SOURCE: Determine, Inc.

Determine, Inc.

July 14, 2016 09:00 ET

Determine Scores Number 1 Position for "Out-of-the-Box" Procure-to-Pay Suite in the Gartner Magic Quadrant

CARMEL, IN--(Marketwired - Jul 14, 2016) - Determine (NASDAQ: DTRM), a leading global provider of SaaS Source to Pay and Enterprise Contract Lifecycle Management (ECLM) solutions, offered through the Determine Cloud Platform, which includes strategic sourcing, supplier management, contract management, and procure-to-pay applications, announces being recognized on Gartner's 2016 Magic Quadrant for Procure-to-Pay Suites and for positioning as #1 for "out of the box" P2P functionality for projects.

Determine is proud of its continued recognition in the Gartner Procure-to-Pay Magic Quadrant, noting that this analysis took place at the time of the initial merger between Selectica and b-pack, which was finalized on August 3, 2015. Gartner specifically calls out the Determine Procure to Pay solution for our exceptional out-of-the-box capabilities, and the highly configurable nature based on our Platform as a Service (PaaS) design. For 2016 it was particularly gratifying given the number of providers reviewed on the MQ had dropped by 40% vs. the 2015 analysis. Moreover, Determine is one of the only providers that has achieved recognition on multiple magic quadrants in the past.

Acknowledgment as a magic quadrant qualifier, is noteworthy today given the highly competitive marketplace and is a reinforcement of Determine's goal to simplify and reduce project costs, proof of the essential quality that we provide.

"This recognition of Determine's strong Procure-to-Pay offering by Gartner demonstrates our long tradition of procure to pay expertise, and our ongoing commitment to realizing our vision of a unified platform," said Julien Nadaud, Chief Product Officer of Determine and former CEO of b-pack. "Being ranked first for out-of-the box P2P functionalities after having been considered as the most flexible cloud solution on the market, rewards our vision of being able to address most business needs while moving toward quick and easy implementations. In the coming months, we look forward to demonstrating further leadership in the marketplace as we announce industry leading enhancements to our core Procure-to-Pay offering."

Disclaimer:

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

[1] Gartner "Magic Quadrant for P2P Suites" by Deborah R Wilson, Paolo Malinverno, Magnus Bergfors, and Desere Edwards. June 13, 2016.

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About Determine, Inc.

Determine (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.

For more information, please visit www.determine.com.

Contact Information

  • Contacts
    Media Relations:
    Determine Inc.
    Rose Lee
    pr@determine.com
    +1.650.532.1590