Zycus, a world leader in procurement technology solutions across the source-to-pay cycle, has announced that Sensus has selected its complete spend analysis and eSourcing solutions.
The Spend Analysis implementation will encompass standard AutoClass and iAnalyze technology, plus the advanced:
- iCost feature, which enables spend analytics in context of some 1,200 market price and cost models.
- iMine feature, which automates identification of potential strategic sourcing and other procurement performance improvement opportunities.
According to Market Watch, Sensus’ eSourcing deployment, in the meantime, will include the advanced iManage feature, which supports sourcing-process standardization, workflow and communications management from opportunity identification all the way through competitive supplier RFx and strategic business-award decisions.
Ron Malin, director of sourcing for Sensus said:
“As a company whose own products leverage the power of big data, we see enormous potential in having up-to-date, highly granular visibility into our spending worldwide,” said . “We chose Zycus for its deep domain expertise with spend classification, ease of use in its solutions and ability to accommodate our spending data across multiple languages, including English, German and Chinese.”
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