Fortune 500 Packaging Company Cuts Contract Cycle Time by 75%
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This case study explores the successful transformation of a Fortune 500 packaging solutions company through the implementation of Zycus’ source-to-contract suite. The company faced challenges in its existing system, including fragmented contract storage, limited visibility for management, and inefficient approval processes. By adopting Zycus’ comprehensive suite of solutions, the company achieved significant value realization. It experienced a 5X increase in contracts authored, a 75% reduction in contract cycle time, a 60% increase in sourcing events, and a 60% increase in e-signing of contracts.
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