Zycus Measures the 2014 Procurement Pulse in U.S.

This is the second in the series of research by Zycus on the state of procurement in US and surveyed 300 procurement executives from leading companies in North America

PRINCETON, N.J.--()--As a part of our ever-going efforts to better comprehend the constantly evolving enterprise procurement challenges and best practices around the globe, Zycus is pleased to present the US edition of Pulse of Procurement 2014 report on the state of procurement performance and technology. The survey was conducted among 300 procurement practitioners, over 75% of them being senior level executives from $2 billion plus companies in North America.

The report will help procurement executives to look beyond the current snapshots into emerging trends as enterprise strategic procurement functions continue to evolve and become mature. It delves into:

  • The pain areas for procurement in 2014
  • The state of procurement in 2014
  • The benchmarks for procurement performance
  • The upcoming trends in procurement technology
  • The procurement executive’s technology wish-list

Zycus CEO Aatish Dedhia says, “Based on the findings of the report, we are excited to observe that, after many years of intense focus on fixing old problems, procurement appears to be moving into a new phase — characterized by innovation — in which information gets transformed into competitive business intelligence, sourcing and procurement activities become more forward-focused and predictive and the scope of procurement’s performance contributions expands into many areas beyond purchase costs and process efficiency.”

Zycus began this research series back in 2011 with a motive of better understanding the needs of the procurement community at large and since then, has released various region specific versions of this research on a regular basis. To get your free copy of 2014 U.S. research findings and to check the pulse of 300 plus procurement pros on integrated procurement suite and much more, download this report.

About Zycus

Zycus is committed to positioning procurement at the heart of business performance. With our spirit of innovation and a passion to help procurement create even greater business impact, we have evolved our portfolio to a complete Source-to-Pay suite of procurement performance solutions - Spend Analysis, eSourcing, Contract Management, Supplier Management, eProcurement, eInvoicing and Financial Savings Management. We are proud to have more than 200 solution deployments among Global 1000 clients across verticals like Manufacturing, Automotives, Banking and Finance, Oil and Gas, Food Processing, Electronics, Telecommunications, Chemicals, Health and Pharma, Education and more.

To learn more about the Zycus, address e-mail to information@zycus.com or visit http://www.zycus.com/

Contacts

Press
Zycus Inc.
Silky Agarwal
Manager - Public Relations
Direct: 1 866-563-9219
silky.agarwal@zycus.com

Pulse of Procurement 2014 research report for U.S. (Graphic: Business Wire)

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Release Summary

This is the second in the series of research by Zycus on the state of procurement in US and surveyed 300 procurement executives from leading companies in North America

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Contacts

Press
Zycus Inc.
Silky Agarwal
Manager - Public Relations
Direct: 1 866-563-9219
silky.agarwal@zycus.com