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Traverse the Road-map from Spend Analysis to Savings

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Zycus

Published On: 01/18/2018

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Traverse the Road map

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Organizations are always looking out for ways to cut costs and save more.

In fact as per Deloitteโ€™s global chief procurement officer survey 2017 โ€“ โ€œCost reduction remains one of the top priorities for CPOs globally with nearly 40% of the CPOs primarily focusing on consolidating spendโ€. The major challenge faced by CPOs is having granular level visibility across the organizational spends.

Procurement's

Another challenge faced by CPOs is getting Finance to agree on Procurementโ€™s savings contributions. In fact, almost half of Finance leaders believe that not even 20% of savings generated by procurement drop down to the bottom line โ€“ as per a study by Protiviti.

Steer through these challenges by analyzing your spend and creating a single-agreed-source-of-truth for your procurement savings.

Join us for a live product demonstration of Zycus Spend & Savings Management solution by Shibu Nair, Manager โ€“ Solutions Consulting at Zycus Inc.

Register for this complimentary solution demo to learn how learn how the ย solution can help you to meet your procurement savings objectives through:

  • Accurate, consistent, timely, detailed visibility into spending
  • Improved data quality and minimized maverick spend
  • Easy identification of savings opportunities to accelerate decision making
  • Calculation of the impact of procurement savings on P&L and balance sheet
  • Ensuring transparency into forecasted and achieved savings by maintaining a single-agreed-source-of-truth
  • Mapping and automating of existing approval workflows for efficient collaboration between procurement and finance

Date: 15th November 2017, Wednesday
Time: 11 AM ET

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Featured Speaker:


Shibu Nair,
CPSMยฎ
Manager, Solutions Consulting
Zycus Inc.

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The Hidden Cost of ERP Bundles: Why Procurement Needs More

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Zycus is a leader in Cognititive Procurement. A leading SaaS platform used by many large enterprises across the globe for enabling efficiency and effectiveness of the procurement function.

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