CARMEL, Ind., Jan. 08, 2019 (GLOBE NEWSWIRE) -- Determine, Inc. (OTCQB: DTRM), a pioneering leader in global Source-to-Pay and Enterprise Contract Lifecycle Management (ECLM) Cloud Platform solutions, announced today that the company has been recognized in five Q4 2018 Spend Matters SolutionMapSM vendor comparison rankings released this month.
Spend Matters SolutionMap rankings are designed to be used by companies to compare solution provider capabilities across the source-to-pay and contract management spectrum. SolutionMap personas offer an in-depth detailed view and analysis through a comparative methodology that leverages a range of metrics to provide industry practitioners the most objective assessment of solution offerings from companies like Determine.
“The real advantage of using the persona-based SolutionMap approach...is the ability to map market segments individually to your own organizational requirements, wants and needs. And if you want to push the boundary and have the solution actually help you diagnose and improve the contract language itself (e.g., using AI), then only a few providers are rising to the top to seize this emerging opportunity.”
— Pierre Mitchell, Managing Director and Chief Research Officer, Spend Matters
Determine racked up five SolutionMap rankings this quarter, including top Value Leader positions in E-Procurement and Invoice-to-Pay personas, as well as Customer Leader and Solution Leader recognition in Sourcing, E-Procurement, Invoice-to-Pay, Procure-to-Pay and Contract Lifecycle Management.
“As important as it is to rank high in Spend Matters SolutionMaps, the real accomplishment is to establish a consistent, growing trend from quarter to quarter. Since the introduction of the SolutionMap last year, Determine has been recognized for the qualities of innovation and customer success that the company was founded on. Our rankings in five categories is really because of feedback from our fantastic customers — which is as important as analyst research in determining SolutionMap position. Customers across industries are becoming evangelists of the Determine Cloud Platform and its stellar agility, out-of-the-box usability, advanced configurability and ease of integration with other systems, and ranking on SolutionMaps shows that.”
— Julien Nadaud, Chief Product Officer, Determine, Inc.
Determine appears on Spend Matters Q4 2018 SolutionMap rankings for:
Contract Lifecycle Management
E-Procurement
Invoice-to-Pay (I2P)
Procure-to-Pay (P2P)
Sourcing
Full SolutionMap details can be found at www.spendmatters.com.
About Spend Matters
Spend Matters is the leading solution intelligence source for procurement and supply chain professionals. Combining deep technology analysis and tailored advisory services with daily news coverage and subscription research, Spend Matters is trusted by CPOs, consultants, investors and solution providers alike as their procurement technology intelligence partner. Spend Matters is owned and managed by Azul Partners, Inc.
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About Determine, Inc.
Determine, Inc. (OTCQB: DTRM) is a leading global provider of SaaS Source-to-Pay and Enterprise Contract Lifecycle Management (ECLM) solutions. The Determine Cloud Platform provides procurement, legal and finance professionals analytics of their supplier, contract and financial performance. Our technologies empower customers to drive new revenue, identify savings, improve compliance and mitigate risk.
The Determine Cloud Platform seamlessly integrates with major ERP or third-party systems such as SAP, Oracle, Sage, QAD and Microsoft. Modular solutions can be configured to add more as needed to provide additional value beyond spend management. Our unified master database and business process approach empower users at every level to make more informed and smarter decisions.
For more information, please visit: determine.com.
Contact
Media Relations:
Mike Mitchell
Determine Inc.
+1.650.532.1590
pr@determine.com