Zycus adds new features to spend management software

New strategic sourcing tools look to broaden use of e-sourcing

By Maria Varmazis -- Purchasing, 1/29/2008 11:04:00 AM

Spend management software firm Zycus hopes to drive adoption of its software by introducing new features to capture spend throughout the supply chain. The company will introduce two new modules called iSource and iPlan to its Strategic Sourcing application. iSource focuses on e-RFX capabilities such as supplier bid evaluations, while the iPlan module will help buyers cull supplier information through a seven-step sourcing plan to help buyers profile commodities and profile demand.

“Zycus is now focusing its innovation energies on making software extremely easy to use so that e-sourcing gets the universal adoption it rightly deserves,” says Zycus’ CEO Aatish Dedhia.