The Determine
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A Corcentric Company.
January 31, 2019

January DetermiNews: A Review of the Month in Source to Pay and Contract Management

January DetermiNews: A Review of the Month in Source to Pay and Contract Management

January. The month that starts the year with big plans and good intentions, then shakes itself out to reveal solid strategies and a roadmap for the year ahead.

Determine CLM Starter Kit

Kicking the year off with a list of resolutions is standard operating procedure for most. The ones that are successful think beyond the goals themselves to the process that will make them reality. Our own list was ostensibly aimed at procurement professionals, but it’s applicable to anyone in source-to-pay, contract management and the wider business world. It also laid out some actionable steps, a little…directional motivation.

The rest of the month paid off those resolutions by emphasizing perhaps the most critical element of goal success: incremental improvement. Thinking in doable, bite-sized chunks (the 1% rule) makes even the biggest, most daunting challenge just a mere series of steps. Easy. You want to bring ALL spend under control? Start by streamlining your invoicing. You want to find bigger savings? Look more closely at your contracts. Digital transformation seem overwhelming? Introduce a few self-service features to your processes. Thinking small can produce bigger impacts than you know.

As you check off (or wrestle with) your own list of goals this year, January DetermiNews has some practical stories and examples that prove you can make it happen.

S2P Platform Webinar

From the Procurement Maturity Curve to the Determine Online Store and why you should be more like Katelyn Ohashi, January DetermiNews catches you up on the month gone by:


 

Blog - 2019 New Year's Resolutions for CPOs - Hero Image

Resolute Changes

The key to a to-do list is making it doable. Read On >>

Wondering What Your Contracts are Worth?

Value Play

What are contracts worth to your business? Read On >>

Determine Online Store DetermiNews

Attention Shoppers

A fast, easy solution to sunsetting SAP SRM. Read On >>

Blog - E-Invoicing Replacing Errors with Accuracy Hero

Bottom (Stream)Line

Invoicing isn’t (or shouldn’t be) manual labor. Read On >>

The Procurement Maturity Curve — savings at every stage

Learning Curve

As procurement matures, its influence grows. Read On >>

Blog - CPO Rising 2018: Self-Service, Agility and Digital Transformation Hero

Adaptive Attitude

Embracing change means getting comfortable with it. Read On >>

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Over Achievers

How procurement can hone its performance. Read On >>

5 Processes That Will Reinvent P2P’s View of Supplier Management

Supply Side

The impact of supplier management on spend. Read On >>

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