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July 31, 2018

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

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

Depending on who you ask, France was either a shoe-in or a long-shot to win the World Cup this month in Russia. Why they won is very well explained by this paraphrased excerpt from the New York Times:

(The team) will be remembered for what it was: a team of exceptional talent and ruthless efficiency, a group in which every player knew his job and performed it flawlessly. All that it achieved — through diligent planning, hard work, relentless discipline — was remarkable; a team of top-class talents willing to sublimate their individual games to a collective mission.”

It also sounds very much like a description of a world-class procurement organization.

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July 3, 2018

Watermark: Making the case for modular source-to-pay

Watermark: Making the case for modular source-to-pay

From process “black hole” to complete visibility, traceability and control.

At Determine, we are obviously (and justifiably) biased toward a source-to-pay and contract management cloud platform approach that is based on modular, implement-as-you-need solutions. The model makes perfect sense from every logic perspective. That’s why, when a customer like Amee Foss, National Director of Procurement and Plant Operations at Watermark Retirement Communities comes to the same realization, her story makes a much more powerful case than we can make. And she tells it beautifully in this interview in Supply Chain World.

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June 28, 2018

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

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

I read recently that there has been a growing trend – call it an outbreak – in towns, cities and municipalities having their computer systems held for ransom. Apparently, it’s more common than most people realize (they’re easier prey than the business world). What was interesting about the story is the fact that many of these towns refuse to pay the ransom, and instead pay A LOT more to upgrade and update their systems to be more secure. Or they might do both. But it shouldn’t take a catastrophe to convince an organization that implementing the latest technology is the right thing to do – for risk as well as operational reasons . And it doesn’t have to cost a king’s ransom.

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June 19, 2018

Don’t think code, think process and business.

Don’t think code, think process and business.

How a low code platform solves business challenges better, faster and more easily.

Low code platforms are very hot nowadays. Forrester estimates the market to reach $15 billion by 2020, and cloud application leaders like Salesforce are massively investing in it. In fact, Outsystems, a low code platform provider, just raised $360M, probably because of their great position in the 2018 Gartner Magic Quadrant for Enterprise High-Productivity Application Platform as a Service. In essence, a low code platform lets you focus on solving problems instead of thinking about the technology.

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April 24, 2018

Procurement: From Cost Killer to Influential Business Partner

Procurement: From Cost Killer to Influential Business Partner

How predictive analytics leverages data intelligence to drive decision efficiency.

More than ever, the role of procurement is gaining influence across organizations. According to the recent Deloitte Global Chief Procurement Officer Survey 2018, cost reduction remains the top priority for procurement. But as innovative technology and digitization play a greater part in the procurement process, the function has become much more strategic. The role of cost-killer is rapidly giving way to critical business partner .

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April 17, 2018

Data intelligence through data integration.

Data intelligence through data integration.

Four advantages of a cloud platform with a single source of truth.

In a recent webinar, Andrew Bartels of Forrester and Julien Nadaud, Determine’s Chief Product Officer, explored in detail the issues, challenges, benefits and hype surrounding Artificial Intelligence (AI). Whether you’re talking about machine learning, natural language processing, robotic process automation, expert system decision management or any other aspect, the goal is the same: harvesting data intelligence.  The only way to gain true data intelligence is through seamless data integration.

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