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Spend analysis and classification platform

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Spend analysis and classification platform
Zycus Spend Analysis? Zycus Spend Analysis is a cloud-based spend management solution designed to help businesses analyze, track, and classify spend data. The centralized platform allows users to identify and calculate market trends, cost drivers, and commodity prices.

Zycus Spend Analysis helps procurement teams gain visibility into company spending, improving business decision-making processes. The automatic classification tool uses artificial intelligence to sort data into categories with multiple language support. Users can track fluctuating commodity prices on a monthly basis with over 300 cost models available.

With Zycus Spend Analysis’ reporting functionality, managers can create ad hoc spend reports organized by category, payment terms, supplier, diversity, and more. Personalized dashboards and data visualization features allow users to review spend analyses in real time.


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