Zycus Contract Management

Zycus Contract Management
Companies that neglect contract management and allow critical information to remain
fragmented, distributed, unstructured, and trapped inside of digital scans or PDFs expose
themselves to multiple legal, market, and procurement return-on-investment (ROI) risks. The
Zycus Contract Management Solution minimizes contract related risk and empowers procurement
organizations to actively manage compliance and achieve maximum benefits.
The standard features of Zycus iContract solution include a customizable interface, smart
contract warehouse with multi-parameter search, dynamic reporting, configurable dashboards,
and alerts tied to parameters like contract expiry, contract utilization, off contract spending and
market price fluctuations.
iContract Repository - Centralized repository for contract searching & compliance tracking
Zycus iContract Repository provides a secure, centralized contract repository that minimizes the
risk of competitive business intelligence being compromised. In addition to reducing the risks,
iContract Repository promotes contract compliance and empowers procurement professionals to
manage market-based risks associated with long term contracts.
CONTRACT MANAGEMENT INNOVATION
By interacting with suppliers from around the globe companies can capture the best supplier
innovation, best supplier performance, and lowest total costs. To enable businesses for global,
competitive commerce, Zycus has added to its Contract Management Solution an advanced
feature, which empowers procurement organization’s to,
iContract Authoring - Contract creation, collaboration and negotiation with ease
Zycus iContract Authoring empowers procurement organization’s to,
!
Accelerate contract negotiation, authoring and approval processes
!
Minimize exposure to legal risk and capture benefits - by standardizing contract language
and version control
Zycus iContract
Multi Parameter
Search
Utilization
Tracker
MS Word
integrated
User defined
access
iContract
Repository
Compliance
Tracker
Alert &
Reminders
Reports &
analysis
Wizard
Based Contract
Authoring
Template
Library
iContract
Authoring
Collaborative
Authoring
Contract
Negotiation
Secured
Access
Zycus iContract Repository
for accelerated savings
Zycus iContract Authoring for
contract creation & approval
Clause
Library
Key Features
+ Smart contract warehouse with strict
Key Benefits
+ Enhance stewardship, security and continuity around important documents
access control
+ Empower procurement professionals with rapid access to commercial data
+ Powerful keyword search
+ Reduce maverick spending and erosion of cost savings
+ Compliance and utilization tracking
+ Ensure awareness of spend and risk management opportunities related to
+ Configurable alerts and reminders
+ Template library with wizard-driven
contract authoring
contract expiry and market conditions
+ Accelerate contracting processes, and minimize risks of contracting across legal
systems
+ Audit trail to track contract versions
+ Ensure proper governance and efficient/effective version management
+ Collaborative authoring and negotiation
+ Promote collaboration and high user adoption among key stakeholders
About Zycus
At Zycus we are 100% dedicated to positioning procurement at the heart of business performance. For more than a decade we have
been the world's most trusted leader in Spend Analysis. With our spirit of innovation and a passion to help procurement create even
greater business advantages, we have evolved our portfolio to a full suite of Procurement Performance Solutions comprising of
Spend Analysis, eSourcing, Contract Management, Supplier Management, Procure-to-Pay and Financial Savings Management.
Zycus Inc. 103, Carnegie Center Suite 117, Princeton, NJ 08540
Ph: 609-799-5664
www.zycus.com