Advanced Savings Tracking Software for Procurement-Finance Collaboration. Zycus Financial Savings Management is a collaborative platform that allows you to develop, track & facilitate procurement savings by auto-converting procurement savings into financial measures.

Cross-Functional Savings

Track & segregate savings across multiple dimensions & functional boundaries.

Improved Compliance

Ensure compliance to different contractual & procurement processes.

Risk Mitigation

Advanced analytics for commodity tracking & cost modelling.

Key Features

• Structure & share procurement cost savings information through a single platform to ensure transparency between forecasted & achieved savings.
• Highly configurable & customizable functionalities for easy planning, building and managing savings pipeline.
• Multi-dimensional savings tracking by sourcing strategy employed or by impact type or by cost savings type.
• Procurement savings auto-mapped to top-line financial measures such as profit & loss, cash flow, cost of goods sold and balance sheet.
• Multi-level automated approval workflows to validate procurement cost savings & collaboration from in procurement & finance. Zycus Financial Savings Managements’ integrated spend enables flipping of spend opportunities into savings projects.

Benefits

Better Savings Alignment

Brings structure, credibility, and efficiency between procurement contributions & top line business objectives.

Improved Collaboration

Maps and automates existing workflows for efficient collaboration between procurement and finance.

Accurate Reporting

Ensures accurate and transparent reporting of savings.