Determine companies b-pack and Iasta both designated as visionaries in the GARTNER 2015 Magic Quadrant for Procure-to-Pay Suites for Indirect Procurement* and 2015 Magic Quadrant for Strategic Sourcing Suites.
When Determine set out to establish an industry-leading platform for source to pay, we sought the very best talents in magic quadrant visionaries to deliver on innovations, to set new standards. We started at the top with b-pack, a “Visionary” in the 2015 Magic Quadrant for Procure-to-Pay Suites for Indirect Procurement*, and Iasta, rated “Visionary” in the 2015 Magic Quadrant for Strategic Sourcing Suites.
Procurement, IT and supply chain leaders use these Gartner reports to assess the top solution vendors competing in the global market. Being positioned as “Visionary” in two Magic Quadrants is the most powerful third-party (and objective) opinion possible rating the totality of our vision. It’s also an indication of the restless innovation that makes us a leader.
According to Gartner:
“P2P suite vendors (and) Strategic Sourcing Application Suite vendors in the Visionaries quadrant are ahead of most of the competition in developing innovative products and services. They harness the power of Nexus of Forces — mobile, social, cloud and big data — to create unique solutions, and they anticipate emerging/changing market needs. Visionaries in this report, however, have some challenges delivering those innovations to clients.”
Julien Nadaud, Founder and former CEO of b-pack, and now Chief Product Officer of Determine, considers having two suites positioned in the “Visionary” Quadrant by Gartner as a confirmation of our mission to provide customers with highly flexible, SaaS/Cloud-based Procure-to-Pay and Strategic Sourcing solutions that are unique within the market.
“We believe this recognition last year was a reward for all our hard work. Because much of the ranking relies on customer feedback, we feel it validates our customers’ choice in selecting us as their preferred solutions. Today as Determine, we will continue showing our leadership through the innovation of our platform in 2016.”
From “Visionary” today to global leader tomorrow. These Magic Quadrant designations are also an acknowledgement of our vision to provide one seamless source-to-pay and enterprise contract management solutions platform. As we finalize full integration in the coming months, we look forward to collaborating with customers as we blaze innovations and possibilities of functionality. And we can’t wait to find out how we stack up in this year’s Magic Quadrant in P2P, Strategic Sourcing, as well as S2P suites.
* Gartner.”Magic Quadrant for Procure-to-Pay Suites for Indirect Procurement,” Magnus Bergfors, Paolo Malinverno, Deborah R Wilson, 24 March 2015.
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