Zycus is a known world leading supplier of Procurement Technology solutions, its service provision includes providing its customers with actionable intelligence that is made possible alongside other services such as improved data quality, supplier participation, and also ensuring compliance by reinforcing data look- up for supplier diversity information and credit risk.
According to the Senior Vice President of Global at Zycus, Chiranjib Guha, “This partnership is a part of our strategic initiative to further bolster Zycus’ offering and accentuates value delivery for its customers. Zycus is known as a leader in the aspect of creating an ecosystem that will be well utilized for collecting and managing spend data through features such as easy accessibility and faster data coverage.
On the other hand, Dun & Bradstreet is known as the biggest supplier of specific solutions for businesses, these solutions includes analytics, insights and also commercial data amidst others.The partnership deal between Zycus and Dun & Bradstreet will help in ensuring that their customers, specifically the procurement and suppliers stakeholders have access to actionable intelligence which can serve as a means to improve their services.
Various organizations can fully utilize this Avenue as a means of strengthening their supplier management by using the means of data look- ratings as a tool for providing supplier diversity information and also credit risk ratings asides the faculty which is used as a means for searching out information on parent-child relations for suppliers worldwide.
It is noteworthy to know that Zycus, as an organization has been previously cited as a Leader in the Gartner’s 2018 Magic Quadrant for Strategic Sourcing Application Suites, making it the fourth time in a role to achieve such.