SupplyChain Magazine August 2022 | Page 113

Ivalua
Zycus Zycus has been pioneering cognitive procurement software for global enterprises for over two decades . With its revolutionary Merlin AI suite , Zycus empowers procurement and accounts payable ( AP ) professionals to focus on strategic projects .

TOP 10 05

Ivalua

06

Zycus Zycus has been pioneering cognitive procurement software for global enterprises for over two decades . With its revolutionary Merlin AI suite , Zycus empowers procurement and accounts payable ( AP ) professionals to focus on strategic projects .

It helps enterprises drive savings , reduce risks and boost compliance , says the company , being recognised by Gartner , Forrester , and other esteemed analysts for its S2P integrated suite . Zycus offers data-driven actionable insights “ to allow for quicker and smarter decisions ”, and its conversational-style AI offers a B2C-type GUI to end users .
Founded in 2000 , Ivalua is a S2P suite dedicated to transforming spend and supplier management . Used by more than 300 leading companies , Ivalua ’ s solutions manage more than US $ 500bn in direct and indirect spend . The solution is designed to help users optimise efficiency , lower risk , unlock supplier-led innovation , maximise profitability and improve sustainability .
Ivalua brings value by reducing maverick spend , enhancing visibility in tail spend , and invoice automation . In a recent case study , Ivalua ’ s solution helped a leading glass packaging firm save 19 % on average over four years .
supplychaindigital . com 113