FRANKFURT, GERMANY – December 17, 2008 – Zycus, a world leader in Spend Management solutions, today announced that the parent company of NV Bekaert SA, the Belgium-based world leader in advanced metal transformation and advanced materials and coatings, has selected Zycus for effective enterprise spend management.
“Zycus was the clear choice because its innovative technology can help us create visibility over multilingual spend data,” said Danny Pieters, Global Purchasing Director at Bekaert. “This, coupled with the ease of use of their solution and a very responsive delivery and support team, allowed us to make the choice of partnering with them to achieve our goals.”
Bekaert, with its multinational production operations, found that Zycus’ solution required minimal resources, had multilingual capabilities and was low maintenance. Bekaert intends to achieve total transparency over the next 12 to 18 months and achieve classification overview on additional language data once its database management system is Unicode compliant.
“We are delighted to partner with Bekaert in helping this world leader establish its spend management best practices,” said Anurag Dixit, Vice President of Marketing at Zycus. “Zycus’ spend analysis solution provides superior visibility that will enhance the return on investment (ROI) achieved from Bekaert’s strategic sourcing program.”
Zycus’ solutions are designed to increase procurement efficiencies by streamlining complex processes via easy-to-use solutions. With innovative technologies like Web 2.0 and Artificial Intelligence, Zycus’ solutions enable higher user adoption, accelerated ROI and improved cycle times. Zycus Spend Management solutions help procurement professionals analyze, plan and source their spend to achieve consistent sustainable saving.
Zycus was featured in a profile article on Procurement Insights in October. Here is the link to that article: https://procureinsights.wordpress.com/2008/10/23/doing-what-comes-naturally-accessing-zycus-spend-management-innovation-through-a-simplified-and-practical-user-interface-zycus-inc-profile/
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Posted on December 19, 2008
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