Case Study: Global Blood Therapeutics transforms procurement and contract management with Zycus

Global Blood Therapeutics in USA Undertakes Procurement Transformation with Zycus

A leading clinical-stage biopharmaceutical company in the USA faced significant challenges with its procurement processes. Using NetSuite and its Point Purchasing product, the company struggled with manual invoice approvals, a lack of reporting capabilities, and an inability to manage contracts effectively. These issues created compliance risks and hindered efficiency for both its procurement and legal teams. To address this, the company partnered with Zycus for a procurement transformation.

Zycus implemented its iRequest, iContract, iSupplier, eProcurement, and eInvoicing modules to create an integrated source-to-pay solution. This provided a centralized platform that streamlined contract management, automated workflows, and improved supplier oversight. The results were substantial, including the management of over $147 million in spend, the creation of 4,700+ contracts, and the onboarding of 2,100+ suppliers. Zycus' solution accelerated contracting processes, enhanced compliance, and significantly increased operational efficiency for the customer.