wikipedia s notability guidelines for companies and organizations . please help to establish notability by citing reliable secondary sources that are independent of the topic and provide significant coverage of it beyond its mere trivial mention . if notability can not be established the article is likely to be merged redirected or deleted . find sources zycus news newspapers books scholar jstor free images january 2014 learn how and when to remove this template message type private industry internet software & services founded 1998 headquarters new jersey us number of locations newjersey chicago atlanta london melbourne netherlands india area served world wide key people aatish dedhia ceo products complete source to pay suite of procurement performance solutions number of employees 650 website http www.zycus.com zycus is a global procurement suite provider which designs and develops software solutions in the procurement domain . 1 contents 1 history 2 products 3 customers 4 awards & recognition 5 references history edit zycus was founded in 1998 by mr. aatish dedhia . 2 dedhia had worked previously at intel corporation in the u.s. where he was part of the core design team on the pentium ii processor and introduced internet and intranet technologies within the pentium ii group for improving group work and knowledge management . 2 in 2002 zycus introduced autoclass 3 which performs automatic classification using artificial intelligence 2 ai rather than rigid mapping algorithms to code and classify products for representation in business to business e commerce catalogs . zycus tied this auto classification engine to the universal standard products and services classification product coding system known alternatively as the united nations standard products and services code or unspsc . 3 in 2003 they expanded the application of this technology to corporate spend analysis mining corporate transaction records to generate information for use in support of strategic sourcing supply base reduction supplier negotiations and corporate spend reduction endeavors . 4 the firm continued to refine auto classification and spend analysis technologies as well as artificial intelligence 5 and to build additional solutions for procurement such as electronic sourcing 6 7 contract management 8 supplier performance and information management 9 financial savings management 10 and procure to pay p2p . 11 12 in 2012 the firm applied ai powered auto classification to the execution of procurement transactions 13 classifying spend transactions as they occur 14 and guiding employees to choose preferred or standard items and services and to make lowest cost spend decisions guided buying . 13 products edit zycus saas based cloud source to pay suite is an industry leading 15 suite that provides automation solutions for strategic & operational aspects of the procurement domain consisting of spend analysis offers spend visibility into organization wide spend . the module consists of autoclass patented artificial intelligence based automated mechanism for spend classification . ianalyze identifies savings opportunities through taxonomy classification and analysis of spend data . icost compares and tracks cost of matrix against the market price sourcing offers esourcing for simple and complex categories with fact driven decision making contract management allows contract creation & provides visibility into contracts lifecycle . the module consists of repository centralized contracts storage warehouse . authoring allows creation and negotiation of compliant contracts supplier management tracks supplier performance and stores supplier information in a centralized location . it includes two modules . isupplier allows maintaining supplier information and supplier on boarding . iperform allows tracking measurement and management of supplier performance supplier network centralized supply base of all suppliers in an organization financial savings management tracks savings across business divisions project management enables creating maintaining tracking procurement projects across the organization request management centralized solution to raise approve and process requests zycus also provides procure to pay suite that integrates with other module and includes procurement the eprocurement module provides catalog management purchase order management & requisition handling with guided buying assistance invoicing the einvoicing module enables invoice payment management electronic invoices workflow matching and automated discounting customers edit as of february 2016 zycus website included references to the following customers . advanced micro devices amd amerigas cargill carlson celgene coca cola colgate palmolive curtiss wright energizer general electric gsk ing bank kca deutag university of missouri nestle pon holdings rio tinto rockwell automation st. barbara limited sunoco weatherford wells fargo . awards & recognition edit 2015 placed again in the gartner leaders quadrant in the magic quadrant for strategic sourcing application suites 15 2013 placed in the leaders quadrant in the gartner magic quadrant for strategic sourcing application suites . 16 2010 named among the 10 for 2010 solution providers to watch in 2010 by cpo rising . 17 2008 red herring 100 asia . 18 2007 named by sigaria the governor of the european leaders network as specialist and underwriter for the company s spend management knowledge group . 19 references edit zycus inc. . bloomberg businessweek . retrieved 29 april 2013 . a b c mascarenhas anil . leaderspeak . india infoonline ltc . retrieved 29 april 2013 . a b staff 1 may 2002 . zycus unveils autoclass e commerce content classifier . information today inc. staff 30 october 2003 . zycus tool automates data analysis . supply management . rae david . technology review zycus actionable analytics v4 .0 . procurement leaders sigaria ltc . retrieved 29 april 2013 . busch jason . comparing sap and ariba for sourcing part 1 . spend matters azul partners inc. retrieved 22 may 2013 . busch jason . 20 ways the falling euro may impact sourcing procurement and supply chain strategies part 3 . spend matters azul partners inc. retrieved 29 april 2013 . busch jason . is it time to redefine how procurement looks at contract management software . spend matters azul partners inc. retrieved 29 april 2013 . busch jason . zycus building up the solutions arsenal behind the scenes part 5 . retrieved 29 april 2013 . busch jason . live from zycus analyst day dispatch two . spend matters azul partners inc. retrieved 29 april 2013 . busch jason . zycus horizon expanding the suite in spend analysis sourcing and p2p part 1 . spend matters azul partners inc. retrieved 29 april 2013 . avery susan . procure to pay addresses compliance gap . my purchasing center . retrieved 2 may 2013 . a b busch jason . p2p and eprocurement don t assume folks will find what they re looking for part 3 . spend matters azul partners inc. retrieved 29 april 2013 . mitchell pierre . guided buying the future of p2p . spend matters azul partners inc. retrieved 29 april 2013 . a b deborah wilson . gartner magic quadrant for strategic sourcing application suites . gartner inc. retrieved 4 february 2015 . gartner does not endorse any vendor product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation . gartner research publications consist of the opinions of gartner s research organization and should not be construed as statements of fact . gartner disclaims all warranties expressed or implied with respect to this research including any warranties of merchantability or fitness for a particular purpose . deborah wilson . gartner magic quadrant for strategic sourcing application suites . gartner inc. retrieved 1 july 2013 . bartolini andrew . 10 for 2010 solution providers to watch in 2010 . cpo rising ardent partners ltc . retrieved 29 april 2013 . staff . red herring 100 asia . red herring inc. archived from the original on 13 may 2013 . retrieved 29 april 2013 . staff . european leaders network announce zycus as new spend management group specialist . procurement leaders sigaria ltc . retrieved from https en.wikipedia.org w index.php title zycus & oldid 739654825 categories software companies of indiahidden categories use dmy dates from september 2016use indian english from september 2016all wikipedia articles written in indian englisharticles with topics of unclear notability from january 2014all articles with topics of unclear notability navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what 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