Zycus iSource

Zycus iSource is the e-sourcing product in the Zycus source-to-pay suite. Buyers use it to run sourcing events and award business to suppliers. It links with the vendor's intake, contract and procure-to-pay modules.

What Zycus iSource offers

• RFx and auctions — runs requests for quotes and proposals, auctions and final-offer rounds.
• Live bid analysis — scores bids and offers recommendations during an event.
• QuickSource — a route aimed at tail-spend purchases.
• Multi-envelope sourcing — handles larger, higher-stakes projects.
• Built-in governance — templates, terms and thresholds keep each event within policy.

Who it works with

Chief procurement officers and sourcing teams use it to shorten sourcing cycles and gain visibility of savings. Zycus says it is chosen by several hundred well-known companies.

Key facts

• Vendor: Zycus
• Suite: part of source-to-pay, with Merlin AI features
• Analyst mentions: cited in Gartner and Forrester reports on procure-to-pay and contract software