SOURCE: Determine, Inc.

Determine, Inc.

June 13, 2016 14:00 ET

Silicon Valley Firm Relocating Headquarters to Carmel, IN

CARMEL, IN--(Marketwired - Jun 13, 2016) - Determine, Inc. (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, announced plans today to relocate their headquarters to Carmel, IN. The new 9,000 square foot corporate headquarters is located at 615 West Carmel Drive in Carmel. With the renovations now complete, the office will begin to officially serve as Determine Inc.'s global headquarters this month. Growing from the company's Indiana satellite office in Carmel, Determine's new headquarters will provide a home base for the company's worldwide business, which today also includes offices in California, Georgia, France and the United Kingdom.

The company's recognized, visionary technologies allow their customers to effectively manage the full scope of Source-to-Pay and enterprise contract lifecycle management using the Determine Cloud Platform. Its Source-to-Pay software suite gives procurement, finance, and legal professionals the ability to deliver profound insights through analysis of their supplier relationships and contractual data. Determine's 300+ leading global enterprise customers, including well known industry leaders such as; AOL, Cushman & Wakefield, Endo Pharmaceuticals, Nordstrom, and Sony Music Entertainment 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.

"We are thrilled to formally announce this move of our corporate headquarters to Carmel," said Patrick Stakenas, President and CEO, Determine. "It was a big decision to leave Silicon Valley, but we believe that Carmel offers us a centralized strategic location for both staffing and maintaining connectivity to our global offices and customers. Locating in Carmel offers us an extremely solid business environment and a quality of life that will allow us to attract and retain talented employees, due to these key points, the bulk of our future US based growth will be in Indiana."

"Indiana's tech sector is thriving, and today I am proud to mark yet another milestone as we welcome Determine's global headquarters to the Hoosier state," said Governor Pence. "In Indiana, we maintain a balanced budget and have cut costs and taxes, creating a fiscally predictable environment that allows entrepreneurs and job creators to invest in what matters most -- their business and their employees. With a strong community of innovators, top universities training tomorrow's leaders and a business climate designed for job creation, I am confident that Indiana will be a key partner in supporting Determine's growth worldwide."

"Carmel is always pleased when a company decides to establish its headquarters here. But it's even more gratifying when a company as prestigious as Determine, which was already in a great location near San Francisco, recognizes the benefits of moving its headquarters to Indiana, specifically Carmel. We welcome Determine into our family of more than 100 corporate headquarters and we look forward to watching you expand in the future," said Carmel Mayor Jim Brainard.

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About Determine, Inc.
Determine, Inc. (NASDAQ: DTRM) is a leading global provider of SaaS Source to Pay and Enterprise Contract Lifecycle Management (ECLM) solutions. Our Gartner recognized 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