO and founder Aatish Dedhia, "we are seeing mature enterprise procurement organizations trading up from first- to next-generation procurement solutions across the entire spectrum of procurement technology, including procure-to-pay (P2P), e-sourcing, supplier performance, information and contract management. We build our solutions from the ground up rather than acquiring, so we benefit greatly from talking to active procurement pros and understanding what they don't like, what doesn't work well in their first-gen solutions. As global economic recovery continues to accelerate, we believe the upgrade trend will persist and even intensify as procurement professionals seek leading-edge capabilities to support an expanding array of procurement value-delivery modes that extend far beyond cost savings." About Zycus Zycus is a leading global provider of complete Source (News - Alert)-to-Pay suite of procurement performance solutions. Our comprehensive product portfolio includes applications for both the strategic and the operational aspects of procurement - eProcurement, eInvoicing, Spend Analysis, eSourcing, Contract Management, Supplier Management and Financial Savings Management. Our spirit of innovation and our passion to help procurement create greater business impact are reflected among the hundreds of procurement solution deployments that we have undertaken over the years. We are proud to have as our clients, some of the best-of-breed companies across verticals like Manufacturing, Automotives, Banking and Finance, Oil and Gas, Food Processing, Electronics, Telecommunications, Chemicals, Health and Pharma, Education and more. To learn more about the Zycus, address e-mail to [email protected] or visit http://www.zycus.com/.
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