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Nitor Partners Joins Zycus Partner Network for e-Sourcing and Spend Management to Support...

Chooses Zycus eSourcing Suite and Zycus Actionable Spend Analysis for End-to-End Solutions

PRINCETON, N.J. -- Zycus Inc., a global leader in Spend Management software solutions, today announced that Nitor Partners has joined the partner network as

a premier partner. Nitor Partners is a management consulting firm that aligns with leading organizations to provide complete spend management solutions. Nitor Partners currently serves over 25 of the Global 100 companies across North America, Europe and Asia.

Nitor has extensive experience implementing solutions with a track record for delivering successful and cost-effective implementations in almost every major industry - automobile manufacturing, banking, chemicals, consulting services, financial services, health care, industrial equipment, insurance, pharmaceuticals, retail and telecommunications among others.

"Nitor is an extremely important partner for us going forward, as our iSource and iPlan customers are eager to seed our sourcing tools with best practices from industry leaders in sourcing," said Arthur Raguette, Vice President Business Development at Zycus Inc. "Zycus' Spend Management Solutions will also help Nitor's customers identify, manage and track savings opportunities through an intuitive and objective driven process ensuring greater visibility, while leveraging our sourcing and planning tools to realize repeatable, sustainable savings," he added.

Jack Mulloy, President of Nitor Partners said, "Zycus was a natural choice as Zycus offers best-of-breed solutions for key spend management processes, including: Data Enrichment, Spend Visibility, Sourcing Planning, and e-Sourcing execution. Our customers demand that Nitor brings cutting edge spend management strategies & solutions to the table, so the Zycus partnership is clearly inline with our strategic objective to remain the thought leaders in the spend management space."

Zycus has recently announced the launch of its Strategic Sourcing suite that addresses the entire process of analysis, planning, supplier evaluation and negotiations. Zycus' new solution empowers rapid user adoption resulting in sustained savings through extremely easy to use software that automates the entire strategic sourcing process.

About Zycus

Zycus is the world's leading provider of Spend Management solutions to Global 1000 companies. Zycus' solutions suite, comprising of eSourcing and Actionable Spend Analysis tools, combine cutting-edge technology and domain expertise to enable greater user adoption and sustainable savings. Zycus' solutions facilitate greater process planning, control and increased corporate alignment of Spend Management Initiatives.

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