SOURCE: Zycus Inc.


February 03, 2016 12:30 ET

Zycus' Annual "Pulse of Procurement" Research for 2016 has Kicked Off

PRINCETON, NJ--(Marketwired - February 03, 2016) - Zycus, a global leader in source-to-pay procurement technology solutions, announced that in keeping with the annual tradition of showcasing the trends and updates in the procurement industry, it has once again geared up to conduct its popular 'Pulse of Procurement' study in 2016.

The survey, which can be accessed here, is the stepping stone for the annual research that will provide a detailed insight into the current challenges procurement professionals face and the expectations they have from the industry in terms of innovations and technology enhancements for the year.

After completing this short survey, the respondents will be provided with an exclusive first look at the final report, which will provide insights into the following topics:

  • Focus areas for top performing procurement teams in 2016
  • Pain points for the procurement industry and how to overcome them
  • Statistics for benchmarking procurement maturity, compliance and spend under management
  • Insights into procurement technology trends for 2016.

"After completing 5 years of Zycus' Annual Research Report, the Pulse of Procurement study, it is interesting to observe the trends in the industry and changing priorities for procurement over the years," says Zycus CEO and Founder, Aatish Dedhia. "This study will help the entire procurement function recognize the opportunities that lie ahead of procurement in 2016 and ways to overcome the toughest challenges that they are currently struggling with. I would really encourage the procurement professionals to lend a hand for the betterment of the industry and complete the short survey," he said.

The survey is open to all procurement professionals and can be accessed here.

Zycus has been running its Pulse of Procurement study since 2011, the report for 2015 can be found here.

About Zycus

Zycus is a leading global provider of procurement solution suites across the source-to-pay and procure-to-pay cycles. Our product portfolio includes applications for strategic procurement, such as Spend Analysis, eSourcing, Contract Management, Supplier Management, and Financial Savings Management as well as operational procurement applications like eProcurement and eInvoicing. Our spirit of innovation and our passion to help procurement create greater business impact is reflected in the hundreds of procurement solution deployments we have undertaken over the years. We are proud to have as our clients some of the best-of-breed companies across verticals like Manufacturing, Automotive, Banking and Finance, Oil and Gas, Food Processing, Electronics, Telecommunications, Chemicals, Health and Pharma, Education and more. We currently serve over 300 customers worldwide in 20 countries.

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