Paris, 07 January, 2010 - Zycus, a world leader in Spend Management solutions, today announces that Converteam, a worldwide specialist in power conversion with global headquarters in France, chooses Zycus Spend Analysis.
Converteam provides customized solutions to convert electrical energy through optimum applications of technology in rotating machines, drives and process automation. With over 5,000 employees, the group provides power solutions worldwide and serves specialized sectors, as well as its core markets in Marine Offshore, Oil & Gas and Offshore, Energy and Industry. At year-end 2008, Converteam sales totaled 1,099,000,000 EUR.
“Converteam has always paid special attention to innovation and technology, hence Zycus Spend Analysis was an obvious choice because of its innovative and easy-to-use approach to multi-lingual spend classification,” said Christiane Lemercier, Group Sourcing Director at Converteam. “The selection of Zycus for our processes will enable us to have a clear view of spend across multiple ERP platforms which will ensure efficient sourcing decisions.”
“We are excited to partner with Converteam in helping this world-class engineering company automate and streamline their spend analysis processes,” said Anurag Dixit, Vice President of Global Marketing at Zycus. “The strengths of Zycus Spend Analysis’ multi-lingual capabilities paired with its ease-of-use will further accelerate their ability actualize efficiency and reach their sourcing objectives,”
About Zycus
Zycus continues to deliver on its heritage of providing best-in-class spend management solutions that are world renowned for delivering an accelerated return on investment through superior user adoption to create Maximized Savings. Zycus’ solutions are built from the ground up combining cutting-edge technology and domain expertise, enabling higher performance and sustainable value to organizations worldwide. Zycus provides global spend management solutions to more than 170 leading Fortune 1000 customers that consider spend management software, processes and technology strategic to their competitive advantage. Zycus Spend Management solutions automate and streamline the processes of spend analysis, strategic sourcing and contract management.
With more than 170 global proven implementations, Zycus' solutions have emerged as the global favorite. Zycus has more than 250 employees across North America, Europe and Asia-Pacific. To learn more about Zycus, e-mail information@zycus.com or visit www.zycus.com.
Press Contacts
Holly Glennon
Global Marketing, Zycus Inc.
Holly.glennon@zycus.com
Direct: 770-837-2591
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