The Determine
Blog
A Corcentric Company.

June 17, 2020

Why Spend Analysis?

Why Spend Analysis?

A Conversation with Diego De La Garza, Senior Director of Global Services and Delivery at Corcentric

Spend analysis is probably the closest thing procurement has to ‘an oldie but a goodie.’ It has been the basis of our sourcing and spend management activities for as long as most of us can remember. But can a historical record of purchase transactions provide the basis for strategic procurement in the age of digital transformation, automation, and real-time insights?

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April 29, 2020

The Importance of Digitization to a Remote Workforce

The Importance of Digitization to a Remote Workforce

A Conversation with Dan Andrew, Senior Vice President of Sales at Corcentric

While many finance executives are slashing costs to weather the downturn, some view investments in technology as essential to better equip newly remote finance teams or strengthen other parts of the business.”

— Mark Maurer, CFOs Look to Ramp Up Automation Investments Amid Pandemic, Wall Street Journal: April 8, 2020

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October 2, 2019

Transformational ROI: Why Your Suppliers Should Embrace E-invoicing

Transformational ROI: Why Your Suppliers Should Embrace E-invoicing

Conversation with Reginald Peterson, Director of Supply Management Programs at Corcentric.

If you have been working under the assumption that digital transformation will solve all of your problems and catapult your company into leadership status, consider this: an email with an invoice attached to it is “digital.” That invoice still has to be manually sent, received and entered into another system for approval and payment. Despite being digital, this invoicing process is labor intensive, risky and inefficient. Hardly transformative, is it?

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September 17, 2019

The Evolution of Finance and the CFO, Part 1

The Evolution of Finance and the CFO, Part 1

Determine OutLoud: A two-part conversation with Mark Joyce, EVP and CFO of Corcentric.

In a recently released article and podcast about the evolving role of the CFO, McKinsey & Co. partner Ankur Agrawal and consultant Priyanka Prakash shine an interesting light on enterprise-wide change management in the digital age — from the perspective of finance. Of particular note are the number and range of corporate functions reporting into finance today, and how that shifting scope of responsibilities can stress a CFO’s bandwidth while also increasing their net impact.

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June 11, 2019

AI and Blockchain Can’t Replace Strong Procurement Fundamentals

AI and Blockchain Can’t Replace Strong Procurement Fundamentals

Determine OutLoud: A conversation with Anthony Mignogna, Director at Source One, a Corcentric company.

Attend any procurement conference, read any procurement blog, download any procurement whitepaper these days and what are you likely to see and hear? AI! Blockchain! Machine learning! Chatbots! Emerging technology is undoubtedly exciting, and it is no wonder that it captures our attention and imagination. But does it have any actionable value for the majority of procurement organizations today?

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May 14, 2019

Achieving Duality in Supplier Management: Technology + Talent

Achieving Duality in Supplier Management: Technology + Talent

A conversation with Anéliya Riminchan, Product Director of Sourcing for Determine, a Corcentric company

Supplier management encompasses the entire end-to-end procurement process. Getting the most out of our external supply partnerships requires consistent investment in supplier qualification and onboarding, supplier information management, supplier relationship management, and supplier risk and performance management.

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April 9, 2019

Source-to-Pay Platforms: Avoiding the Pitfalls of Point Solutions and Frankensteins

Source-to-Pay Platforms: Avoiding the Pitfalls of Point Solutions and Frankensteins

Determine OutLoud: A conversation with Sophie Pope, Director of Customer Success at Determine

In a recent webinar, Sophie Pope and Ollie Young, a Senior Solutions Engineer at Determine, addressed The 5 Ways a S2P Platform Helps Create More Value for Your Organization. They discussed the differences between source-to-pay point solutions, platforms, and what they called ‘Frankenstein’ platforms. Yikes!

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March 14, 2019

An Evolving Theory of Procurement Motivation.

An Evolving Theory of Procurement Motivation.

The podcast series that’s all about minding your business in contract management and source-to-pay.

The new Determine ebook, The Procurement Maturity Curve: A Four Stage Hierarchy of Value, pulls together multiple perspectives in an attempt to better understand procurement’s maturity progression from savings and compliance all the way up to supplier collaboration. To bring a European point-of-view to this topic, I had a Determine OutLoud conversation with Eléonore Roucaute, Determine’s EMEA Marketing Manager.

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