Gartner’s Hype Cycle for Procurement and Sourcing Solutions can be a go-to report for sourcing, procurement and supply chain leaders eager to understand the maturity and benefit ratings of leading technology solutions available to help prioritize investments correctly.
“Determine is shaping the future of cloud platform-based source-to-pay and contract management and organizations of all sizes can turn to the Gartner Hype Cycle for Procurement and Sourcing Solutions in order to find companies that may fit their needs. We believe to be included is a testament to our innovation and continuing focus on customer-centered product development; we also believe to be cited four times in Adolescent and Early Mainstream categories, including two with High Benefit Ratings, is proof positive that we are strongly on the right growth curve.”
Project P2P Solutions: P2P project solutions provide outstanding levels of process efficiency and effectiveness, along with much faster implementation. This workstream-related functionality features such unique capabilities as the ability to manage project budgets, project templates to identify standard associated purchases, dynamic workflows that support project spending, and many others. Project P2P Solutions are ideal for verticals such as retail, entertainment, higher education, technology services and construction, all industries in which Determine has a pertinent customer base.
Source-to-Settle Solutions: With a modular solution approach built on the natively developed Determine Cloud Platform, Determine’s focus on “best of breed” capabilities that share a unified data model, and integrates dynamic workflows through Business Process Management. Organizations with complex spend challenges across multiple work streams, including services spend, are currently using multiple solutions on the Determine Cloud Platform to simplify complexity, from sourcing, contracting to P2P to specific feature areas like compliance management, time card management, budgeting, inventory management and beyond.
Procure to Pay Suites: Determine’s procure-to-pay offers end-to-end modular configurability that simplifies the entire process from catalog to payment. Determine’s P2P is highly configurable, due in part to its platform as a service (PaaS) that enables seamless budget, financial management and contract integration. This strengthens procurement organizations’ ability to achieve and realize savings and spend targets.
Contract Lifecycle Management: Part of the Determine Cloud Platform, Determine’s CLM shares the same verified single source of data that integrates with all other modular solutions to optimize spend, risk and supplier management. Determine Contract Management also focuses on a wider user base that provides self-service and wizard driven features that increases ROI utility of contract management by expanding usage beyond user traditional silos of legal or contract administrators in the past.
“The Gartner Hype Cycle for Procurement and Sourcing Solutions can be an important resource for those companies reviewing their technology needs. Unlike other reports, which offer a snapshot freeze-frame of what’s happening in a given moment, the Hype Cycle shows trending information. Companies are seeking a balance between wanting immediate advantages and results, but also having long-term flexibility for growth. We believe being listed in four categories, the Determine Cloud Platform is obviously delivering the best of both worlds.”
— Constantine Limberakis, Vice President of Product Marketing,
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The Determine Cloud Platform seamlessly integrates with major ERP or third-party systems such as SAP,
For more information, please visit: www.determine.com.
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