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Feb 23 :: Zycus' Spend Data Management™ Software for Spend Analysis is Adopted By AstraZeneca

Source:www.businesswire.com

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Princeton, NJ, US- The Vision to Build an Automated Spend Analysis Infrastructure That Delivers a Permanent and Secure Solution Behind Their Firewall Was Key to Selection of Zycus' AutoClass Software at AstraZeneca, UK

Zycus Inc. leaders in Spend Data Management announces the adoption of their AUTOCLASS software by AstraZeneca, one of the world's leading pharmaceutical companies. AstraZeneca has successfully tested Zycus' AutoClass software for automated spend data classification to UNSPSC for their Business Unit in UK.

Zycus' AutoClass software leveraged the historical transaction spend data (extracted from Ariba Buyer system) and classified the same to granular UNSPSC codes as well as custom AstraZeneca taxonomy , prior to the data being loaded for spend analysis. AstraZeneca is implementing a Global Procurement Data Warehouse (PDW) based on Ariba Analytics to garner potential savings opportunities from its purchasing spend spread across multiple systems and locations across the globe.

About Zycus
Zycus is a leader in Spend Data Management™ (SDM) with a compelling vision for enterprises who plan to transform their procurement organization and stay at the cutting edge of Supply Management. SDM is the foundation to cleanse, classify and enrich vendor, master and transactional data that powers on-going global spend analysis. Fortune 500 organizations such as General Electric, Dupont, 3M, Alcoa, US Federal Government Marketplace (GSA) and Unilever along with more than 35 Fortune 500 organizations have already implemented and experienced the power of Zycus software and solutions.

For media enquiries, contact:
Anurag Dixit
Director – Marketing, Spend Analysis Solutions
Zycus Inc.
Ph. +1 888 451 0145;
Email: anurag@zycus.com

© 2006 Zycus Inc. Zycus Spend Data Management™ is Zycus’ trademark.
All other trademarks, trade names, logos, brands if any, are used for identification purposes only and belong to their respective owners.

 

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