Impressive Communication Sdn. Bhd., a leading provider of communication solutions, today announced the successful implementation and go-live of the Zycus Contract Lifecycle Management (CLM) system for Seller Contracts for one of Malaysia’s largest telecommunications companies. This marks the completion of Phase 1 of the project, which went live in May 2024.
Zycus is a leading provider of source-to-pay procurement performance solutions, helping enterprises drive greater business impact through unified, end-to-end platforms. The Zycus CLM system is a comprehensive solution that automates and streamlines contract processes, enabling organizations to improve efficiency, reduce risk, and enhance overall contract management capabilities.
The implementation of the Zycus CLM system has already delivered significant benefits to the telco, including the prevention of revenue leakage and a substantial reduction in contract lifecycle times. By automating and streamlining contract processes, the system has enabled the telco to improve efficiency, reduce risk, and enhance overall contract management capabilities.
Phase 2 of the project will focus on the implementation of the Zycus CLM system for Buyer Contracts, with an expected go-live date of September 2024. This phase will further enhance the telco’s contract management capabilities, enabling them to effectively manage the entire contract lifecycle from initiation to renewal.
The successful implementation of the Zycus CLM system is a testament to the expertise and dedication of the teams at Impressive Communication Sdn. Bhd. and the telco. It also highlights the power of technology to transform business processes and drive significant improvements in efficiency and effectiveness.