The Determine
Blog
A Corcentric Company.

October 19, 2015

Meet Determine, Inc. – formerly Selectica, Inc.

Meet Determine, Inc. – formerly Selectica, Inc.

Today, we’re very excited to unveil not just a new brand identity and a name, but a brand-new company. Determine, Inc.™ is the result of years of work and planning by many people sharing a singular view about how to best position ourselves and shape the company for the future. Now we’re ready for it, and I couldn’t be more proud.

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October 8, 2015

Introducing the next level of CLM

Introducing the next level of CLM

Contracts are the instruments through which business relationships and commitments are defined and managed. Every year they grow more complex. In order to keep up, you need a CLM strategy to achieve visibility and control across all contracting processes.

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September 11, 2015

Still in the dark ages?

Still in the dark ages?

It’s time to face the music; your outdated processes and technology are killing your business.

Successful businesses of the future must adopt and embrace change. For years now, as an analyst or consultant and a managing operator, I have been a catalyst for change within organizations. Today, cloud computing and certainly mobile and big data are changing the future of business. But more than that, the digital revolution has led to a wave of connected technologies and a culture of collaboration that is changing customer and employee expectations. Businesses need to evolve – holding onto old ways of doing things is simply dangerous.

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August 31, 2015

eSourcing – what does it take in the modern economy?

eSourcing – what does it take in the modern economy?

Sourcing technology over the years has come a long way. While its beginnings initially focused primarily on auctions and RFx, today strategic esourcing efforts can provide a much more comprehensive and integrated view of the supply base.

What can be attributed to this development over the past decade is the change in the endgame for procurement, and how procurement views its role in the proverbial organization.

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August 20, 2015

eSourcing vs. eProcurement: What are the differences?

eSourcing vs. eProcurement: What are the differences?

Sourcing and procurement are often used as interchangeable terms, and indeed they are related ideas in supply management. However, they’re not quite the same, and neither are eSourcing vs. eProcurement. But what exactly are the differences?

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August 12, 2015

Are Chief Risk Officers Keeping Businesses Afloat?

Are Chief Risk Officers Keeping Businesses Afloat?

During my annual pilgrimage to Ireland on the ferry from NW Wales to Dublin I was struck by the unnerving thought that all it would take for a ship like this to be unrecoverable is for it to list by 11 degrees or more. Thankfully, it was early in the day and the captain didn’t seem sauced as was Captain Schettino on the Costa Concordia.

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August 5, 2015

Why your Board is Thinking About Innovative Processes, Strategies & Technologies

Why your Board is Thinking About Innovative Processes, Strategies & Technologies

In the past, we’ve seen innovation as the critical ingredient for creating and sustaining company growth. Now, leading executives are asking for innovative processes and new frameworks for designing higher value business models on which to build their enterprise. Many, however, still struggle with day-to-day operational function and count on their vendors to provide innovative solutions.

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July 16, 2015

Getting clarity for building a holistic approach to Procurement technology (Part 2)

Getting clarity for building a holistic approach to Procurement technology (Part 2)

In a recent post, Getting clarity for building a holistic approach to Procurement technology, we looked to address the challenge of the terms often used to describe procurement technology. Even the other day our sales team encountered a client RFP that asked us to elaborate our capabilities of RFx and auctions in the context of eProcurement. What? The initial reaction was that RFx and auctions are a part of eSourcing, not eProcurement.

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July 14, 2015

From Cost to Revenue Center: How Legal Can Impact the Bottom Line

From Cost to Revenue Center: How Legal Can Impact the Bottom Line

For too long the legal department has been seen as something of a necessary evil within an enterprise: vital in keeping the company out of court or at least on the winning side of legal battles, but unable to add much value beyond those duties. This attitude, however, is changing. Increasingly, legal departments are contributing more and even becoming zero-cost centers by streamlining operations, uncovering and inventing new revenue streams, and participating more fully in the enterprise’s overall strategy.

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