Defining the Next Generation Source-to-Pay Platform
In part 1
& part 2
of this 3-part series, Jason Busch and Michael Lamoureux of Spend Matters covered the limitations of point solutions and suites. They show you how best-of-breed end-to-end platforms address those concerns.
In this final part you’ll learn why, if procurement is to deliver on its mission providing support across the strategic sourcing and buying lifecycle, platforms are the only way forward.
- Source to contract adaptability
- P2P configurability
- Integrating contingent services
- Supplier relationship management
Download this whitepaper to learn what to look for in a next-generation platform.
||This content originally appeared on Spend Matters. It has been reprinted with permission for Determine.
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.