The PayStream 2017 Contract Lifecycle Management (CLM) Navigator scores the top CLM solutions and providers available, ranking functional categories on a scale of one to ten, with ten being highest.
Determine outperformed in Deliverability, a critical area of customer success which the report cites as focusing “entirely on customer experience, including implementation, initial and ongoing training, customer support, user interface, pricing, and ongoing cost of ownership.”
“Deliverability is all about making it faster, easier and more efficient for our customers to meet not only their contract management needs, but overall business requirements. As the report notes, faster implementation, streamlined onboarding, intuitive design, responsive design and other capabilities are the identifiers of success - all recognized hallmarks of Contract Lifecycle Management on the Determine Cloud Platform. That’s how customers are achieving Platformance.”
Drawing on its long heritage of pioneering contract management, Determine is a leading CLM provider focused on managing the complexity of contract management. Natively built tools on the Determine Cloud Platform, such as native OCR functionality, contract repository searchability, tracking and archiving, make Determine’s CLM one of the most adaptable contract management platforms available.
That is why Determine also landed firmly on right side of the Adaptability axis of the report’s Navigator Plane scoring grid — indications of the company’s vast experience and deep resources. This chart represents a comparison of the best of the best CLM providers, each of which is considered a leader in the marketplace based on provider adaptability and proficiency metrics.
Called out for its “strong global presence, as well as their collective resources and experience,” the PayStream 2017 Contract Lifecycle Management (CLM) Navigator states the “Determine solution is a good choice for large international companies.”
“Contract management has always been one of the core strengths of our company. Achieving such high marks in this report against pure-play providers really exemplifies the added dimension we’re bringing through our modular cloud platform approach. What truly sets us apart is the ability to seamlessly integrate and unify contract management across all of our solutions - like supplier management and procure to pay - through our dynamic workflow capabilities. CLM on a platform creates a multiplier effect that improves contract visibility and compliance while reducing contract risk.”
The complete PayStream 2017 Contract Lifecycle Management (CLM) Navigator can be found here.
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