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Zycus Adds New Features to Procurement Suite

Zycus, a vendor of software for procurement management, has added a number of features to its applications.

The latest release of the companyís Spend Analysis tool automates report scheduling according to weekly, monthly or quarterly spend data refresh timetables. Routine reports can be set to export automatically with e-mail notifications. Other reporting enhancements include the ability to analyze spend data from a rolling time perspective, customize data export settings, and personalize options to define default datasets and currencies. Spend data is now automatically integrated with the vendorís iCost tool, eliminating data upload tasks and making it easier for users to comprehend spending and pricing trends in global and local markets, Zycus said. The release also allows for the transfer of information between e-sourcing and contract-management systems and desktop tools such as MS Excel and Word. The latest release of Zycusís Supplier Performance Management application speeds up the ability of users to provide input on supplier performance.

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