As our unpredictable world becomes more complex, interdependent and dangerous, traditional financial and operational risks seem like the good old days. Now procurement has to manage, mitigate and avoid risks as disparate as conflict minerals, cybercrime, natural disasters, resource depletion and many others.
The most important and effective thing you can do is to increase insight into and across all your third-party contracts, supplier base and extended supply chain. After all, you can’t manage what you don’t know.
In this report, you’ll learn how linking CLM and SIM will help you achieve the visibility and control you need to:
- Create a consistent and streamlined single source of truth
- Eliminate unqualified suppliers and enforce compliance with CLM
- Quickly aggregate, parse and analyze data by combining CLM and SIM
- Digitize and automate processes for efficiency and force multiplier effect
Questions? Contact us at +1.877.806.1932
Determine, Inc. (NASDAQ: DTRM) is a leading global provider of SaaS Source to Pay and Enterprise Contract Lifecycle Management (ECLM) solutions. Our 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.