If necessity is the mother of invention, then reinvention must be the offspring of a continuous improvement process. Back in flight school, there was an industry group with a major professional education component, whose slogan was “When you’re good, you’re always learning.” The more source-to-pay professionals and practitioners I meet, and the more research and whitepapers I read, that same slogan could easily apply to procurement, sourcing and contract management, as well. As one Determine customer sagely told me at a recent User Group, “Comfort zones makes me uncomfortable.”
I read recently that “data is the new oil.” Which, from a corporate-speak pithiness perspective, is sound bytable enough. But it’s inaccurate: oil is a finite resource that gets used up and will diminish over time. Data, on the other hand, just keeps accumulating and getting ever more valuable. If you know how to leverage it , that is. Pick up some pointers in this month’s April DetermiNews, and even more in our webinar with Ardent Partners, CPO Rising 2018: The Age of Intelligence.
March is what we used to call in Vermont one of the “shoulder seasons.” That is, it can’t decide whether to focus on winter or spring so it just throws curve balls at you all day. Luckily for us, as we cover in this March DetermiNews, Determine has incredible customers for us to focus on regardless of what the weather is doing. There are many pathways to achieving customer success; we’re success agnostic – whatever works for them works for us.
From helping global corporations to helping local charities achieve their goals — it’s all in a day’s work.
Hauling debris off a fire-hazard hillside in the French countryside for France Bénévolat; enhancing the living environment for students at the Indiana School for the Blind and Visually Impaired; rehabilitating old building materials at the Habitat for Humanity ReStore; trailblazing for the London Wildlife Trust. What does that have to do with contract management or source-to-pay solutions?
Clients, partners, industry analysts and everyone else who knows Determine understands our unrelenting customer focus. It’s just part of our DNA. So staying compliant with the Health Insurance Portability and Accountability Act (HIPAA) and Health Information Technology for Economic and Clinical Health (HITECH) Act through our HIPAA Compliance Program, validated by Schellman & Company examination, isn’t about checking off another box, or adding another accolade. As outlined in our press release, delving into the incredibly rigorous process of compliance with HIPAA was all about doing what is in our customers’ best interests.
If February DetermiNews could be summed up in one word, it would be “contracts.” This month, starting with our IACCM webinar on January 31, looked at contracts and how to best manage them with technology, internal processes and C-Suite level strategic focus. Contracts represent relationships, revenue and risk to every organization. Making sure yours maximize the first two and mitigate the third is what Determine does for a growing number of leading companies across industry verticals.