I believe the phrase “spend intelligence” to be misleading. To me, it sounds like a new take or sub-segment of business intelligence software applications which offer analytics and dashboard capabilities and sit on top of existing systems of record. The problem is that spend visibility and analytics is much more complex, requiring data cleansing, rationalization, […]
August 4, 2009
“Progressive business intelligence in key areas such as Spend Management should not only tell you where you have been, but also where you are or where you should be going on an adaptive basis . . . think of true business intelligence in terms of a GPS system that can provide updates on current road […]
February 13, 2009
Princeton, NJ, February 9, 2009 – Zycus, a world leader in Spend Management solutions, today announced that Sigma-Aldrich, a leading life science and high technology company, has selected Zycus for Spend Analysis. “Through Zycus’ capabilities, we are able to quickly identify a large amount of spend for which we had not previously had visibility,” said […]
January 20, 2009
Princeton, NJ, January 12, 2009 – Zycus Inc., the leading Spend Management solutions company, today announced significant performance during the first half of its fiscal year, recording 122 percent in overall year-over-year growth. The company follows an April to March fiscal year. During this period, Zycus added 27 new customers across multiple countries and established […]
December 19, 2008
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 […]
October 23, 2008
“Recognizing that adoption or end-user compliance is one of the main barriers to a successful program, the ability for project champions to leverage user comfort with known applications such as Excel to access certain functions within the SAP architecture could stimulate stakeholder buy-in, at least internally. By promoting the utilization of SAP through a familiar, […]
August 11, 2009
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