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Deliver Deep Value Across Every Contracting Stage
Powered by Merlin Intake and Agentic AI, Zycus iContract simplifies contract management at every stage. From authoring and negotiation to execution and renewal, achieve Deep Value and Deep Savings through intelligent automation, seamless collaboration, and proactive insights.
Strategic and Intelligent Contract Creation
Strategic and Intelligent Contract Creation
Accelerated Contract Initiation with Merlin Intake: Initiate contracts directly within MS Teams and autonomously generate SOWs from MSAs and pricing data, reducing cycle time.
GenAI-Powered Contract Summaries: Generate concise, AI-driven contract summaries that highlight critical clauses, obligations, and risks for faster understanding.
Automated Metadata Extraction and Field Profiling with Agentic AI: Automate metadata extraction and add custom fields, clauses, and questions, tailoring contracts to organizational needs.
Real-Time Multi-Party Authoring: Collaborate with internal and external stakeholders simultaneously, ensuring contracts are aligned, compliant, and optimized for strategic value.
Smarter and Faster Negotiations
Smarter and Faster Negotiations
GenAI-Driven Negotiation Insights: Leverage Merlin AI to analyze pricing trends, benchmarks, and risks, providing actionable insights for negotiations.
Real-Time Redlining with MS Word Integration: Collaborate with stakeholders using MS Word for redlining, ensuring alignment, efficiency, and compliance.
Automated Negotiations with ANA: Agentic AI enables autonomous negotiation, suggesting optimal terms and strategies based on real-time data and historical patterns.
Autonomous Contract Amendments with ANA: Automate amendments with ANA, ensuring timely updates to terms while maintaining compliance and accuracy.
ROI: Deliver Deep Value by aligning contracts with goals, achieving Deep Savings through faster timelines and compliance.
Seamless Collaboration for Strategic Value and Cost Efficiency
Seamless Collaboration for Strategic Value and Cost Efficiency
Real-Time Collaboration with Merlin Intake: Collaborate simultaneously with internal and external stakeholders, guided by Merlin Intake, to accelerate contract reviews and align decisions with strategic goals.
Automated Alerts and Reminders: Keep the approval process on track with automated alerts and reminders, accessible via MS Teams and mobile devices.
GenAI-Enhanced Risk Flagging for Approvals: Leverage AI Agentic workflows to flag potential risks in contract clauses, ensuring stakeholders focus on areas requiring careful review.
Smart Clause Management for Compliance with Agentic AI: Effortlessly suggest, update, and validate contract clauses, ensuring contracts remain compliant and aligned with organizational policies.
Optimize Contract Performance and Ensure Seamless Renewals
Optimize Contract Performance and Ensure Seamless Renewals
Automated Obligation and Milestone Tracking with Agentic AI: Monitor contract obligations, renewal dates, and compliance requirements, receiving timely alerts to ensure adherence.
Comprehensive Audit Logs and Version Control: Maintain detailed records of contract activities while managing and comparing versions side-by-side for accurate and streamlined contract oversight.
Streamlined Rebate Management: Identify and claim rebates automatically with alerts, maximizing financial benefits based on contract terms.
Real-Time Contract Insights with Merlin AI: Access a centralized repository with AI-driven analytics to track performance, compliance, and renewal opportunities.
Contract management Platform Advantages
Spend Alignment with ANA
Match spend data to contracts, improving utilization and reducing maverick spend.
AI-Powered Workflows with Merlin Intake
Streamline contract lifecycle stages with AI-driven initiation, approvals, and renewals.
Autonomous Negotiation with ANA
Automate smallest of your spend negotiations using real-time insights and past data to secure optimal terms.
Empower Your Source-to-Pay With GenAI-Powered Apps
Quick Source
Quickly identify top suppliers with AI-driven sourcing, RFx, and bid analysis.
Mitigation Genie
Monitor supplier risks effortlessly with real-time summaries and automated assessments.
Extract Genie
Extract obligations from contracts automatically to improve compliance.
Smart Desk
Scoring Pro
Score supplier responses quickly with GenAI, analyzing strengths, weaknesses, and conciseness.
Analytics
Transform data into actionable insights with GenAI, driving S2P improvements.
Trusted by 500+ leading brands
WHAT SETS US AHEAD
Advanced Obligation Tracking with AI
Monitor contract obligations, track performance, and ensure timely adherence to key milestones.
Automated Data Extraction with Agentic AI
Extract critical contract data for faster reporting and reduced manual intervention.
Actionable Business Benchmarking Insights
Align contracts with best practices using industry benchmarks and business term insights.
Zycus Source-to-Pay Streamlining Procurement Processes for Every Industry
Hear From Our Customers
โThe process with Zycus has been very good, very strong. The process that has improved the most with Zycusโ digitization has been our true visibility on spend on a one-click basis. Something that used to take us weeks is now done in 2 seconds.โ
Gabriel Kiewek
Chief Operating Officer
โThere were a lot of competing deadlines, but Zycus was open to engage regarding the challenges we experienced and responsive towards developing a solution. The team at Zycus displays a collaborative and solutions-oriented approach.โ
Head of Non Trade Procurement
Iโm excited to share my experience with implementing Gen-AI Merlin Assist in our organization. This AI-powered tool has transformed how we manage Source-to-Pay requests, providing real-time notifications to keep us informed and enabling seamless on-the-go approvals.
Iโm impressed with Zycus for providing a single platform that fosters team collaboration and customizing solutions to meet our needs at Regeneron. Their quick turnaround on change requests has been excellent. They are a great company to work with.
โThe process with Zycus has been very good, very strong. The process that has improved the most with Zycusโ digitization has been our true visibility on spend on a one-click basis. Something that used to take us weeks is now done in 2 seconds.โ
Gabriel Kiewek
Chief Operating Officer
โThere were a lot of competing deadlines, but Zycus was open to engage regarding the challenges we experienced and responsive towards developing a solution. The team at Zycus displays a collaborative and solutions-oriented approach.โ
Head of Non Trade Procurement
Zycus Named in Gartnerโs Magic Quadrant for Source-to-Pay Suites 2024
Latest Case Studies
FREQUENTLY ASKED QUESTIONS
Contract management software is a digital solution that automates the entire contract lifecycle, from creation and negotiation to execution, renewal, and compliance tracking. It helps businesses unlock deep value by reducing risks, improving contract visibility, and enhancing compliance.ย
Zycus' AI-powered contract management software streamlines contract workflows, provides real-time insights, and leverages AI agents to extract key terms, assess risks, and ensure compliance. This results in faster approvals, better vendor collaboration, and cost optimization.ย
Contract lifecycle management (CLM) involves automating and optimizing the entire contract process, from drafting to execution and renewal. Zycus' AI-driven CLM solution enables organizations to maximize deep value procurement by mitigating risks, ensuring compliance, and improving contract performance.ย
Industries like procurement, banking, healthcare, IT, manufacturing, and legal services benefit from AI-driven contract management by reducing contract cycle times, ensuring regulatory compliance, and enhancing supplier negotiations.ย
Zycus' AI agents enhance contract management by:ย
- Auto-extracting contract terms to reduce manual workย
- Identifying high-risk clauses and non-compliance issuesย
- Predicting contract performance based on historical dataย
- Recommending optimal contract templates for negotiationsย
Contract automation eliminates manual inefficiencies, speeds up approvals, ensures supplier compliance, and reduces revenue leakage. By leveraging AI agents and deep value insights, organizations can optimize contract outcomes and enhance strategic decision-making.ย
Zycus' AI-powered contract management solution proactively identifies risks by analyzing contract clauses, comparing them against best practices, and alerting stakeholders about potential non-compliance issues.ย
Achieve Deep Value with Smarter Contracting Solutions
Schedule your demo now!