Belgian Post teamed up with Zycus Spend Management, a global leader in spending managementsolutions, to reduce costs and streamline its end-to-end procurement processes.
Under the deal, the Belgian postal operator will implement Zycus Spend Analysis for itsspending management initiatives in order to prepare for the postal liberalisation in 2011. Thecompany required spending visibility to identify cost reduction opportunities further aiding to thesuccess of its process optimisation, Zycus reported.
“De Poste/La Poste is a significant win for Zycus in the services industry,” said AnuragDixit, Vice President of Marketing at Zycus. “Particularly in this industry it is important forcompanies to adopt innovative Spend Management processes to ensure sustainable profitability. ZycusSpend Analysis, easy to use solution will help De Post/La Poste in getting clear, accurate level ofvisibility into spending enabling De Post/La Poste to reach their company objectives.”
Over the past several years, Belgian La Poste has seen a decrease in mail volumes due to theemergence and adoption of the internet, email and mobile text messaging. With this shift in demand,the company has embraced these challenges by improving its delivery service and profitability.
Zycus said that its Spend Analysis solution presents procurement stakeholders a platform toaggregate, cleanse, classify and enrich cryptic, multilingual spending and supplier data to build asavings pipeline. “This next generation solution can be quickly deployed in a SaaS(software-as-a-service) mode to provide a transparent, automated and repeatable spend analysissolution to achieve consistent savings, year on year, every year,” the solution provider added.
