The Determine
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A Corcentric Company.

January 9, 2020

What’s Old is New Again – Addressing Digital Transformation in the Context of Growth, Technology, Talent, and Relationships

What’s Old is New Again – Addressing Digital Transformation in the Context of Growth, Technology, Talent, and Relationships

As we look to the start of a new decade, the future looks bright. Much of this optimism is based on an ongoing digital revolution that started in the beginning of the 21st century. Today, the next phase, sometimes called the 4th industrial revolution, has taken shape in the form of what many have come to recognize as “digital transformation.” Any Google search on these terms will generate thousands of results that include views from pundits and non-pundits alike, on what it is and what it’s not. Continue Reading

December 26, 2019

DetermiNews: The Best of 2019 in Source-to-Pay and Contract Management

DetermiNews: The Best of 2019 in Source-to-Pay and Contract Management

Happy Holidays and Best Wishes for 2020!

Without a doubt, becoming part of Corcentric early in 2019 was the biggest thing that has happened to Determine since it was formed four years ago. Looking back on this momentous year and the changes it brought makes the prospect for the year ahead even more exciting in terms of product offerings, collaboration, process transformation and business improvement. Which, coincidentally, are the topics that make up our Best of 2019 Top 10 List of source-to-pay and contract management resources as defined by you.

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December 12, 2019

Procurement’s 2020 Challenge: Improving P2P by Investing in the “P” and the “P”

Procurement’s 2020 Challenge: Improving P2P by Investing in the “P” and the “P”

Maximize ROI by focusing on the procuring and the paying.

If procurement wants to succeed in 2020, we need to measurably improve all of procure-to-pay (P2P). Of course, in order to do that, we have to improve how the company purchases goods and services and also how it handles supplier payments. While that seems logical and straightforward, most procurement teams neither procure nor pay. What we are left with is a situation where we need to empower those who will ultimately carry out the work.

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December 10, 2019

Aligning Procurement to Serve and Empower the Business

Aligning Procurement to Serve and Empower the Business

3 essential questions every procurement leader should be asking to better align their organization.

“To transform the [Procurement] function,” wrote Corcentric Procurement Director Jennifer Ulrich recently in Spend Matters, “they’ve got to first change the way other business units perceive and engage it.” She was commenting on the fact that even highly mature Procurement organizations have a lot of work ahead of them.

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December 5, 2019

Automate to Accelerate: 4 Ways P2P Can Drive Business

Automate to Accelerate: 4 Ways P2P Can Drive Business

Empowering growth through P2P automation.

When it comes to organizational change — and the many aspects of transformation — P2P is in a great position to take the driver’s seat through automation, or at least ride shotgun as finance takes the wheel. What follows are four strategies from a Corcentric webinar and IOFM white paper for procurement teams to focus on.

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November 26, 2019

November DetermiNews: Monthly Review of S2P & CLM

November DetermiNews: Monthly Review of S2P & CLM

Preparing for Business Growth: A look back at a month of resources.

The end of 2019 is all about gearing up for 2020, so our November (and December) resources are all dedicated to helping you prepare for business growth as you’ll read in this DetermiNews. Process automation across procurement and payables was a focus this month, for the simple reason that it makes a major contribution to efficiency, compliance and bottom-line impact. Not a bad way to start the year. Continue Reading

November 21, 2019

How Automation Overcomes the Biggest Challenges in Payables

How Automation Overcomes the Biggest Challenges in Payables

Takeaways from the Levvel Research 2019 Payables Insight Report.

Inefficiency. It’s unnecessarily slow — a time waster that saps morale, dilutes resources and is really expensive. But if you’re using a sluggish, cumbersome, error-prone manual process for your payables instead of automation, you already all that, right? Continue Reading

November 14, 2019

The Accelerating Rise of Cloud Platforms in Procurement

The Accelerating Rise of Cloud Platforms in Procurement

Procurement is going digital at an accelerating rate, and this transformation is critical for every organization – public and private. Not just for staying competitive and relevant, but for increasing the c-suite-level influence that is so crucial to driving enterprise strategy.

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