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- Zycus
- Customer Success
- Broadridge
Broadridge Revolutionizes Procurement with Zycus' AI-Driven Solutions
Harnessing AI to Drive Efficiency and Innovation in BFSI Procurement
Challenges
- Complex and time-consuming procurement processes
- Lack of visibility and control over spending
- Inefficient contract management and supplier collaboration
Solution
Broadridge utilized Zycus’ Merlin AI-powered procurement platform to transform and streamline their procurement operations.
Result
- Achieved a 30% reduction in procurement cycle time
- Enhanced spend visibility and control, leading to more strategic decision-making
- Improved supplier relationships and negotiations through autonomous solutions
Value Metrics
79%
Improvement in Request to PO
14%
Improvement in Order to Delivery Receipt
8 Days
Supplier Onboarding
99.5%
Invoice Compliance to PO/Contract
Broadridge Financial Solutions, a global leader in providing technology-driven solutions for financial services, empowers businesses in the BFSI sector with its comprehensive suite of offerings.
Website
(https://www.bdo.com.ph)
Zycus’ innovative AI solutions have been instrumental in transforming our procurement, resulting in significant time savings and efficiency gains.
BDO Procurement Leader
Joey Gotuaco
Senior EVP and Head-Central Operations
Banco de Oro (BDO) Unibank Inc.
