News Releases | April 1, 2020 Download

Determine, a Corcentric Company, Recognized in Six Spring/Q1 2020 SolutionMaps from Spend Matters

Ranking Across the Breadth of Categories — Including P2P, I2P, CLM, Sourcing and others — the Source-to-Pay Leader Displays Upstream and Downstream Product Strength in the Latest Spend Matters SolutionMaps Release

CHERRY HILL, NJ, April 1, 2020 – Determine, a Corcentric company, a leading global provider of SaaS Source-to-Pay and Contract Lifecycle Management solutions, was recognized in the Contract Lifecycle Management, Procure-to-Pay (P2P) and Invoice-to-Pay (I2P) Spring Q1, 2020 SolutionMaps from Spend Matters released this month.

“Being named across nine Q1 2020 SolutionMaps from Spend Matters is outstanding recognition that our corporate and product vision of offering a “one-stop shop” is exactly on track,” said Joe Payne, Senior Vice President, Source-to-Pay, Corcentric. “The breadth and diversity of SolutionMap categories that Determine, a Corcentric company, is included in shows that our unique combination of advisory, technology and managed services is resonating with, and meeting the needs of, our customers across industries.”

SolutionMap Validated Badge 2020

Determine, a Corcentric company, Q1, 2020 SolutionMap rankings

Determine, a Corcentric company, solutions are designed to help mid-market to Fortune 1000 companies transform, automate and streamline entire Source-to-Pay and Order-to-Cash processes to control costs, maximize savings, mitigate risk and improve working capital. The following SolutionMap categories are where the company delivers outstanding efficiency and effectiveness:

  • Spend and Procurement Analytics
  • Sourcing
  • Contract Lifecycle Management
  • E-Procurement
  • Procure-to-Pay
  • Invoice-to-Pay

According to Matt Clark, COO and President of Corcentric, “As our Spend Matters SolutionMaps rankings show, Determine, a Corcentric company, is continuously focused on solving the real and persistent challenges that businesses face every day — cash flow, cost containment, and continuity. That commitment is even more important right now as the world faces down the unprecedented pandemic impacting every facet of business and personal life. We work hard to earn the support, trust and loyalty of our valued customers, and we stand behind them now to help minimize their business disruption wherever we can.”

Spend Matters’ SolutionMap allows buying organizations to compare procurement technology vendors at a platform level rather than by solely reviewing technological capabilities and features.

“SolutionMap is the great equalizer between buyers and sellers of procurement technology solutions,” says Jason Busch, Founder, Spend Matters. “It is the only benchmarking methodology that is fully transparent, considers equal parts technology analyst and customer scoring (individually and separately), and allows business users to create a one-to-one map based on their requirements to what technology vendors can provide based on demonstrated, generally available capability.”

Complete Q1 2020 SolutionMap details can be found at www.spendmatters.com.

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About Spend Matters — Solution Intelligence for Procurement

Spend Matters is the leading solution intelligence source for procurement and supply chain professionals. Combining deep technology analysis and tailored advisory services with daily news coverage and subscription research, Spend Matters is trusted by CPOs, consultants, investors and solution providers alike as their procurement technology intelligence partner. Spend Matters is owned and managed by Azul Partners Inc.

About Determine, a Corcentric company.

Determine, a Corcentric company, is a leading global provider of SaaS Source-to-Pay and Enterprise Contract Lifecycle Management (ECLM) solutions. The Determine Cloud Platform provides procurement, legal and finance professionals analytics of their supplier, contract and financial performance. Our technologies empower customers to drive new revenue, identify savings, improve compliance and mitigate risk.

The Determine Cloud Platform seamlessly integrates with major ERP or third-party systems such as SAP, Oracle, Sage, QAD and Microsoft. Modular solutions can be configured to add more as needed to provide additional value beyond spend management. Our unified master database and business process approach empower users at every level to make more informed and smarter decisions.

For more information, please visit: determine.com

About Corcentric

Corcentric is a global provider of market-leading source-to-pay, order-to-cash, and fleet solutions. From the mid-market to Fortune 1000 businesses, Corcentric delivers technology, managed services, and strategic advisory focused on reducing costs, optimizing working capital, and unlocking revenue. Corcentric was named a 2020 ’50 Providers to Know’ by Spend Matters, a leader in IDC MarketScape: Worldwide SaaS and Cloud-Enabled Accounts Payable Automation 2019, and a Strong Performer in The Forrester Wave™: Source-To-Contract Suites, Q4 2019. Learn more at corcentric.com.

Media Relations

Scott Cianciulli
The Plunkett Group
(212) 739-6753
media@corcentric.com

Corcentric Corporate Communications

Kate Freer
Senior Vice President of Marketing
(856) 382-4713
kfreer@corcentric.com