Zycus Spend Management Solutions Confirms Procurement Contract with Fonterra

AUCKLAND, New Zealand--(BUSINESS WIRE)--Zycus, a world leader in Spend Management solutions, today announced that the world's leading dairy exporter Fonterra, has selected Zycus’ Spend Analysis and Strategic Sourcing solutions to help streamline procurement processes and create an enterprise-wide view of spend to identify savings opportunities and improve sourcing performance.

“Zycus’ Spend Management solutions have given us the ability to view aggregated spend across the organization and by doing this have further identified cost saving opportunities. This has validated the value and benefits of Zycus’ robust strategic sourcing solution.”

Fonterra required a centralized spend management solution that integrated data from multiple disparate systems to help category managers and procurement analysts save time on gathering, correcting and processing data. They also sought a strategic partner to provide best-in-class procurement solutions to deliver sourcing efficiency, track and manage contract compliance, identify cost saving opportunities and other potential improvements.

“Zycus’ Spend Management solutions have given us the ability to view aggregated spend across the organization and by doing this have further identified cost saving opportunities. This has validated the value and benefits of Zycus’ robust strategic sourcing solution.” said Joanne Davenport, Procurement Development Manager.

“Fonterra is another example of Zycus’ continued momentum across the globe which is attributed to our innovative; easy-to-use SaaS based solutions and our customer responsiveness. We look forward to helping Fonterra achieve their business objectives and delivering accelerated ROI” says Anurag Dixit, VP- Global Marketing at Zycus.

About Fonterra

Fonterra is the world’s largest dairy exporter. As New Zealand’s largest and truly multinational business, Fonterra trades in 140 countries. Our portfolio includes dairy ingredients, liquid and powdered milks, cultured foods and yoghurts, butter, cheese and specialty foodservices products. Our brands include Anchor, Anlene, Anmum, Fresh n’ Fruity, Mainland, Western Star, Brownes, Ski, Tip Top and Chesdale.

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 [e-mail] or visit www.zycus.com.