If contracts are at the center of commerce and business relationships, then integrated data is at the center of those enterprise contracts. You’ve likely heard variations of the phrase “That contract isn’t worth the paper it’s written on.” In the same vein, a contract is only as good as its contract data.
Relational theory states that objects are only meaningful in relation to other objects. In source-to-pay and contract management, it means relations between people, organizations, tasks, data, documents, decisions, and so on.
“‘Agile’ is really a perfect descriptor for Determine – it applies to the people, the thinking and the technology. Determine is good at change.”
This quote, from our new Chief Marketing Officer, Gérard Dahan, applies not just to Determine as a company, but what we strive to help our customers achieve, too.
We looked closely at the compelling reasons for adopting a cloud-based legal solution in Part 1, and ways to mitigate supplier risk in Part 2. In this third and final blog in the series, you’ll discover how other organizations have made cloud solutions integral to the way they do business.
This article was first published in the ACC Docket, September 2016.