News Releases | December 19, 2019 Download

Determine, a Corcentric Company, Cited as Strong Performer in Source-to-Contract Suites Report by Independent Research Firm

CHERRY HILL, NJ – Determine, a Corcentric company, a leading global provider of SaaS Source-to-Pay and Enterprise Contract Lifecycle Management (ECLM) solutions was named a Strong Performer in The Forrester Wave™: Source-To-Contract Suites, Q4 2019.

Cited as a Strong Performer with the highest score possible in the references for usability criterion, the Forrester Wave™: Source-To-Contract Suites, Q4 2019 states that Determine’s usability and implementation support attracts clients.

“It’s a great honor to be cited as a Strong Performer in The Forrester Wave™: Source-To-Contract Suites,” said Joe Payne, Senior Vice President, Source-to-Pay, for Corcentric. “Our industry‐leading cloud solutions for Strategic Sourcing give our customers an uninterrupted flow of information throughout the entire source-to-contract process. Seamless integration between sourcing, supplier information and contracts empowers them to achieve best value. By automating their source-to-contract processes, they drastically improve savings identification, increase collaboration, build stronger supplier relationships and align supplier, corporate, and financial goals.”

“[Determine’s] clients gave it very good scores for usability and above average scores for implementation,” writes Forrester Vice President, Principal Analyst Andrew Bartels in the report. The report also states, “Its commercial approach makes it very attractive from a pricing perspective.”

“Determine product quality and team’s support were two key factors in our decision to work with them,” said Fabienne Lecuyer, Goods & Services Purchasing Director, Invivo. “The solution will help us improve productivity, spend compliance, and visibility through better purchasing operations management.”

Determine Source-to-Contract suite of solutions includes Project Management, RFx, e-Auction, Bid Analysis & Award, Sourcing Analytics, as well as full Contract Lifecycle Management (CLM) capabilities. Acting as a single point of entry and single source of data truth integrated across all its modules, Determine provides global organizations the flexibility and configurability required by a diverse set of business users to manage their complex Source-to-Contract needs.

“We are very proud to be recognized in The Forrester Wave™: Source-To-Contract Suites, Q4 2019,said Matt Clark, President and COO of Corcentric. “We believe it demonstrates the breadth of Determine Source-to-Contract solution capabilities in helping purchasing organizations better manage upstream processes. We are grateful for the support, trust, and loyalty of the valued Determine customers who participated in our evaluation.”

Download the report.

 

About Corcentric

Corcentric is a leading provider of source-to-pay and order-to-cash solutions for businesses in the US and Europe. Corcentric’s procurement, accounts payable, and accounts receivable solutions empower companies to spend smarter, optimize cash flow, and drive profitability. Since 1996, more than 6,000 customers from the middle market to the Fortune 1000 have used Corcentric to reduce costs and improve working capital. Learn more at corcentric.com. To learn more about Determine, a Corcentric company, a leading global provider of SaaS Source-to-Pay and Enterprise Contract Lifecycle Management (ECLM) solutions, please visit: determine.com

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