Determine Signs Alliant Credit Union – One of the Largest U.S. Credit Unions
Carmel, IN, September 20, 2016 – Determine, Inc. (NASDAQ: DTRM), a leading global provider of SaaS enterprise for Source to Pay and Enterprise Contract Lifecycle Management (ECLM), including cloud-based strategic sourcing, supplier management, contract management and procure-to-pay solutions, announced today that Alliant Credit Union, one of the largest credit unions in the United States, will roll out Determine’s Cloud Platform.
Alliant selected to deploy several modules on the Determine Cloud Platform including Determine Supplier Management, Contract Management and Procure to Pay. One of the key differentiators for being selected was Determine’s Supplier Information Management (SIM) business application, which in conjunction with Contract Management demonstrated essential features like supplier scoring. Its self-service capabilities will prove critical for managing compliance in the regulated financial industry.
“We are looking forward to starting this journey with Determine. We are excited to make our process more efficient and transparent, which will have a positive impact on our members,” said Dave Quillin, Manager of Procurement at Alliant.
Recognized by analysts for its configurability in meeting complex requirements, Alliant will leverage Determine’s Master Data Ecosystem to help simplify Alliant’s financial reporting requirements. By improving accuracy, Alliant will gain efficiency and insight on contracts, spend and suppliers across the entire organization.
The Determine suite aims to provide a unified, advanced and intuitive workflow; its functionality and simplicity should improve collaboration, responsiveness, and ease of use and time management efforts across procurement finance, legal and even sales.
“As one of the top ten credit unions in the United States, we are excited to announce Alliant Credit Union as an early adopter to the Determine Cloud Platform,” said Patrick Stakenas, President and CEO at Determine. “Determine is changing the way our customers source, contract and buy goods and services with its new and innovative market changing cloud solution platform in some of the most complex industries like financial services. Determine’s UI/UX and unified database make it easy to improve efficiency while improve contract compliance and supplier risk mitigation efforts unlike any other Source to Pay solution in the market.”
About Alliant Credit Union
Alliant is a not-for-profit financial cooperative with over 300,000 members and $9 billion in assets. Headquartered in Chicago and founded in 1935, Alliant is the largest credit union in Illinois and one of the largest credit unions in the United States. As a member-owned financial cooperative, Alliant’s mission is to foster its members’ financial well-being and serve their best interests. Learn more about Alliant online at http://www.alliantcreditunion.org.
Corcentric is a leading global provider of payments, procurement, accounts payable, and accounts receivable solutions to enterprise and middle-market companies. Corcentric delivers software, advisory services, and payments focused on reducing costs, optimizing working capital, and unlocking revenue. To learn more, please visit corcentric.com.