Zycus: Vendor Analysis (Part 1) — Background and Solution Overview

Aatish Dedhia, Zycus’s founder, has long preached the benefits of technology provider self-sufficiency, including management-driven investment, profitable growth and organic, suite-based product development. It is based on these principles that Zycus “grew up” from a razor-focused pioneer in the spend classification sector nearly 20 years ago into a strategic procurement technologies suite and, eventually, a full end-to-end source-to-pay (S2P) suite provider. While Zycus has strong comparative solutions depth and capability in certain areas, part of its broader market appeal has been often comparatively low pricing, which we view as a value-based feather in its cap.

This Spend Matters PRO Vendor Snapshot provides facts and expert analysis to help procurement and finance organizations make informed decisions about whether a provider like Zycus, either on a modular or source-to-pay suite basis, is likely to be a strong shortlist candidate for their needs. Part 1 of our analysis provides a company background and detailed solution overview, as well as a summary recommended fit suggestion for when organizations should consider Zycus for their S2P needs. The remainder of this multipart research brief covers product strengths and weaknesses, competitor and SWOT analyses, user selection guides, and insider evaluation and selection considerations.