SAN MATEO, CA — (Marketwired) — 05/12/16 — (NASDAQ: DTRM), a leading global provider of SaaS Source to Pay and Enterprise Contract Lifecycle Management solutions, offered through the Determine Cloud Platform, which includes, strategic sourcing, supplier management, contract management, and procure-to-pay applications, announced that one of the world–s leading health products brands has selected Determine Smart Spend Analytics as the solution to enable them to make dramatically smarter spend decisions.
Determine–s Smart Spend Analytics solution streamlines disparate spend data and consolidates it into dashboards to prove actionable intelligence for sourcing professionals. The solution provides a holistic view of spend by combining expertise with technology that makes it easier to turn millions of transactions into actionable business intelligence such as new sourcing opportunities to maximize supplier spend consolidation efforts. The solution ultimately allows our customers to make smarter decisions and exceed their savings goals.
“Success in source to pay and strategic sourcing initiatives depends significantly on intelligent spend analytics with lots of actionable insights. Determine Smart Spend Analytics spells it all out with stunning clarity using our best-in-class analytic features and design. Our team has decades of collective experience in spend analysis services and technology delivery,” states Patrick Stakenas, President and CEO Determine, Inc.
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Determine (NASDAQ: DTRM) is a leading global provider of SaaS Source to Pay and Enterprise Contract Lifecycle Management (ECLM) solutions. Our Gartner recognized visionary technologies allow our customers to effectively manage the full scope of Source to Pay and ECLM using our Determine Cloud Platform. Our Source to Pay software suite includes strategic sourcing, supplier management, contract management, and procure-to-pay applications.
The Determine Cloud Platform gives procurement, finance, and legal professionals the ability to deliver profound insights through analysis of their supplier relationships and contractual requirements. Our customers leverage the Determine Cloud Platform to discover previously unseen supplier and spend data; make more informed and smarter business decisions; drive new revenue; control costs; improve workflow efficiencies; and mitigate risk.
Our customers benefit from the Determine Cloud Platform–s robust suite of integrated applications. Whether they start with a full-suite implementation or choose to implement just one application and build over time, each additional application allows for the automatic sharing of data already in place on the Determine Cloud Platform.
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Determine, Inc.
Rose Lee
+1.650.532.1590
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